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== Personal life == | == Personal life == | ||
{{See also|Wadia family}} | {{See also|Wadia family}} | ||
Nusli was born into the prominent [[Parsis|Parsi]] [[Wadia family]] in [[Mumbai|Bombay]]. He is the son of businessman [[Neville Wadia]] and [[Dina Wadia]].{{citation needed|date=December 2020}} His maternal grandfather [[Muhammad Ali Jinnah]] was the founder of [[Pakistan]], while, his maternal grandmother, [[Rattanbai Petit]] was born into two of the elite Parsi families of India, the [[Petit baronets|Petit]]—[[Tata family]]. He also held British citizenship for sometime by descent as [[Neville Wadia|his father]] had been born in the UK.<ref name="it">{{cite news|last1=Cover|first1=Story|title='Why should I be a threat?' - Interview with Nusli Wadia|url=http://indiatoday.intoday.in/story/i-am-an-indian-citizen.-i-was-born-and-raised-here-nusli-wadia/1/323861.html|accessdate=28 November 2016|publisher=India Today|date=31 August 1989}}</ref> | Nusli was born into the prominent [[Parsis|Parsi]] [[Wadia family]] in [[Mumbai|Bombay]]. He is the son of businessman [[Neville Wadia]] and [[Dina Wadia]].{{citation needed|date=December 2020}} His paternal grandfather Sir Ness Wadia played an important role in the late 19th century in turning the city of Bombay into one of the world's largest cotton trading centers, while his paternal grandmother was Evelyne Clara Powell. His maternal grandfather [[Muhammad Ali Jinnah]] was the founder of [[Pakistan]], while, his maternal grandmother, [[Rattanbai Petit]] was born into two of the elite Parsi families of India, the [[Petit baronets|Petit]]—[[Tata family]]. He also held British citizenship for sometime by descent as [[Neville Wadia|his father]] had been born in the UK. Wadia was educated at [[Cathedral and John Connon School]] and the [[Rugby School]] in [[England]]. He graduated from the [[University of Florida]] and earned a PhD in [[Chemical Engineering]].<ref name="it">{{cite news|last1=Cover|first1=Story|title='Why should I be a threat?' - Interview with Nusli Wadia|url=http://indiatoday.intoday.in/story/i-am-an-indian-citizen.-i-was-born-and-raised-here-nusli-wadia/1/323861.html|accessdate=28 November 2016|publisher=India Today|date=31 August 1989}}</ref> | ||
He is married to Maureen Wadia, a former [[air hostess]], who heads ''Gladrags'' magazine and is one of the organizers of Mrs. India beauty pageant. They have two sons: [[Ness Wadia]] and [[Jehangir Wadia]].<ref>{{cite news|url=http://economictimes.indiatimes.com/articleshow/4770575.cms?flstry=1|title=I want to consolidate: Nusli Wadia|last=Singh|first=Rohini|date=13 July 2009|publisher=Economic Times|accessdate=2009-07-13}}</ref> | He is married to Maureen Wadia, a former [[air hostess]], who heads ''Gladrags'' magazine and is one of the organizers of Mrs. India beauty pageant. They have two sons: [[Ness Wadia]] and [[Jehangir Wadia]].<ref>{{cite news|url=http://economictimes.indiatimes.com/articleshow/4770575.cms?flstry=1|title=I want to consolidate: Nusli Wadia|last=Singh|first=Rohini|date=13 July 2009|publisher=Economic Times|accessdate=2009-07-13}}</ref> | ||
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== Career == | == Career == | ||
Nusli currently serves as a member of the [[Advisory board|Board of Advisors]] of [[I.I.M.U.N.|India's International Movement to Unite Nations (I.I.M.U.N.)]].<ref>{{Cite web|title=I.I.M.U.N. {{!}}{{!}} Board of Advisors|url=https://new.iimun.in/pages/BoA.html|access-date=2021-07-17|website=new.iimun.in}}</ref> | In 1977, Nusli succeeded his father as the chairman of [[Bombay Dyeing]]. Nusli currently serves as a member of the [[Advisory board|Board of Advisors]] of [[I.I.M.U.N.|India's International Movement to Unite Nations (I.I.M.U.N.)]].<ref>{{Cite web|title=I.I.M.U.N. {{!}}{{!}} Board of Advisors|url=https://new.iimun.in/pages/BoA.html|access-date=2021-07-17|website=new.iimun.in}}</ref> | ||
