Jeweller, Real Estate Developer, Film Equipment Supplier
As of 2025, Iqbal Ratansi is estimated to have a net worth of approximately ₹100 crore (around $12 million USD). His wealth stems from a diversified portfolio that includes a prominent jewelry business in Mumbai, real estate ventures, and investments in the entertainment industry. Ratansi's business acumen has led to the establishment of several companies, such as Stelmac Developers Private Limited, Blackstone Housing and Infrastructure Private Limited, Film Tools, Lights and Grip LLP, and Zahero Media and Internet Private Limited. His close association with Bollywood superstar Salman Khan, whom he supported financially during the actor's early career, further underscores his influential presence in the industry.
Provided financial assistance to Salman Khan during the actor's early career.
Co-founded Zahero Media and Internet Private Limited with his son Zaheer Iqbal during the COVID-19 pandemic.
His daughter, Sanam Ratansi, is a renowned celebrity stylist in Bollywood.