Pankaj Patel Net Worth $2.1 Billion
Pharma tycoon Pankaj Patel comes with an estimated net worth of $2.1 billion as of March 2013 according to Forbe’s Billionaires List. He is likewise the 25th richest person in India. He could be the current Chairman and Managing Director of the business co-founded by his father in 1952. Now, it sells vaccine and Sugar-Free, the most notable selling sugar substitute in India. It’s a marketing venture with Bayer Healthcare for India. Cadillac Healthcare got another Indian pharmaceutical company called German Remedies in 2001. The organization signed an agreement to acquire 100% position in Quimica e Farmaceutica Nikkho do Brazil Ltda or Nikkho on June 25, 2007 for an estimated $65 million. In 2010, the company received a prestigious Wellcome Trust Award underneath the new “R&D for Affordable Healthcare in India” initiative. He also holds a BA in Science and Law from the University of Mumbai. In 2003, he was named the “Best Pharma Man of the Year” from the Foundation of Indian Industry and Economics in acknowledgement of the firm’s growth under his leadership.