Malvinder & Shivinder Singh

Malvinder & Shivinder Singh
Malvinder & Shivinder Singh
Vikas Khot
At a Glance
  • Age
    43 (Malvinder), 41 (Shivinder)
  • Earnings
    $ 1.38 Billion
  • Source of earnings
    Health care
  • Marital Status
    Married (Both)
  • Children
    3 (Malvinder), 4 (Shivinder)
  • Residence

Forbes India Lists

#92 India Rich List 2016

#63 India Rich List Rank 2015
#37 India Rich List Rank 2014
#26 India Rich List Rank 2013

Brothers faced setback when a Singapore arbitration court imposed a $390 million fine on them for allegedly suppressing and misrepresenting facts when they sold their pharma firm, Ranbaxy Laboratories, to Japan's Daiichi Sankyo 8 years ago. The Singhs denied any wrongdoing and are contesting the ruling in both Singapore and India. Their hospital chain, Fortis Healthcare, which Malvinder runs as executive chairman, is demerging its diagnostics business. The brothers rejoined the board of financial firm Religare Enterprises in a nonexecutive capacity in July after a 6-year gap. Shivinder retired from business last year to work for a spiritual organization.

India Rich List 2016

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