Dilip Shanghvi

Dilip Shanghvi's net worth of $16.3 billion positions him ninth among the richest people in India in 2022. His father handed him $200 in 1983 to launch Sun Pharma, a psychiatric medicine manufacturer. He founded Sun Pharmaceuticals, a generic manufacturer with $4.5 billion in revenue for the fiscal year ending March 31, 2021, which was founded by him. The Mumbai-based company has over 30,000 employees and provides services in over 150 countries.

The Indian government awarded him the civilian distinction of Padma Shri in 2016. In 2017, he was ranked eighth on India Today's list of the country's most powerful people. The corporation is India's most valuable listed pharmaceutical company, with an annual revenue of $4.5 billion. Dilip Shanghvi grew Sun through a succession of acquisitions, the most significant of which was the $4 billion purchase of Ranbaxy Laboratories, a scandal-plagued competitor, in 2014.

Net worth: $16.3 Billion

Source of wealth: Pharmaceuticals

City: Mumbai