Yusuf Hamied

$3.15B

$65.2M (-2%)

as of 10/04/24

About Yusuf Hamied

Yusuf Hamied is the non-executive chairman of Mumbai-based generics maker Cipla.

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

After the patriarch passed away in 1972, Cambridge-educated Hamied and his brother Mustafa inherited the business.

Hamied took on big pharmaceutical companies, offering low-cost generic drugs for diseases such as AIDS, earning the label of drug pirate.

At the annual shareholders' meeting in August 2023, Hamied called reports of a potential stake sale in Cipla by the family to a private equity firm as "speculative."

Personal stats

Citizenship

India

Source of wealth

Pharmaceuticals

Residence

Mumbai, India

Marital status

Married

Birth date

07/26/36 (age 88)

Education

Doctorate, University of Cambridge

Self-made

inherited and growing

Yusuf Hamied’s fortune is worth

53K

troy ounces of gold

48K

median U.S. household

32K

median U.S. income

0.063%

U.S. credit card volume

0.013%

GDP of the United States

0.009%

United States debt

Net worth history

Annual ranking

Did you know?

His niece Samina Hamied was Cipla's executive vice-chairman until March 2024.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 500087-IN

Cipla Ltd.