India has 15 pharma billionaires in the top 100 and their net worth is over $85 billion

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India has 15 pharma billionaires in the top 100 and their net worth is over $85 billion
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  • Fifteen of India’s top 100 richest belonged to the pharmaceutical industry.
  • Their cumulative net worth of these pharma billionaires has doubled to ₹6,35,000 crore (over $90 billion) since 2018.
  • These pharma titans make up a tenth of the total net worth ($775 billion) of the top 100 richest people in India today.
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It may not be a surprise to many that drug makers made a hell lot of money during the pandemic. Fifteen of India’s top 100 richest people are from the pharmaceutical industry, as per the recently released ‘India’s Top 100 Richest’ list by Forbes.

India's pharma richest cumulatively added nearly $20 billion to their net worth in the span of one year. These top 15 of the pharma industry are now cumulatively worth $85 billion (₹6,35,000 crore) compared to $64 billion in 2020.

YearTotal net worth of pharma titans in top 100
2021$85 billion (₹6,35,000 crore)
2019$64 billion (₹4,78,371 crore, at current conversion rate)
2020$40 billion (₹2,99,000 crore, at current conversion rate)

These individuals, and in some cases families, make up a tenth of the total net worth ($775 billion) of the top 100 richest today.

These 15 people do not include Serum Institute of India’s Cyrus Poonawalla and Biocon’s Kiran Majumdar Shaw, who have a net worth of $19 billion and $3.9 billion respectively.

Mukesh Ambani, chairperson and managing director of Reliance Industries, has retained the top spot with a networth of $92.7 billion in 2021. He is followed by Gautam Adani with a net worth of $74.8 billion.
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SpotPeopleBusiness Net worth 2021Net worth in 2020Net worth in 2019
14Dilip ShanghviSun Pharmaceutical Industries$14.3 billion$9.5 billion$7.55 billion
19Murali DiviDivi's Laboratories$9.9 billion$6.5 billion$3.4 billion
25Sudhir & Samir MehtaTorrent Group$7.1 billion$5.9 billion$4.15 billion
27Hasmukh ChudgarIntas Pharmaceuticals$6.6 billion$5.4 billion$4.1billion
28Girdhari Lal Bawri, Rajendra Agarwal and Banwari Lal BawriMacleods Pharmaceuticals$6.5 billion$5 billionNA
32Pankaj PatelCadila Healthcare$6.2 billion $4.55 billion$2.8 billion
34Singh familyAlkem Laboratories$5.65 billion$4.3 billion$3.18 billion
37Ajay PiramalPiramal Enterprises$5.1 billion$2.89 billion$2.95 billion
43Leena TewariUSV$4.4 billion$3 billion$1.9 billion
51Yusuf HamiedCipla$3.91 billion$3.3 billion$1.8 billion
58Ramesh JunejaMankind Pharma$3.5 billion$2.65 billion$2.3 billion
69Reddy FamilyDr. Reddy's Laboratories$3.01 billion$3.25 billion$1.76 billion
75Gupta familyLupin$2.82 billion$3.2 billion$2.2 billion
90P.V. Ramprasad ReddyAurobindo Pharma$2.45 billion$2.9 billion$2.25 billion
94Dilip & Anand SuranaMicro Labs$2.25 billion$1.6 billionNA
Total$84.69 billion$63.89 billion$40 billion

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