K. Anji Reddy Net Worth

K. Anji Reddy Net Worth

K. Anji Reddy net worth

Current Net Worth$1.5 Billion (USD – 150 Crores), (Rupees – 11.6 Thousand Crores)

K. Anji Reddy short biography

Net Worth$1.5 Billion
BornFebruary 1, 1939 – March 15, 2013 (Age – 74)
Identified asFounder & Chairman of Dr. Reddy’s Laboratories
StatusIndian Entrepreneur
EducationBombay University, Bachelor of Arts / Science
NationalityIndian
ResidenceAndhra Pradesh, India
Spousal statusMarried
Children2
K. Anji Reddy short biography

Kallam Anji Reddy had a net worth of $1.5 Billion (Rupees – 11,662 Crores), which was making him one of the richest men in India.

He was the founder & chairman of Dr. Reddy’s Laboratories, which he founded in 1984.

K. Anji Reddy, the son of a turmeric farmer, founded Dr. Reddy’s Laboratories, a $1.9 billion (revenues) generic pharmaceutical company that is now owned by his son and son-in-law.

In July, he missed the company’s annual shareholders’ meeting for the first time, fueling rumors about his impending retirement.

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K. Anji Reddy biography

Full NameKallam Anji Reddy
BirthplaceKarnataka, India
Height5.5 feet, 167 cm
Weight76 Kg
FatherN/A
MotherN/A
M. G. George Biography

K. Anji Reddy was born on 1 February 1939 and he was dead on March 15, 2013, aged 74 years old.

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Education

He then went on to receive a B.Sc. (Tech) in Pharmaceuticals and Fine Chemicals from the University of Mumbai’s Department of Chemical Technology (now the Institute of Chemical Technology, Mumbai), as well as a Ph.D. in chemical engineering from the National Chemical Laboratory in Pune in 1969.

Career

He was the chairman of Dr. Reddy’s Foundation (DRF), the group’s corporate social responsibility arm, which he founded in 1996.

In June, it established a cancer drug development relationship with Merck Serono, a subsidiary of Merck in Germany.

It also has a joint venture with Fujifilm Corporation to produce and distribute generic drugs in Japan, as well as a commercial partnership with GlaxoSmithKline.

Bristol Myers Squibb also sued the firm for allegedly infringing on a cancer drug patent.

Private & early life

He and other family members put the majority of their business stock into a family trust.

Awards

For his contributions to the Indian pharmaceutical industry, the Indian government awarded him the Padma Shri in 2001 and the Padma Bhushan in 2011. He served on the Prime Minister’s Council on Trade and Industry in India.

Death

On March 15, 2013, Reddy died of cancer at the Apollo Hospital in Hyderabad.

Net worth statistics

  • March 2010 – $1.0 B
  • March 2011 – $1.5 B
  • March 2012 – $1.4 B
  • March 2013 – $1.5 B

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