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Cyrus Poonawalla – Billionaire

Cyrus S. Poonawalla
Dr. Cyrus Poonawalla.jpg
Born Cyrus S. Poonawalla
Residence Pune, India
Alma mater Brihan Maharashtra College of Commerce
Years active 1966–present
Organization Serum Institute of India
Known for Founder of Serum Institute of India, Horse Racing, Cars
Net worth Increase US$8.6 Billion (July 2016)
Spouse(s) Villoo Poonawalla (30 sep 1943-9 june 2010(66))
Children Adar Poonawalla (son)
Awards Padma Shri in 2005
Website cyruspoonawalla.com

Cyrus S. Poonawalla is an Indian businessman, the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures paediatric vaccines.

Vaccine billionaire Cyrus Ponawalla, who set up Serum Institute of India 50 years ago, gained on rising revenue and profit at the privately owned firm, which son, Adar, helps him run. Serum reported a record profit of $360 million on revenue of $695 million for the year ended March 2016. Poonawalla is investing $150 million in a factory to make a range of new vaccines, including for dengue, pneumonia and diarrhea. Adar featured among FORBES ASIA’s Heroes of Philanthropy this year for donating $15 million to cleaning up Pune city, where the family resides. [null More »]

Education and career

As per Forbes July 2016 rankings, Poonawalla’s net worth is $8.6 billion and is ranked #10th richest person in India and #129th richest person in the world. He did his schooling from The Bishop’s School in Pune, and later graduated from Brihan Maharashtra College of Commerce, University of Pune, in 1966.

Awards

He was awarded the Padma Shri for his contribution to the field of medicine, by the Government of India in 2005.

Source:wikipedia

 

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