Subba Rao Jasti
$1.04B
as of 03/07/24
About Subba Rao Jasti
Patriarch Subba Rao Jasti's wealth comes from his stakes in listed Suven Pharmaceuticals and Suven Life Sciences as well as a November 2021 sale of shares to global private equity player Advent.
Suven was founded in 1989 by his son Venkateswarlu Jasti and went public in 1995.
The Hyderabad company was demerged in 2020 into Suven Pharmaceuticals, which does contract research and Suven Life Sciences, which focuses on neuroscience therapies.
In November, the Jastis sold the bulk of their stake in listed flagship Suven Pharma to global private equity player Advent International. They still retain a 10% holding.
Personal stats
Citizenship
IndiaSource of wealth
pharmaceuticalsResidence
Hyderabad, IndiaMarital status
MarriedBirth date
01/01/27 (age 97)Self-made
self-madeSubba Rao Jasti’s fortune is worth
17K
troy ounces of gold
16K
median U.S. household
10K
median U.S. income
0.021%
U.S. credit card volume
0.004%
GDP of the United States
0.003%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
His daughter-in-law Sudharani is a director on the board of Suven Life Sciences.
Net worth over time
Real-time ranking
Financial assets
BSE INDIA | 530239-IN
Suven Life SciencesBSE INDIA | 543064-IN
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