Pankaj Patel Net Worth

Pankaj-Patel-Net-Worth

Pankaj Patel net worth

Current Net Worth$4 Billion (USD – 400 Crores), (Rupees – 31.9 Thousand Crores)

Pankaj Patel short biography

Net Worth$4 Billion
BornMarch 16, 1953 (Age – 67)
Identified asChairman of Cadila Healthcare
StatusIndian billionaire businessman
EducationGujarat University, Bachelor of Arts/Science; Gujarat University, Master of Science
NationalityIndia
ResidenceAhmedabad, India
Spousal statusMarried
Children2
Pankaj Patel short biography

Pankaj Ramanbhai Patel has a net worth of $4 Billion (Rupees – 31,988 Crores), which is making him one of the top richest men in India.

He is a billionaire businessman from India and the president of India’s fifth-largest pharmaceutical firm, Cadila Healthcare.

He has a net worth of $5 billion, making him one of the Top 100 Richest men in India.

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Pankaj Patel biography

Full NamePankaj Ramanbhai Patel
BirthplaceBhadran, Gujarat, India
Height5.4 feet, 164 cm
Weight70 Kg
FatherRamanbhai Patel
MotherN/A
Pankaj Patel biography

Pankaj Patel was born on March 16, 1953.

Indian pharmaceutical magnate Pankaj Patel owns the Cadila Healthcare company, which was co-founded in 1952 by his late father to make vitamins.

A pharmacy graduate, Patel joined the company in 1976 and, after a formal split between the two founding families, took over in 1995.

In Ahmedabad district, the $2 billion (revenue) generics manufacturer Cadila is headquartered.

His uncle, Chervil, has been the Managing Director of Cadila since July 2017.

The company also sells medications such as Remdesivir from Gilead to treat Covid-19. Clinical trials are ongoing for the Covid-19 vaccine, ZyCoV-D.

Education

Patel holds a Bachelor in Pharmacy and a Master in Pharmacy degree from the University of Gujarat and a Bachelor of Arts degree from the University of Mumbai in Science and Law.

Career

He was Chairman of the Board of Governors of the Indian Institute of Science Education and Research, IISER, Kolkata, and the Indian Institute of Technology (IIT) Bhubaneswar in 2017.

He was also the Chairman of the Finance Committee of the Indian Institute of Management, Ahmedabad.

In recognition of the growth of Cadila under his leadership, Patel has been declared the’ Best Pharma Man 2003 by the Foundation of Indian Industry and Economists.

Patel projected at the time that by 2005, Zydus Cadila would become India’s third-largest pharmaceutical company.

However, the fortunes of the organization were flipped, and by 2005, Patel dropped out of the list of richest Indians.

Private & early life

He is married to the daughter of Dr. B D Patel, Priti Patel.

They’ve got two girls.

Dr. Sharvil Patel, their uncle, is Cadila Healthcare Ltd’s managing director and is married to Meha.

Their daughter Shivani is married to Dushyant D Patel’s uncle, Pranav D Patel.

In August 2012, Patel bought a Challenger-604 jet and Dinesh Patel, the president of Sintex Industries.

Net worth statistics

  • March 2011 – $2.6 B
  • March 2012 – $2.2 B
  • March 2013 – $2.1 B
  • March 2014 – $2.4 B
  • March 2015 – $3.9 B
  • March 2016 – $3.5 B
  • March 2017 – $5.2 B
  • March 2018 – $5.0 B
  • March 2019 – $3.6 B
  • April 2020 – $2.9 B
  • April 2021 – $5.0 B
  • April 2022 – $4.0 B

Pankaj Patel Quote

“During an economic slowdown, one needs to be cautious, but I think it’s equally important to not get sucked into the vortex of defensive thinking.”

– Pankaj Patel

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