Cyrus S. Poonawalla (born in 1941) is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India.[1][2] In 2022, he is ranked as the 4th richest person in India on Forbes India rich list with a net worth of $24.3 billion.[3] He is ranked number 1 on the Hurun Global Healthcare Rich List 2022.[4]
In October 2024, Poonawalla and his family were ranked ninth on Forbes list of India’s 100 richest tycoons, with a net worth of $24.5 billion.[5]
Early life and career
Cyrus Poonawalla was born in a Parsi (Zoroastrian) family.[6] He is the son of Soli Poonawala, who was a horse breeder.[1]
Poonawalla founded the Serum Institute of India in 1966 and built it into the largest vaccine manufacturer (by doses) in the world. Serum produces over 1.5 billion doses annually of a range of vaccines, including for measles, polio and flu.[7]
Personal life
Poonawalla was married to Villoo Poonawalla, who died in 2010.[8][9] They have a son, Adar, who currently works as the CEO of Serum Institute of India.[7] He has two grandchildren.
Awards
Padma Shri for his contribution to the field of medicine, by the Government of India in 2005.[10]
The Ernst & Young "Entrepreneur of the Year" in the category of Healthcare & Life Sciences in November 2007.[11]
The Ernst & Young Entrepreneur of the Year for India in February 2015.[11]
In May 2019, it was reported that Poonawalla, in partnership with Naum Koen, had proposed supplying Ukraine with 100 thousand doses of the measles vaccine for free vaccination.[23][24]