Facts About Adi And Nadir Godrej, Owners Of Godrej Industries After Split

Adi Godrej, 82, is the chairman of the $5.7 billion revenue Godrej Group, a renowned consumer-goods giant established 127 years ago by lawyer Ardeshir Godrej, who transitioned from law to lock-making in 1897. The Godrej Group, known for its diverse business ventures, has announced the division of their conglomerate. In an ownership redistribution, the billion-dollar venture will now be split into two branches of the family.

Adi and Nadir Godrej will maintain control of Godrej Industries, which includes five listed firms. Their cousins Jamshyd Godrej and Smita Crishna will inherit Godrej & Boyce along with its affiliates and substantial real estate assets, including prime property in Mumbai. Adi Godrej’s leadership extends to other major group companies such as Godrej Consumer Products, chaired by his daughter Nisaba, and Godrej Properties, managed by his son Pirojsha.

He holds a Bachelor’s and a Master’s degree from the Massachusetts Institute of Technology (MIT) Sloan School of Management, where he is currently also a part of the Dean’s Advisory Council. Moreover, he is on the Board of Governors of the Narsee Monjee Institute of Management Studies, and on the Wharton Asian Executive Board. Adi Godrej is the Chairman of the Indian School of Business and has been President of the Confederation of Indian Industry.

He has a net worth of $3.8 billion, according to Forbes, and is also a patron of the Himalayan Club. He has been honoured with the Rajiv Gandhi Award in 2002 and the Padma Bhushan, the third-highest civilian award, in 2013. Nadir Godrej, 73, is the younger sibling of Adi Godrej.

He holds a one-fifth share in the assets of the Godrej Group and currently serves as the chairman and managing director of Godrej Industries. Additionally, Nadir Godrej chairs the agribusiness unit Godrej Agrovet and serves as a non-executive director for several companies, including Godrej & Boyce Co Ltd, Godrej Consumer Products Ltd, Indian Hotels Co Ltd, and Mahindra & Mahindra Ltd. He has been honoured with several awards and is also a poet, having authored two poetry collections.