- According to forbes list 2016 Dilip Shanghvi is second richest person in India with net worth of 16.7 billion dollar. Showing currently at Declined to $13.3 Billion in beginning of February 2017 due to fall of shares. $13.3 Billion equals about 88977 crore in Indian rupee as on 10 February 2017. Dilip Shanghvi is Co-Founder OF Sun Pharma. Sun Pharmaceuticals is currently number one pharmaceutical company in India.
- Dilip shanghvi had an relatively humble background. His father was a drug distributor in kolkata, and earlier he helped in his father business.
- He got his initial investment from his father and started Sun Pharmaceutical in 1982 in Vapi in Gujarat with just five products for psychiatry and one employee.
- Within 15 years of starting Sun pharmaceuticals he was selling his drugs to about 24-25 countries. Shanghvi’s believe in his acquisition strategy has yielded him great fruits. Some major acquisitions are Caraco Pharmaceutical Laboratories, Taro Pharma and Ranbaxy .
- In 1997, Sun Pharma made its first international acquisition of the loss-making USA based Caraco Pharmaceutical Laboratories. Sun acquired Israel’s Taro Pharma in 2007. In April 2014, Sun Pharma acquired Ranbaxy for $4 billion (Rs25,237 crore) and became biggest pharma company in India and fifth largest in world.
- Aalok is the son of DIlip Shanghvi and was born in the year 1988. He started his career back in 2007 when he joined the Sun Pharmaceuticals as a Product Manager. He is a graduate from the University of Michigan in Molecular Biology Along with a friend, he started PV Powertech Pvt. Ltd, which is a solar panel making company. Sanghvi’s daughter is also working with company.
Name : Dilip Shanghvi
Birthday : 1 October 1955
Place of birth : Amreli, Gujarat, India
Education : B.Com from University of calcutta
Married to Vibha, and the has two children: Aalok and Vidhi
2011 – CNN-IBN Indian of the Year in Business
2016 – Padma Shri