Portrait of Satish Reddy

Rank #2583

Satish Reddy

Net worth $1.5B

Pharmaceuticals · India

Born
Jun 09, 1967
Age
58
Source
Pharmaceuticals
Residence
Hyderabad
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, Osmania University; Master of Science, Purdue University

Net worth over time

Biography

  • Satish Reddy is the chairman of listed pharma company Dr Reddy's Laboratories, in which he has a minority stake.
  • The company was founded by his late father K.Anji Reddy in 1984.
  • Reddy's brother-in-law G.V.Prasad, who is also a billionaire, is the co-chairman and managing director of the company.
  • In December 2023 it rolled out Nerivio, a wearable therapy device to treat migraines.
  • He is a member of the board of governors at the Indian Institute of Management in Visakhapatnam.
  • His father was the son of a turmeric farmer and founded the company with seed money of $45,000 to make pharma ingredients and generics.

Financial assets

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