The net worth information of world’s richest biscuit maker Britannia CEO Nazli Waria has come as a surprise.
According to the latest rich list published by private organization Hurun, Britannia Industries’ Nazli Wadia and his family have been declared as the richest biscuit manufacturing family in the world. Nazli Wadia’s net worth is USD 3.8 billion. The list includes vaccine manufacturer Cyrus S Poonawalla, Reliance chairman Mukesh Ambani and a handful of wealthy Indians.
Billionaire businessman Nazli Wadia is the chairman of the Wadia Group. The Wadia group of companies include Britannia Industries, Bombay Dyeing and Go First Airline. Nazli Wadia was born on February 15, 1944 in a prominent Parsi Wadia family in Mumbai. He is the son of businessman Neville Wadia and Dina Wadia. The Wadia family has been running business since 1736. It is worth noting that Nazli Wadia was the grandson of Muhammad Ali Jinnah, the founder of Pakistan.
Nazli Wadia bought Britannia owned by US-based RJR Nabisco Inc and his friend K. Joined by Rajan Pillai. Take over the company. After Rajan Pillai was appointed chairman of Britannia, the company saw huge profits due to his efforts.