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
IndiaSource of wealth
PharmaceuticalsResidence
Mumbai, IndiaMarital status
MarriedBirth date
10/23/40 (age 83)Number of children
3Self-made
inherited and growingMustafa 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
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