Habil Khorakiwala
Habil Khorakiwala
Dinesh Krishnan
At a Glance
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Age72
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Earnings$ 1.25 Billion
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Source of earningsPharmaceuticals
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Marital StatusMarried
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Children3
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ResidenceMumbai
Forbes India Lists
#76 India Rich List 2014
#89 India Rich List Rank 2013
Profile
Sales at his pharma outfit Wockhardt were hit by a USFDA import ban on drugs made at two of the company's factories in Maharashtra and by import alerts issued by UK's health regulator. In fiscal year 2014, the company reported a 14 percent drop in revenues to $810 million while net profits nearly halved to $140 million. Despite setbacks, Wockhardt's shares are up by 50 percent in the past 11 months restoring his billionaire status.
