BillionaireNet
Razack
Noaman Razack
Rank #2341
INDIAreal-estateReal estate

Noaman Razack

Net Worth
$1.591B
-0.5% (24h)
Noaman Razack is the Executive Director of Prestige Group, a leading real estate developer in India. With a real estate net worth of $1.6 billion as of December 16, 2025, Razack oversees the retail and leisure operations of the group, including the Prestige Forum malls. His career began in the family's textile business before transitioning to real estate, where he has played a crucial role in shaping Bangalore's retail landscape and contributing to Prestige Group's success. He is known for his strategic vision and commitment to customer experience, which has helped transform retail in the region. He works alongside his brothers, Irfan and Rezwan, in the company.

The Full Dossier

Early Life and Family

Noaman Razack, the youngest son of Razack Sattar, founder of the Prestige Group, comes from a family deeply rooted in the retail and real estate sectors. His father established Prestige Fashions, a men's clothing store, which served as the initial base for the Razack family's business ventures. Noaman, along with his brothers Irfan and Rezwan, was immersed in the family business from a young age, learning the fundamentals of retail and customer service.

Rise to Success

Noaman's career began within Prestige Fashions, where he gained experience in fashion retail and customer relations. As the Prestige Group expanded into real estate, Noaman transitioned his focus to the retail and leisure aspects of the business. He became the director overseeing the Prestige Forum malls and Prestige Fashions, contributing to the group's significant presence in Bangalore and beyond. His leadership has been instrumental in transforming Bangalore's lifestyle, elevating retail to international standards.

Key Business Strategies

Noaman Razack has played a key role in the strategic expansion of the Prestige Group's retail and leisure portfolio. His strategies have included:

  • Focus on Customer Experience: Creating world-class shopping environments and prioritizing customer satisfaction.
  • Strategic Partnerships: Bringing in various brands into Prestige malls.
  • Innovation: Adapting to changing market trends and the growth of e-commerce, ensuring the relevance of physical retail spaces.

Philanthropy

Noaman Razack is known for his contributions to society through charitable endeavors. The Razack family has donated Rs 5 crore to St. Joseph's Boys' High School for infrastructure development.

Career Timeline

Present

Executive Director, Prestige Group

Overseeing retail and leisure projects and ensuring comfortable and well-designed spaces.

1986

Joined Prestige Group

Began career in the family's business, contributing to retail and then real estate.

Philanthropic Impact

Education$0.6M

St. Joseph's Boys' High School

Donated Rs 5 crore to support the institution's infrastructure projects.

Wealth Trajectory