In 2016, Wadia announced that he will be filing a defamation case against [[Ratan Tata]] and his [[Tata Group|Tata group]], after being removed as the independent director of [[Tata Motors]].<ref>{{Cite web|url=http://businessworld.in/article/Nusli-Wadia-To-Go-Ahead-With-Defamation-Cases-Against-Tatas/01-12-2016-109116|title=Nusli Wadia To Go Ahead With Defamation Cases Against Tatas|date=2016-12-01|website=Businessworld|language=en|url-status=live|archive-url=|archive-date=|access-date=Chief}}</ref> During the 2016–19 period, when the trial was ongoing, Wadia's net worth increased from {{USD|3.5 billion}} to {{USD|7 billion}}.<ref>{{Cite web|url=https://www.businessinsider.in/slideshows/billionaire-nusli-wadia-could-be-one-of-the-rare-men-who-battled-ambanis-and-tatas-and-lived-to-tell-the-tale/the-7-billion-nusli-wadia/slideshow/73264426.cms|title=Billionaire Nusli Wadia could be one of the rare men who battled Ambanis and Tatas and lived to tell the tale|last=Soni|first=Preeti|date=2020-01-15|website=Business Insider|url-status=live|archive-url=|archive-date=|access-date=2020-01-16}}</ref> In January 2020, Wadia withdrew the defamation case, following Tata's statement that there was no intention to defame Wadia.<ref>{{Cite web|url=https://www.livemint.com/companies/people/nusli-wadia-withdraws-criminal-defamation-suit-against-ratan-tata-11578915512716.html|title=Nusli Wadia withdraws criminal defamation suit against Ratan Tata|last=Sharma|first=Prathma|date=2020-01-13|website=Livemint|language=en|access-date=2020-01-16}}</ref><ref>{{Cite news|last=Rautray|first=Samanwaya|date=2020-01-14|title=Nusli Wadia to withdraw defamation cases against Ratan Tata|work=The Economic Times|url=https://economictimes.indiatimes.com/news/company/corporate-trends/nusli-wadia-withdraws-all-defamation-case-including-3000-cr-damage-suit-against-ratan-tata-others/articleshow/73226078.cms?from=mdr|access-date=2020-05-11}}</ref> | In 2016, Wadia announced that he will be filing a defamation case against [[Ratan Tata]] and his [[Tata Group|Tata group]], after being removed as the independent director of [[Tata Motors]].<ref>{{Cite web|url=http://businessworld.in/article/Nusli-Wadia-To-Go-Ahead-With-Defamation-Cases-Against-Tatas/01-12-2016-109116|title=Nusli Wadia To Go Ahead With Defamation Cases Against Tatas|date=2016-12-01|website=Businessworld|language=en|url-status=live|archive-url=|archive-date=|access-date=Chief}}</ref> During the 2016–19 period, when the trial was ongoing, Wadia's net worth increased from {{USD|3.5 billion}} to {{USD|7 billion}}.<ref>{{Cite web|url=https://www.businessinsider.in/slideshows/billionaire-nusli-wadia-could-be-one-of-the-rare-men-who-battled-ambanis-and-tatas-and-lived-to-tell-the-tale/the-7-billion-nusli-wadia/slideshow/73264426.cms|title=Billionaire Nusli Wadia could be one of the rare men who battled Ambanis and Tatas and lived to tell the tale|last=Soni|first=Preeti|date=2020-01-15|website=Business Insider|url-status=live|archive-url=|archive-date=|access-date=2020-01-16}}</ref> In January 2020, Wadia withdrew the defamation case, following Tata's statement that there was no intention to defame Wadia.<ref>{{Cite web|url=https://www.livemint.com/companies/people/nusli-wadia-withdraws-criminal-defamation-suit-against-ratan-tata-11578915512716.html|title=Nusli Wadia withdraws criminal defamation suit against Ratan Tata|last=Sharma|first=Prathma|date=2020-01-13|website=Livemint|language=en|access-date=2020-01-16}}</ref><ref>{{Cite news|last=Rautray|first=Samanwaya|date=2020-01-14|title=Nusli Wadia to withdraw defamation cases against Ratan Tata|work=The Economic Times|url=https://economictimes.indiatimes.com/news/company/corporate-trends/nusli-wadia-withdraws-all-defamation-case-including-3000-cr-damage-suit-against-ratan-tata-others/articleshow/73226078.cms?from=mdr|access-date=2020-05-11}}</ref> | ||
Latest revision as of 07:39, 4 December 2021
