Mustafa Hamied

$1.5B
as of 10/04/24

About Mustafa Hamied

Mustafa Hamied was the non-executive vice chairman of Mumbai generics maker Cipla until September 2024, when he resigned citing his age and health.

Cipla was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi.

After the patriarch passed away in 1972, Mustafa, a science graduate from Bombay University, inherited the business along with his older brother Yusuf Hamied, also a billionaire.

His daughter Samina, who was executive vice-chairperson of Cipla, stepped down in March 2024 but retains a board seat. His son Kamil was appointed to the board in September 2024.

Personal stats

Citizenship

India

Source of wealth

Pharmaceuticals

Residence

Mumbai, India

Marital status

Married

Birth date

10/23/40 (age 83)

Number of children

3

Self-made

inherited and growing

Mustafa Hamied’s fortune is worth

25K

troy ounces of gold

23K

median U.S. household

15K

median U.S. income

0.03%

U.S. credit card volume

0.006%

GDP of the United States

0.004%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 500087-IN

Cipla Ltd.

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