Reddy Family
Reddy Family
At a Glance
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AgeNA
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Earnings$ 2.61 Billion
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Source of earningsPharmaceuticals
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Marital StatusNA
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ChildrenNA
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ResidenceHyderabad
Forbes India Lists
#33 India Rich List 2015
#41 India Rich List Rank 2014
#31 India Rich List Rank 2013
Profile
Fortune of pharma clan, which owns a 25% stake in generics maker Dr. Reddy's Laboratories, has jumped by more than a third in past year. Wealth is shared by late founder K. Anji Reddy's son, Satish Reddy, and son-in-law G.V. Prasad. The pharma major, which focuses on gastrointestinal, cardiovascular, diabetes, oncology, pain management and anti-infective drugs, acquired a portfolio of brands from Belgian pharma firm UCB for $129 million in April. In August it inked a research pact with Purdue University, Satish and Prasad's alma mater.
