Dilip Shanghvi

Dilip Shanghvi
Dilip Shanghvi
Vikas Khot
At a Glance
  • Age
  • Earnings
    $ 18 Billion
  • Source of earnings
  • Marital Status
  • Children
  • Residence

Forbes India Lists

#2 India Rich List 2015

#2 India Rich List Rank 2014
#3 India Rich List Rank 2013

Pharma magnate's wealth has flatlined as Sun Pharmaceutical Industries reported a 46% drop in net profits to $72 million in a recent quarter due to merger costs linked to its $4 billion acquisition of rival Ranbaxy Laboratories. But Sun remains India's most valuable drug company (recent market cap: $30.5 billion). Shanghvi personally paid $270 million for a 23% stake in struggling wind-power firm Suzlon Energy in February, causing shares to temporarily jump.
The normally reticent tycoon recently commented that inflation was eroding India's competitive advantage.

India Rich List 2015

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