Yusuf Hamied

Yusuf Hamied
Yusuf Hamied
Dinesh Krishnan
At a Glance
  • Age
  • Earnings
    $ 2.6 Billion
  • Source of earnings
  • Marital Status
  • Children
  • Residence

Forbes India Lists

#44 India Rich List 2016

#28 India Rich List Rank 2015
#28 India Rich List Rank 2014
#28 India Rich List Rank 2013

Wealth of nonexecutive chairman of $2 billion (revenue) generics maker Cipla took a hit as a cut in drug prices by the government impacted domestic revenue, causing shares to fall. The company appointed a new CEO and named Hamied's niece Samina Vaziralli as executive vice chairman in September. Cipla is expanding overseas, notably in South Africa, where a new $90 million plant to make biosimilar drugs will be built in Durban. Cipla is also one of a group of companies that successfully bid for drugs divested by Israel's Teva Pharmaceutical.

India Rich List 2016

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