Cyrus Poonawalla, Pune-based chairperson is the managing director and chairperson of the Serum Institute of India (SII). He is well-known for his contributions to the development of vaccines in India and is the primary beneficiary of the company's rising sales and earnings.
As per the Hurun list, he continues to be the third richest Indian. His fortune has increased dramatically, reaching Rs 2.78 lakh crore, a 36% rise.
As the head of the Serum Institute of India during the COVID-19 pandemic, Dr. Cyrus Poonawalla, who was 82 years old, played an important role in the large-scale manufacturing of the Covishield vaccine. In addition to highlighting his crucial position in the pharmaceutical industry, his major contributions to global vaccination campaigns also earned him the Padma Bhushan award in 2022, which recognised his exceptional service in the field.
Adar Poonawalla, his son, leads the business as CEO. The Serum Institute holds the esteemed distinction of being the biggest vaccine producer globally. Remarkably, the Serum Institute maintains the renowned distinction of being the biggest vaccine producer globally.
He cannot use the residence because of a legal dispute about the ownership of the property.
Poonawalla is the son of a horse breeder, according to Forbes. In 1966, he established the Serum Institute of India. The company produces around 1.5 billion doses annually. These doses protect against measles, polio, and the flu.
Additionally, he owns a large portion of the listed financial services company Poonawalla Fincorp. The main reason for Cyrus Poonawalla's recent rise in riches is the extensive usage of the Covid-19 vaccines that the SII created.
Cyrus Poonawalla graduated from Pune University with a bachelor's degree. Later on, the same university awarded him a PhD. The University of Oxford in the United Kingdom awarded him an honorary degree.
Soli Poonawala was the name of his horse-breeding father. 2010 saw the passing of Villoo Poonwalla, his wife.
The daughter-in-law of Cyrus Poonawallah International fashion icon and businesswoman Natasha Poonawala.
According to Forbes, his net worth is 20.9 billion dollars. This is around Rs 1,66, 500 crore.
