Name
Ajay Piramal
Ajay Piramal
Mumbai, India
Bachelor of Arts/Science, Bombay University | Master of Business Administration, Bombay University
India
pharmaceuticals
$4,100,000,000
436
#436 Billionaires 2019
#24 India's Richest 2018
Ajay Piramal chairs Piramal Enterprises, a company with interests in pharma, healthcare and financial services.Piramal started out in his family's textile business at age 22 in 1977 but went on to build a pharma empire through acquisitions.Piramal inked his biggest deal in 2010 when he sold his domestic formulations business to Abbott Labs for $3.8 billion.Piramal's wife Swati is vice-chairman while his daughter Nandini and son Anand have board seats. Piramal also chairs the Shriram Group, a non-banking financial conglomerate, in which his flagship has invested $680 million.
Piramal is a non-executive director of Tata Sons, the holding outfit of the Tata conglomerate. His son Anand got married to Mukesh Ambani's daughter, Isha, in December 2018. The wedding cost an estimated $100 million.
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