Cyrus Poonawalla

$28.79B
as of 07/12/26

About Cyrus Poonawalla

Son of a horse breeder, Cyrus Poonawalla founded Serum Institute of India in 1966 and built it into the world's largest vaccine maker (by doses).

Headquartered in Pune city, close to Mumbai, Serum produces over 1.5 billion doses annually of a range of vaccines, including for measles, polio and flu.

Under his U.K.-educated son Adar, Serum's CEO, the company invested $800 million at the peak of the pandemic to build a new factory in Pune to make Covid-19 vaccines.

Poonawalla's assets include a majority stake in listed financial services firm Poonawalla Fincorp as well as a stake in The Ritz-Carlton hotel in Pune.

In 2023, his son Adar bought Aberconway House, a mansion in London's Mayfair, for 138 million pounds.

Personal stats

Citizenship

India

Source of wealth

Vaccines

Residence

Pune, India

Marital status

Widowed

Birth date

05/11/41 (age 85)

Number of children

1

Education

Bachelor of Arts/Science, Pune University; Doctorate, Pune University

Self-made

inherited and growing

Cyrus Poonawalla’s fortune is worth

480K

troy ounces of gold

443K

median U.S. household

288K

median U.S. income

0.576%

U.S. credit card volume

0.115%

GDP of the United States

0.085%

United States debt

Net worth history

Annual ranking

Did you know?

Serum's Covishield, the vaccine developed by AstraZeneca and Oxford University, was the most widely used in India during the pandemic.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 524372-IN

Orchid Chemicals & Pharmaceuticals Limited

BSE INDIA | 531349-IN

Panacea Biotec Limited

BSE INDIA | 524000-IN

Poonawalla Fincorp

Images © Forbes.com. All rights reserved.