In this blog, we are going to explore more in depth on Pankaj Patel net worth. He is an Indian businessman and a philanthropist, who serves as a chairman of Cadila Healthcare now Zydus Lifesciences Limited is one of the largest pharmaceutical companies operating in India. During his leadership, the company has progressed in healthcare with many achievements like India’s first home-made COVID-19 vaccine, ZyKoV-D.
Are you curious about Pankaj Patel Net Worth, it’s time to discuss it!
Journey of Pankaj Patel
Zydus Lifesciences is run by Pankaj Patel who is a successful Indian Businessman and the chairman of the organization particularly in the pharma Business. Patel had created great business fortunes from his business success making him among the richest persons in India. This can be propagated from his wealth whereby his leadership has been described as visionary and through Zydus’s influence across the world’s pharma markets.
Personal life & Education
Pankaj Patel was born in 1951 in Karamsad, Gujarat, India;. Ramanbhai B. Pate was his father and he grew up in the autopositional Patel family.
In his college days he was a prominent organizer of Rashtriya Vidyarthi Parishad and an militant leader of Navnirman Andolan.Patel has a Bachelor of Pharmacy and Master of Pharmacy degrees from L.M. College of Pharmacy, Gujarat University, an academic in Bachelor of Arts Science and Law from the University of Mumbai.
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Marital Life
Pankaj Patel is married to Priti Patel, daughter of Dr. B D Patel. They have two children, Dr. Sharvil Patel, who is the managing director of Cadila Healthcare Ltd., and Shivani, who is married to Pranav D Patel.
The Career Milestones of Pankaj Patel
Under the lead of young expert Pankaj Patel, who is also the son of the founder of the Cadila Laboratories, it has been revolutionized after he joined the company in 1976 and took it to new heights as it was started by his father Ramanbhai B. Patel in 1952. After the company split in 1995, Patel formed the Zydus Group, which was especially focused on Research and Development. During his tenure, Zydus Lifesciences ranked fifth largest drug manufacturing company of India operating in 70 countries.
Some of the remarkable successes of the joint venture include; Lipaglyn which is the first Indian drug that targets high-cholesterol diabetics and VaxiFlu-S; India’s first H1N1. He also launched the Sugar Free and Everyuth brands and tied up with Germany’s Pieris Pharmaceuticals. The efficiency provided by his concept also got the generic version of Shire PLC’s ulcer drug Lialda patented in the U.S. establishing a global network of Zydus. And, he is also the chairman of Zydus Hospitals, which is a leading chain of hospitals in Gujarat.
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Pankaj Patel Personal Details
| Attribute | Details |
| Name | Pankaj Ramanbhai Patel |
| Born | March 16, 1953 |
| Birth Place | Karamsad, Gujarat, India |
| Age | 71 years |
| Nationality | Indian |
| Education | Bachelor of Pharmacy and Master of Pharmacy from L.M. College of Pharmacy, Gujarat University; Bachelor of Arts in Science and Law from the University of Mumbai. |
| Profession | Businessman, Chairman of Zydus Lifesciences |
| Net Worth | Approximately $10.2 billion (as of 2024) |
| Spouse | Priti Patel |
| Children | Sharvil Patel and Shivani Patel |
| Parents | Ramanbhai Patel (father) |
The Evolution of Zydus, A Company’s Journey
Though the journey of Zydus Lifesciences Limited was started in 1952 with its foundation by its first-generation entrepreneur Ramanbhai B. Patel, it is now one of the largest pharmaceutical companies of India situated in Ahmedabad. It is the fourth largest in the Indian pharmaceutical sector catering customers with products ranging from generics to biosimilars and wellness products. More so, in the year Zydus released the world’s first biosimilar for Adalimumab known as Exemptia, they have promising products in pipeline for biologics and vaccines. Zydus has a presence in more than 70 countries making it the fifth-largest pharma company in India It looks forward to creating new products and services as it goes on diversification in regulated and emerging markets around the globe.
