Between luxury cars and thriving businesses — Adar Poonawalla’s net worth is impressive, to say the least. The CEO of the Serum Institute of India (SII) recently made headlines for acquiring a 50 percent stake in Karan Johar’s Dharma Productions — which has only added to his wealth. Here’s looking at the businessman’s assets and more.
On the exclusive list of the richest people in India — the Poonawallas have had quite the stronghold. In fact, the ‘vaccine king’ Cyrus Poonawalla — with a fortune of USD 24.2 billion (INR 203,470 crores approx.
) — finds himself in the top ten, as of 2024, according to Forbes India . His wealth grew over the course of the pandemic — courtesy of the Serum Institute of India (SII) — which tied up with AstraZeneca to produce inoculants against COVID-19. Naturally, his son Adar Poonawalla — who is currently the company’s CEO — also benefited from this.
Add to this, his one-of-a-kind assets and large-scale investments — and it’s no surprise that he boasts quite a fortune. Most recently, this included an investment of INR 1,000 crore into Bollywood producer-director Karan Johar’s Dharma Productions and Dharmatic Entertainment. Through this, he has 50 percent ownership in the company.
“I am delighted to have the opportunity to partner with one of the most iconic production houses in our nation, along with my friend Karan Johar,” the businessman was quoted saying by The Hindu . “We hope to build and grow Dharm.