Nusli Wadia | |
|---|---|
| Born | 15 February 1944 |
| Nationality | Indian[1] |
| Occupation | Businessman, entrepreneur |
| Net worth | US$3.7 billion (May 2021)[1] |
| Spouse(s) | Maureen Wadia |
| Children | Ness Wadia Jehangir Wadia |
| Parent(s) | |
| Relatives | See Wadia family and Jinnah family |
Nusli Wadia (born 15 February 1944) is an Indian billionaire businessman and entrepreneur and the chairman of the Wadia Group, an Indian conglomerate involved in the FMCG, textiles and real estate industries among others.[2] His net worth was estimated at US$4.1 billion by Forbes in August 2021.[1]
Personal life[edit | edit source]
Nusli was born into the prominent Parsi Wadia family in Bombay. He is the son of businessman Neville Wadia and Dina Wadia.[citation needed] His paternal grandfather Sir Ness Wadia played an important role in the late 19th century in turning the city of Bombay into one of the world's largest cotton trading centers, while his paternal grandmother was Evelyne Clara Powell. His maternal grandfather Muhammad Ali Jinnah was the founder of Pakistan, while, his maternal grandmother, Rattanbai Petit was born into two of the elite Parsi families of India, the Petit—Tata family. He also held British citizenship for sometime by descent as his father had been born in the UK. Wadia was educated at Cathedral and John Connon School and the Rugby School in England. He graduated from the University of Florida and earned a PhD in Chemical Engineering.[3]
He is married to Maureen Wadia, a former air hostess, who heads Gladrags magazine and is one of the organizers of Mrs. India beauty pageant. They have two sons: Ness Wadia and Jehangir Wadia.[4]
In 2004, Wadia accompanied his mother Dina and sons Ness and Jeh, on a visit to Pakistan, during which he visited the mausoleum of his grandfather Muhammad Ali Jinnah, and grandaunt Fatima Jinnah in Karachi.[5]
Career[edit | edit source]
In 1977, Nusli succeeded his father as the chairman of Bombay Dyeing. Nusli currently serves as a member of the Board of Advisors of India's International Movement to Unite Nations (I.I.M.U.N.).[6]
In 2016, Wadia announced that he will be filing a defamation case against Ratan Tata and his Tata group, after being removed as the independent director of Tata Motors.[7] During the 2016–19 period, when the trial was ongoing, Wadia's net worth increased from US$3.5 billion to US$7 billion.[8] In January 2020, Wadia withdrew the defamation case, following Tata's statement that there was no intention to defame Wadia.[9][10]
References[edit | edit source]
- ↑ 1.0 1.1 1.2 "Nusli Wadia". Forbes. Retrieved 18 February 2020.
- ↑ "Nusli Neville Wadia Executive Profile & Biography". Bloomberg. Retrieved 18 September 2014.
- ↑ Cover, Story (31 August 1989). "'Why should I be a threat?' - Interview with Nusli Wadia". India Today. Retrieved 28 November 2016.
- ↑ Singh, Rohini (13 July 2009). "I want to consolidate: Nusli Wadia". Economic Times. Retrieved 13 July 2009.
- ↑ "Dina Wadia visits mausoleum of Quaid". DAWN.COM. 27 March 2004. Retrieved 12 January 2018.
- ↑ "I.I.M.U.N. || Board of Advisors". new.iimun.in. Retrieved 17 July 2021.
- ↑ "Nusli Wadia To Go Ahead With Defamation Cases Against Tatas". Businessworld. 2016-12-01. Retrieved Chief.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ Soni, Preeti (15 January 2020). "Billionaire Nusli Wadia could be one of the rare men who battled Ambanis and Tatas and lived to tell the tale". Business Insider. Retrieved 16 January 2020.
{{cite web}}: CS1 maint: url-status (link) - ↑ Sharma, Prathma (13 January 2020). "Nusli Wadia withdraws criminal defamation suit against Ratan Tata". Livemint. Retrieved 16 January 2020.
- ↑ Rautray, Samanwaya (14 January 2020). "Nusli Wadia to withdraw defamation cases against Ratan Tata". The Economic Times. Retrieved 11 May 2020.
External links[edit | edit source]
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