Dilip Shanghvi

$25.87B
as of 07/05/24

About Dilip Shanghvi

The son of a pharmaceuticals distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs.

The company is India's most valuable listed pharma outfit and gets two-thirds of its $5.3 billion annual revenue from overseas markets.

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.

In 2023, Sun Pharma completed the $576 million acquisition of U.S.-based Concert Pharmaceuticals.

Personal stats

Citizenship

India

Source of wealth

Pharmaceuticals

Residence

Mumbai, India

Marital status

Married

Birth date

10/01/55 (age 68)

Number of children

2

Education

Bachelor of Arts/Science, Calcutta University

Self-made

self-made

Dilip Shanghvi’s fortune is worth

431K

troy ounces of gold

398K

median U.S. household

259K

median U.S. income

0.517%

U.S. credit card volume

0.103%

GDP of the United States

0.076%

United States debt

Net worth history

Annual ranking

Did you know?

Photos of Shanghvi's family deity, Shrinathji, adorn Sun's factories and offices.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 532872-IN

Sun Pharma Advanced Research

BSE INDIA | 524715-IN

Sun Pharmaceutical Industries Ltd.

BSE INDIA | 532667-IN

Suzlon Energy Ltd.

Images © Forbes.com. All rights reserved.