Portrait of Venkateswarlu Jasti

Rank #2423

Venkateswarlu Jasti

Net worth $1.3B

Pharmaceuticals · India

Born
Jul 01, 1949
Age
76
Source
Pharmaceuticals
Residence
Hyderabad
Citizenship
India
Marital status
Children
0
Education

Net worth over time

Biography

  • Gets wealth from the sale of a substantial stake in listed Suven Pharmaceuticals in 2022 to global private equity firm Advent International.
  • He cofounded Suven Pharma with his wife Sudharani in 1989.
  • He is chairman and Chief Executive of Suven Life Sciences which he cofounded 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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