Ajay Piramal

$3.47B
as of 10/04/24

About Ajay Piramal

Ajay 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.

In November 2020, Piramal sold his glass manufacturer Piramal Glass to private equity firm Blackstone for $1 billion.

In 2022, Piramal demerged the pharma and financial services businesses of his flagship Piramal Enterprises. Piramal Pharma was listed in October 2022.

Piramal's wife Swati is vice-chairman while his daughter Nandini and son Anand have board seats.

Personal stats

Citizenship

India

Source of wealth

Pharmaceuticals

Residence

Mumbai, India

Marital status

Married

Birth date

08/03/55 (age 69)

Number of children

2

Education

Bachelor of Arts/Science, University of Mumbai; Master of Business Administration, University of Mumbai

Self-made

inherited and growing

Ajay Piramal’s fortune is worth

58K

troy ounces of gold

53K

median U.S. household

35K

median U.S. income

0.069%

U.S. credit card volume

0.014%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

Piramal Alternatives, Piramal Group's fund management business, invested 2,500 million rupees in electric bus maker, PMI Electro Mobility Solutions, in October 2023.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 500302-IN

Piramal Enterprises

BSE INDIA | 543635-IN

Piramal Pharma

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