Yusuf Hamied

About Yusuf Hamied

Birth Day: July 25, 1936
Birth Place: Mumbai, India, India
Birth Sign: Leo
Residence: Mumbai, India
Alma mater: Christ's College, Cambridge
Title: Former chairman, Cipla
Successor: M. K. Hamied
Spouse(s): Farida
Children: none
Parent(s): Khwaja Abdul Hamied
Awards: Padma Bhushan

Yusuf Hamied Net Worth

Yusuf Hamied was bornon July 25, 1936 in Mumbai, India, India. Yusuf Hamied is the non-executive chairman of $2 billion (revenue) generics maker Cipla, known for its portfolio of affordable generic drugs, such as for HIV/AIDS. The company appointed a new CEO and named Hamied's niece Samina Vaziralli as executive vice chairman last September. Cipla is expanding overseas, notably in South Africa, where it is building a new $90 million plant to make biosimilar drugs in Durban. Cipla was also one of a group of companies that successfully bid for drugs divested by Israel's Teva Pharmaceuticals. He inherited the company in 1972 from his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi, who founded Cipla in Mumbai in 1935 with the aim of making India self-sufficient in essential medicines.
Yusuf Hamied is a member of Health care

💰 Net worth: $1.53 Billion (Updated at 22 June 2018)

2010 $2 Billion
2011 $1.1 Billion
2012 $1.1 Billion
2013 $1.2 Billion
2014 $1.1 Billion
2015 $1.8 Billion
2016 $1.3 Billion
2017 $1.5 Billion
2018 $1.54 Billion

Some Yusuf Hamied images

Famous Quotes:

Dr. Yusuf K. Hamied, chairman of the Indian drug giant Cipla Ltd., electrified the global health community a decade ago when he said he could produce cocktails of AIDS medicines for $1 per day — a fraction of the price charged by branded pharmaceutical companies. That price has since fallen to 20 cents per day, and more than six million people in the developing world now receive treatment, up from little more than 2,000 in 2001.

Awards and nominations:

He was awarded the Padma Bhushan, India's third highest civilian honour by Government of India in 2005.

Hamied was awarded the 'CNN-IBN Indian of the Year' in the category of business by CNN-IBN in 2012 "for taking on multinational pharma companies and making some of the essential drugs more affordable to the masses in the developing countries. In late 2013, he was also named one of the India's "25 Greatest Global Living Legends" by news broadcaster NDTV. He was also recently interviewed for the Creating Emerging Markets project at the Harvard Business School, discussing at length his strategies to provide AIDS treatments and other drugs to help treat poor people in the developing world.

Biography/Timeline

2005

He was awarded the Padma Bhushan, India's third highest civilian honour by Government of India in 2005.

2009

In 2009 the Yusuf Hamied Centre was opened at Christ's College, Cambridge. The centre features a bronze portrait bust of Hamied by fellow Christ's College alumnus, Anthony Smith.

2011

In September 2011, in a piece about how he was trying to radically lower costs of biotech drugs for cancer, diabetes and other noncommunicable diseases, The New York Times wrote of Hamied:

2012

Hamied was awarded the 'CNN-IBN Indian of the Year' in the category of Business by CNN-IBN in 2012 "for taking on multinational pharma companies and making some of the essential drugs more affordable to the masses in the developing countries. In late 2013, he was also named one of the India's "25 Greatest Global Living Legends" by news broadcaster NDTV. He was also recently interviewed for the Creating Emerging Markets project at the Harvard Business School, discussing at length his strategies to provide AIDS treatments and other drugs to help treat poor people in the developing world.

2013

Hamied's role in the battle for mass antiretroviral treatment in Africa is portrayed in the documentary Fire in the Blood (2013 film). In its review of the film, India Today noted that "the story of Yusuf Hamied will make every Indian proud as he was the only man who decided to walk against the tide and sell drugs to save lives without focusing on profits."

2016

As of January 2016, Yusuf Hamied has a net worth of US$1.45 billion.