Image of the day: Sun Pharma's Dilip Shanghvi the richest billionaire in global drug industry

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Image of the day: Sun Pharma's Dilip Shanghvi the richest billionaire in global drug industry

Image of the day: Sun Pharma's Dilip Shanghvi the richest billionaire in global drug industry

FP Archives • August 4, 2014, 11:10:36 IST

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According to Bloomberg’s Bliionaire Index, India’s Dilip Shanghvi tops the list of individuals with business interests in the healthcare sector.

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Image of the day: Sun Pharma's Dilip Shanghvi the richest billionaire in global drug industry

According to Bloomberg's Bliionaire Index, India's Dilip Shanghvi tops the list of individuals with business interests in the healthcare sector. Shanghvi, 58, is the founder, MD and largest shareholder of India's biggest drug manufacturer, Sun Pharmaceuticals. Shanghvi's net worth of $17.2 bn ranks him 45th in the global billionaire list. According to Bloomberg data, Shanghvi has about $100 mn in cash and $16.2 billion in equity assets. Earlier this year, his company agreed to buy Ranbaxy for $3.2 billion. The Bloomberg Index puts Hansjoerg Wyss ($13.8 bn) of Swiss medical device company Synthes second on the pharma list; third is Stefano Pessina ($9.4 bn),executive chairman of UK pharma firm Alliance Boots; fourth is Patrick Soon-Shiong ($8.5 bn) who made his billions selling two drug companies - APP Pharmaceuticals and Abraxis BioScience. Image: Reuters

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