Rank #3121
Mustafa Hamied
Net worth $1.2B
Pharmaceuticals · India
- Born
- Oct 23, 1940
- Age
- 85
- Source
- Pharmaceuticals
- Residence
- Mumbai
- Citizenship
- India
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- 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. His son Kamil was appointed to the board in September 2024.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|