Pankaj Patel, 71, has a net worth of $9.7 billion. He has made his wealth from pharmaceutical. He owns controlling shares of Zydus Lifesciences which was previously known as Cadila Healthcare. The company was co-founded by his father for the purpose of making vitamins.
Zydus Lifesciences is the 5th largest pharmaceutical company in India with operations in 70 countries globally. The company is well known for developing breakthrough in drugs for diabetes (Lipaglyn) in 2013 and H1N1 vaccines named VaxiFlu-s.
Patel graduated with a degree in Pharmacy and joined the company in 1976 and was put in charge by 1995 after the two founding families separated. Later he earned a Master of Science from Gujarat University.
The company which manufactures generics has a revenue of $2.1 billion and has its headquarters in Ahmedabad.
Patel owns a total of four companies including: Pieris Pharmaceuticals, Zydus Hospitals, Cadila Healthcare Ltd and Zydus Lifesciences.
Pankaj Patel Car collections
Just like other billionaires, Pankaj Patel is an auto connoisseurs. He loves super cars for their luxury and convenience.
Patel drives a Mercedes SLK-230 convertible, Rolls Royce Phantom, Mercedes S-430, BMW 7 Series and Toyota Lexus GS-300.
Private Jet
In Aug 2012 he acquired a Challenger-604 private jet with Dinesh Patel.
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