Cyrus S. Poonawalla | |
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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 | 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 |
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 »]
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.
He was awarded the Padma Shri for his contribution to the field of medicine, by the Government of India in 2005.