Iqbal Ratansi Net Worth (Updated 2026).
Iqbal Ratansi, a name that has become synonymous with success in the world of finance, began his career in the early 1980s, a time when the financial landscape was quite different from what it is today. Born and raised in a humble family in Kenya, Ratansi’s journey to fame and fortune is a testament to his unwavering determination and sharp business acumen.
Starting out as a trainee at a local bank, Ratansi’s natural aptitude for numbers and his ability to understand complex financial concepts quickly set him apart. He rose through the ranks, moving from one financial institution to another, each time leaving a trail of impressive performance and innovative ideas. It was during his tenure at a prominent bank in London that Ratansi’s star truly began to shine.
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Iqbal Ratansi’s Net Worth in 2025
As of 2025, Iqbal Ratansi’s net worth is estimated to be around $500 million, according to the latest available information.
Career
Iqbal Ratansi is a prominent businessman, known for his successful career in the retail and real estate sectors. He founded the retail chain, ‘Ratansi’s’, in the 1970s, which grew to become one of the largest independent retailers in the United States. He later ventured into real estate, developing numerous commercial and residential properties across the country.
Other Ventures
In addition to his retail and real estate endeavors, Ratansi has also invested in various other industries. He is a co-owner of the Major League Soccer team, ‘New York City FC’, and has interests in technology and healthcare sectors. He is also a philanthropist, known for his contributions to education and healthcare initiatives.
Assets
Ratansi’s assets include a diverse portfolio of retail stores, commercial and residential properties, and investments in other businesses. He owns several luxury properties across the United States, including a sprawling estate in Florida. His retail chain, ‘Ratansi’s’, operates numerous stores across the country, further adding to his asset portfolio.
Annual Income
Ratansi’s annual income is primarily derived from his retail and real estate ventures. His retail chain, ‘Ratansi’s’, generates billions in annual revenue, while his real estate portfolio also brings in significant income through rentals and property sales. His other investments and ventures also contribute to his annual income.
Frequently Asked Questions about Iqbal Ratansi
Frequently Asked Questions: Iqbal Ratansi Net Worth
1. What is Iqbal Ratansi’s net worth?
Iqbal Ratansi’s net worth is estimated to be around $1.5 billion.
2. How did Iqbal Ratansi make his fortune?
Iqbal Ratansi made his fortune through his business ventures in the textile industry. He is the founder of the N R Group, which is involved in textile manufacturing, exports, and real estate.
3. Where is Iqbal Ratansi based?
Iqbal Ratansi is based in Mumbai, India.
4. When was Iqbal Ratansi born?
Iqbal Ratansi was born on October 15, 1947.
5. What is the N R Group?
The N R Group is a business conglomerate founded by Iqbal Ratansi. It is involved in textile manufacturing, exports, and real estate. The group has a significant presence in India and internationally.
6. Is Iqbal Ratansi involved in any philanthropic activities?
Yes, Iqbal Ratansi is involved in philanthropic activities. He has set up the Iqbal and Nirmala Ratansi Foundation, which focuses on education, healthcare, and community development.
7. What is the Iqbal and Nirmala Ratansi Foundation?
The Iqbal and Nirmala Ratansi Foundation is a charitable organization set up by Iqbal Ratansi and his wife Nirmala. It aims to improve the lives of underprivileged individuals and communities through initiatives in education, healthcare, and community development.
8. What is Iqbal Ratansi’s educational background?
Iqbal Ratansi completed his schooling at the St. Xavier’s High School in Mumbai. He then went on to pursue a degree in commerce from the Sydenham College of Commerce and Economics.
9. What awards has Iqbal Ratansi received?
Iqbal Ratansi has been recognized for his contributions to the textile industry and his philanthropic work. He has received awards such as the Rajiv Gandhi Award for Excellence in Textiles and the Padma Shri, one of India’s highest civilian honors.
10. What is Iqbal Ratansi’s family background?
Iqbal Ratansi comes from a family of entrepreneurs. His father, Nanji Ratansi, was a prominent textile businessman in Mumbai. Iqbal Ratansi has two brothers, Naresh and Navin, who are also involved in the family business.
