Mustafa Hamied
$1.2B
Born
Oct 23, 1940
Age
85
Source of Wealth
Pharmaceuticals
Residence
Mumbai,
Citizenship
India
Marital Status
Married
Children
3
Education
- Mustafa Hamied was the non-executive vice chairman of Mumbai generics maker Cipla until September 2024, when he resigned citing his age and health.
- Cipla was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi.
- After the patriarch passed away in 1972, Mustafa, a science graduate from Bombay University, inherited the business along with his older brother Yusuf Hamied, also a billionaire.
- His daughter Samina, who was executive vice-chairperson of Cipla, stepped down in March 2024 but retains a board seat. His son Kamil was appointed to the board in September 2024.
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