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Dilip Shanghvi
Rank #136

Dilip Shanghvi

$13376.1B

Mumbai, , India

Healthcare

Biography

The son of a pharmaceuticals distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs.

The company is India's most valuable listed pharma outfit and gets two-thirds of its $4.5 billion annual revenue from overseas markets.

He grew Sun through a series of acquisitions, the biggest of which was the 2014 purchase of scandal-tainted rival Ranbaxy Laboratories for $4 billion.

Autoparts billionaire Vivek Chaand Sehgal sits on Sun's board.

Financial Assets

Natco Pharma

BSE INDIA: 524816-IN

Shares: 0

Sun Pharma Advanced Research

BSE INDIA: 532872-IN

Shares: 173,300,000

Sun Pharmaceutical Industries Ltd.

BSE INDIA: 524715-IN

Shares: 1,237,000,000

Suzlon Energy Ltd.

BSE INDIA: 532667-IN

Shares: 1,380,000,000