Chirayu Amin
Chirayu Amin
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At a Glance
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Age68
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Earnings$ 1.22 Billion
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Source of earningsPharmaceuticals
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Marital StatusMarried
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Children3
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ResidenceVadodara
Forbes India Lists
#93 India Rich List 2015
Profile
Makes debut after shares of his Alembic Pharmaceuticals rose 55% in past 12 months, spurred by increased revenues and profitability. The maker of generic drugs, which gets more than half its $330 million sales from the domestic market, has popular cough syrup Glycodin in its portfolio. It's now aiming to launch about 30 products in the U.S. over the next 3 years. It acquired a 49% stake in Adwiya Mami, an Algerian drugmaker, in October. The Alembic Group was set up by his grandfather in 1907 to make tinctures and alcohol. Amin is the brother-in-law of Harsh Mariwala (No. 35).
He was head of the controversial Indian Premier League for 17 months after its founder Lalit Modi was sacked in 2010.
