Portrait of Pankaj Patel

Rank #384

Pankaj Patel

Net worth $9.2B

Pharmaceuticals · India

Born
Mar 19, 1953
Age
73
Source
Pharmaceuticals
Residence
Ahmedabad
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, Gujarat University; Master of Science, Gujarat University

Net worth over time

Biography

  • Indian pharma magnate Pankaj Patel controls listed company Zydus Lifesciences (formerly Cadila Healthcare), which was cofounded by his late father in 1952 to make vitamins.
  • A pharmacy grad, Patel joined the firm in 1976 and took charge in 1995 after a formal separation between the two founding families.
  • The $2.75 billion (revenue) pharmaceutical company is headquartered in Ahmedabad.
  • His son Sharvil Patel has been the company's managing director since 2017.
  • In August 2025, consumer arm Zydus Wellness acquired U.K.-based vitamins and minerals firm Comfort Click for about $325 million.
  • Patel chairs the board of governors of the Indian Institute of Management Ahmedabad and is chairman of the board of governors of the Institute of Management Udaipur.
  • Fellow billionaire Bhadresh Shah and Upasana Konidela, the granddaughter of healthcare billionaire Prathap Reddy, have board seats at Zydus Lifesciences.

Financial assets

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