Rank #2927
Subbamma Jasti
Net worth $1.3B
Pharmaceuticals · India
- Born
- Jul 01, 1933
- Age
- 92
- Source
- Pharmaceuticals
- Residence
- Hyderabad
- Citizenship
- India
- Marital status
- Widowed
- Children
- 0
- Education
Net worth over time
Biography
- Subbamma Jasti inherited the assets of her husband Subba Rao Jasti, who died in 2023.
- The biggest chunk of her inheritance is derived from the sale of a substantial stake in listed Suven Pharmaceuticals in 2022 to global private equity firm Advent International.
- Jasti's son Venkateswarlu Jasti cofounded Suven Pharmaceuticals in 1989.
- The Hyderabad company was demerged in 2020 when Suven Life Sciences, which focuses on neuroscience therapies, was spun off and listed separately.
- Her son Venkateswarlu Jasti ran a chain six of community pharmacies in the states of New York and New Jersey in the U.S. in the 1970s and 1980s.
Financial assets
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