Cyrus S. Poonawalla

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Cyrus S. Poonawalla
The Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley felicitating Dr. Cyrus Poonawalla, at the Iranshah Udvada Utsav, in Udvada, Gujarat on December 27, 2015.jpg
Poonawalla in 2015 (2nd from right)
Born1941 (1941) (age 83)
NationalityIndian
Education Brihan Maharashtra College of Commerce
Occupation(s)Businessman, owner of Bilthoven Biologicals, Serum Institute of India, Poonawalla Fincorp
Years active1966 – present
Known forFounder of Serum Institute of India and owner of Poonawalla Group of Companies
Spouse
Villoo Poonawalla
(died 2010)
Children Adar Poonawalla
Awards Padma Shri (2005), Padma Bhushan Ribbon.svg Padma Bhushan (2022)
Website cyruspoonawalla.com

Cyrus S. Poonawalla (born in 1941) is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India. [1] [2] In 2022, he is ranked as the 4th richest person in India on Forbes India rich list with a net worth of $24.3 billion. [3] He is ranked number 1 on the Hurun Global Healthcare Rich List 2022. [4]

Contents

In October 2024, Poonawalla and his family were ranked ninth on Forbes list of India’s 100 richest tycoons, with a net worth of $24.5 billion. [5]

As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Cyrus Poonawalla ranked #90 with a net worth of $21.3 Billion. [6]

Early life and career

Cyrus Poonawalla was born in a Parsi (Zoroastrian) family. [7] He is the son of Soli Poonawala, who was a horse breeder. [1]

Poonawalla founded the Serum Institute of India in 1966 and built it into the largest vaccine manufacturer (by doses) in the world. Serum produces over 1.5 billion doses annually of a range of vaccines, including for measles, polio and flu. [8]

Personal life

Poonawalla was married to Villoo Poonawalla, who died in 2010. [9] [10] They have a son, Adar, who currently works as the CEO of Serum Institute of India. [8] He has two grandchildren.

Awards

Philanthropy

In May 2019, it was reported that Poonawalla, in partnership with Naum Koen, had proposed supplying Ukraine with 100 thousand doses of the measles vaccine for free vaccination. [24] [25]

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