Yusuf Hamied & family (2024)

About Yusuf Hamied & family

  • Yusuf Hamied is the non-executive chairman of $2.8 billion (revenue) generics maker Cipla.
  • The company was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi.
  • When the patriarch passed away in 1972, the Cambridge-educated Hamied and his brother Mustafa inherited the business.
  • Hamied took on big pharmaceutical companies, offering low-cost generic drugs for diseases such as AIDS, earning the label of drug pirate.
  • At the annual shareholders' meeting in August 2023, Hamied called reports of a potential stake sale in Cipla by the family to a private equity firm as "speculative."

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

#51

India's Richest (2023)

Personal Stats

Age
87
Source of Wealth
pharmaceuticals
Residence
Mumbai, India
Citizenship
India
Marital Status
Married
Education
Master of Science, Cambridge University; Ph.D, Cambridge University

Did you know

His niece Samina Hamied is Cipla's executive vice chairperson.

Music conductor Zubin Mehta is Hamied's childhood pal.

In Their Own Words

I've done more humanitarian work than Bill Gates and Warren Buffett put together.

Yusuf Hamied & family

Related People & Companies

Yusuf Hamied

Related by financial asset: Cipla Ltd.

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Mustafa Hamied

Related by financial asset: Cipla Ltd.

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India

Citizen of India

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Martine Rothblatt

Related by origin of wealth: pharmaceuticals

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Yusuf Hamied & family (2024)
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