The Companies Behind Pankaj Patel’s Success
These are the major companies behind Pankaj Patel success:
- Zydus Lifesciences
- Cadila Healthcare
- Zydus Hospitals
- Zydus Wellness
- Zydus Cadila
Pankaj Patel Net Worth
It’s time to breakdown Pankaj Patel Net Worth
| Net Worth | $10.2 billion |
| Monthly income | ₹12 lakh |
| Annual income | ₹1 lakh |
| Rank in India | 24 |
In October 2024, Patel was ranked 24th on the Forbes list of India’s 100 richest tycoons, with a net worth of $10.2 billion. However, it is mentioned that his salary as the Chairman of Zydus Lifesciences is approximately ₹12 lakh annually, which translates to about ₹1 lakh per month
Recognitions and Achievements of Pankaj Patel
| Year | Award/Achievement |
| 2003 | Best Pharma Man of the Year awarded by the Foundation of Indian Industry and Economists. |
| 2004 | Pharma Man of the Year by the Federation of Indian Industry and Economists for contributions to the pharma industry. |
| 2010 | Padma Bhushan, one of India’s highest civilian awards, presented by the Government of India. |
| 2013 | India Innovator Award at the India Business Leaders Awards instituted by CNBC. |
| 2014 | Ernst & Young Entrepreneur of the Year Award in the Life Sciences category. |
| 2015 | Acharya PC Ray Memorial Gold Medal Award for significant contributions to the pharmaceutical field. |
| 2015 | Eminent Pharmacist Award for outstanding contributions to pharmacy and healthcare. |
| 2020 | Recognized in the First Pharma 40 list of the world’s most influential people in healthcare by World Pharmaceutical Frontiers. |
| 2021 | Leadership in Drug Discovery and Development Award from the South Asian Chapter of the American College of Clinical Pharmacology. |
Conclusion
The net worth of Pankaj Patel is a testament of his strategic skills, efforts and above all the revolutionized Zydus Lifesciences. He is among the most prominent Indian talents and his riches are a symbol of successful accomplishment in the pharmaceuticals sector, let alone he has been involved in various charitable activities. India’s Patel’s success story remains an example of why future generations of business leaders should embrace innovation and leadership in the economy and society.
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FAQ’s of Pankaj Patel Net worth, Monthly Income & Personal Life
Pankaj Patel is an Indian businessman, philanthropist, and chairman of Zydus Lifesciences Limited (formerly Cadila Healthcare), one of the largest pharmaceutical companies in India.
As of 2024, Pankaj Patel net worth is estimated to be $10.2 billion, ranking him 24th on Forbes’ list of India’s 100 richest individuals.
Under his leadership, Zydus developed India’s first homegrown COVID-19 vaccine (ZyKoV-D) and other innovations like Lipaglyn and VaxiFlu-S.
He has received several accolades, including the Padma Bhushan (2010), India Innovator Award (2013), and Ernst & Young Entrepreneur of the Year Award in Life Sciences (2014).
Zydus Lifesciences was founded in 1952 by Ramanbhai Patel. Pankaj Patel joined in 1976, and in 1995, he formed the Zydus Group, focusing on research and development.
He holds a Bachelor of Pharmacy and Master of Pharmacy from L.M. College of Pharmacy, Gujarat University, and a Bachelor of Arts in Science and Law from the University of Mumbai.
Pankaj Patel is married to Priti Patel, and they have two children, Dr. Sharvil Patel (Managing Director of Zydus Lifesciences) and Shivani Patel.
Pankaj Patel is the chairman of Zydus Hospitals, a leading hospital chain in Gujarat, India.
Zydus has launched products like Exemptia (world’s first biosimilar for Adalimumab) and established a global presence in over 70 countries.
Pankaj Patel supports healthcare and educational initiatives through various charitable activities and his leadership in Zydus Hospitals.
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