He earned Rs 1141 crore in September 2024 after selling a 10-acre parcel in Mumbai.
Several Indian business persons try to expand their business empires by venturing into different spaces. Sometimes, the idea works and they become more rich. However, sometimes it doesn’t work at all. Many Indian billionaires have to declare their companies bankrupt and it doesn’t affect their ‘billionaire’ tag. One such person whose airline went bankrupt after being in the air for years is Nusli Wadia, the chairman of the Wadia Group. The 80-year-old’s loss-making budget airline Go First declared bankruptcy in 2023.
However, this didn’t affect his billionaire status as he still has USD 5 billion or Rs 43894 crore net worth, as per Forbes. His Wadia…