Name
Dilip Shanghvi
Dilip Shanghvi
Mumbai, India
Bachelor of Arts/Science, Calcutta University
India
pharmaceuticals, Self Made
$7,900,000,000
191
#191 Billionaires 2019
#2 India's Richest 2016
The son of a pharmaceuticals distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharma in 1983 to make psychiatric drugs.The company is the world's fourth largest speciality generics maker and India's most valuable pharma outfit with March 2018 revenues of $3.6 billion.He grew Sun through a series of acquisitions, the biggest of which was the 2014 purchase of scandal-tainted rival Ranbaxy Laboratories for $4 billion.His fortune was hit when Sun's shares fell in January 2019 after a whistleblower reported alleged corporate governance lapses to the market regulator.
Photos of Shanghvi's family deity, Shrinathji, adorn Sun's factories and offices.Shanghvi 's favorite cuisine is south Indian.
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