Murali Divi
REAL TIME NET WORTH — as of 5/8/17
$1.41 B
Indian pharma magnate Murali Divi founded generics maker Divi’s Laboratories 27 years ago in south India. Today, it is one of the world’s largest producers of Naproxen, the ingredient in a popular anti-inflammatory drug. Divi’s shares tumbled in December after an adverse inspection of its factory by the U.S.Food & Drug Administration. The company said it had filed a detailed response addressing the FDA’s concerns. A fitness fanatic, Divi does yoga every day and spends weekends at his organic farm.
Murali Divi Net Worth: Murali Divi is an Indian entrepreneur who has a net worth of $1.16 billion. One of the richest people in India today, Murali Divi worked at Dr. Reddy’s before establishing his Divis Laboratories, which deals with custom manufacturing of patented drugs for big pharmaceutical companies, and also it is making generics. Even though the company’s sales went up 15%, its margins were narrowed because of a power crisis in Andhra Pradesh state where lie its headquarters. A well-being and fitness devotee, he has started yoga center at Divi’s headquarters in Hyderabad.
Source:
1. forbes