Cyrus Poonawalla
$20.3B
Born
May 11, 1941
Age
84
Source of Wealth
Vaccines
Residence
Pune,
Citizenship
India
Marital Status
Widowed
Children
1
Education
Bachelor of Arts/Science, Pune University; Doctorate, Pune University
- Son of a horse breeder, Cyrus Poonawalla founded Serum Institute of India in 1966 and built it into the world's largest vaccine maker (by doses).
- Headquartered in Pune city, close to Mumbai, Serum produces over 1.5 billion doses annually of a range of vaccines, including for measles, polio and flu.
- Under his U.K.-educated son Adar, Serum's CEO, the company invested $800 million at the peak of the pandemic to build a new factory in Pune to make Covid-19 vaccines.
- Poonawalla's assets include a majority stake in listed financial services firm Poonawalla Fincorp as well as a stake in The Ritz-Carlton hotel in Pune.
- In 2023, his son Adar bought Aberconway House, a mansion in London's Mayfair, for 138 million pounds.
- Son Adar, featured in Forbes Asia's Heroes of Philanthropy list, is one of the brand ambassadors for the government's 'Clean India' mission.
- Poonawalla has an honorary Doctor of Science degree from the University of Oxford, which is constructing the Cyrus Poonawalla Vaccines Research Building.
- Serum's Covishield, the vaccine developed by AstraZeneca and Oxford University, was the most widely used in India during the pandemic.
- In 2022, Poonawalla was conferred the Padma Bhushan, one of India's highest civilian honors.
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