Dilip Shanghvi
#90

Dilip Shanghvi

India 70 years old Self-Made

Overview

Source of Wealth
Pharmaceuticals
Industry
Healthcare
Residence
Mumbai
Education
Calcutta University (Bachelor of Arts/Science)
Marital Status
Married
Children
2

Assets

  • Sun Pharma Advanced Research
    207,000,000 shares @ -
    -
    532872-IN
  • Sun Pharmaceutical Industries Ltd.
    1,263,100,000 shares @ -
    -
    524715-IN
  • Suzlon Energy Ltd.
    315,362,000 shares @ -
    -
    532667-IN

Biography

The son of a pharmaceuticals distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs.

The company is India's most valuable listed pharma outfit and gets two-thirds of its $6.1 billion annual revenue from overseas markets.

He grew Sun through a series of acquisitions, the biggest of which was the 2014 purchase of scandal-tainted rival Ranbaxy Laboratories for $4 billion.

Sun Pharma acquired U.S. skin cancer drug maker Checkpoint Therapeutics in May 2025 for $355 million.

In February 2025, his son Aalok was appointed as chief operating officer of Sun Pharma.

About

Photos of Shanghvi's family deity, Shrinathji, adorn Sun's factories and offices.

Shanghvi 's favorite cuisine is south Indian.

In 2023, Sun Pharma completed the $576 million acquisition of U.S.-based Concert Pharmaceuticals.