The ninth richest billionaire in the country and the richest man in Pune, Cyrus Poonawalla is the owner of the Serum Institute of India, one of the largest private pharmaceutical enterprises in India, reported Forbes India . Dr.Cyrus Poonawalla, started out as the son of a horse breeder, and now is one of the wealthiest individuals in the country.
In 1966, he founded the Serum Institute of India, which is well-known for its critical work during the COVID-19 pandemic as one of the key vaccine manufacturers in the country. Also Read: Adar Poonawalla’s Rising Sun Holdings buys 1.75-lakh square feet office space in Pune for ₹ 395 crore The institute also produces 1.
5 billion doses of vaccines for polio, the flu and measles annually, reported GQ India . He received a Padma Bhushan, one of the highest civilian awards in the country in 2022, in recognition of his work in the creation and distribution of vaccines. Also Read: Adar Poonawala on buying stake in Dharma productions: ‘My friend Karan Johar.
..’ In fact, the SII holds the title of the world’s largest vaccine manufacturer for producing more vaccines than any other company globally.
The company is now headed by Cyrus's son Adar Poonawalla who has expanded the family's business further into various fields. According to the 2024 Hurun India Rich List, Cyrus Poonawalla as the chairman and managing director of the Cyrus Poonawalla Group, has accumulated wealth worth ₹ 2,89,900 crore, with the SII being worth ₹ 2,04,3.