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Cyrus Poonawalla
Rank #70

Cyrus Poonawalla

$20793.6B

Pune, , India

Healthcare

Biography

Son of a horse breeder, Cyrus Poonawalla founded Serum Institute of India in 1966 and built it into the world's largest vaccine maker (by doses).

Serum produces over 1.5 billion doses annually of a range of vaccines, including for measles, polio and flu.

Under his U.K.-educated son Adar, Serum's CEO, the company invested $800 million to build a new factory to make Covid-19 vaccines.

Serum has multiple Covid-19 vaccine partnerships and produces Covishield, the vaccine developed by AstraZeneca and Oxford University.

Poonawalla's assets include a majority stake in listed financial services firm Poonawalla Fincorp.

Financial Assets

Orchid Chemicals & Pharmaceuticals Limited

BSE INDIA: 524372-IN

Shares: 45,800

Panacea Biotec Limited

BSE INDIA: 531349-IN

Shares: 8,900,000

Poonawalla Fincorp

BSE INDIA: 524000-IN

Shares: 470,400,000