Ajay Piramal Net Worth 2024

Ajay Piramal Net Worth

Ajay Piramal, born on August 03, 1955 in Mumbai, India, is the chairman of Piramal Enterprises, a company with interests in pharma, healthcare and financial services. He started out in his family's textile business in 1977 and has since built a pharma empire through acquisitions, most notably selling his domestic formulations business to Abbott Labs for $3.8 billion in 2010. His wife Swati is vice-chairman while his daughter Nandini and son Anand have board seats.
Ajay Piramal is a member of Health care

Age, Biography and Wiki

Birth Day	August 03, 1955
Birth Place	Mumbai, India, India
Ajay Piramal age	67 YEARS OLD
Birth Sign	Virgo
Residence	Mumbai, Maharashtra, India
Alma mater	Jai Hind College Jamnalal Bajaj Institute of Management Studies Harvard Business School
Occupation	Chairman of Piramal Group & Shriram Group
Spouse(s)	Swati Piramal
Children	Anand Piramal Nandini Piramal

💰 Net worth: $3 Billion (2024)

Ajay Piramal, a renowned figure in the healthcare industry in India, is projected to have a net worth of $3 billion by 2024. Piramal has made significant contributions to the health sector, demonstrating his commitment to improving healthcare accessibility in the country. Through his leadership in various pharmaceutical and healthcare companies, Piramal has played a pivotal role in introducing innovative solutions and expanding the reach of medical services to a larger population. With his vast experience and business acumen, Ajay Piramal continues to shape the healthcare landscape in India, making it more inclusive and technologically advanced.

2010 $1 Billion

2011 $1.4 Billion

2012 $1.4 Billion

2013 $1.6 Billion

2014 $1.45 Billion

2015 $2 Billion

2016 $1.8 Billion

2017 $3.7 Billion

2018 $4.43 Billion

Famous Quotes:

If it happens, it's good; but if it didn't happen, it's still good.

Awards and nominations:

Piramal holds B.Sc. (Hons.) degree from Jai Hind College, Bombay University. Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies and Advanced Management Programme from Harvard Business School, USA.

Biography/Timeline

1988

In 1988, he bought Nicholas Laboratories, an Australian multinational corporation. The company, which then competed with the likes of Pfizer and Glaxo, is now ranked fifth among the top 10 pharma companies in India, having made a string of overseas acquisitions like the Indian subsidiaries of Roche, Boehringer Mannheim, Rhone Poulenc, ICI and Hoechst Research Centre. India`s first major shopping mall, Crossroads was developed from three redundant Piramal factory buildings in Mumbai.

2014

Ajay Piramal led Piramal Enterprises Ltd agreed to buy a 5.5% stake in Vodafone India for Rs. 30.07 billion ($618 million), taking the total stake of the cash-rich drug manufacturer in the mobile Telecom firm to 11%. In April 2014, Piramal Enterprises Ltd sold its 11% stake for Rs. 8,900 crore, at a 51.78% premium to the price the company had paid in 2011-12.

2018

In his spare time, Piramal likes to indulge in his passion for wildlife photography. He has also co-authored 'Light has come to me', a book about management lessons inspired from The Bhagwad Gita, published by the Times Group. He has also written a dance opera, ‘The Dance of Life’, which premiered in Mumbai in 2004, with stories inspired by the history of Indian science starring Mrinalini Sarabhai and Mallika Sarabhai.

2019

Piramal wears several hats. Besides being on the board of Piramal Enterprises Ltd, Piramal Phytocare Ltd, and Piramal Glass Ltd, he is the Chairman of the Board of Governors of The Indian Institute of Technology, Indore. He is also a strategic member of the Board of Dean’s Advisors at the Harvard Business School in Boston.

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