sidebar top ad banner
Cyrus Poonawalla
  • Net Worth : $25 Billion
    0.00%
    Real Time Net Worth as of 2024/02/27
  • Wealth Source : Vaccines
  • Industry : Healthcare
  • Date of Birth : 1941/05/10
  • Age : 82
  • Gender : Male
  • Citizenship : India

Grow your finances today.

By submitting, you agree to comparewise’s terms of use and privacy policy.
sidebar top ad banner
Cyrus Poonawalla
  • Net Worth : $25 Billion
    0.00%
  • Wealth Source : Vaccines
  • Industry : Healthcare
  • Date of Birth : 1941/05/10
  • Age : 82
  • Gender : Male
  • Citizenship : India

Cyrus Poonawalla Net Worth 2024

Year Net Worth

Cyrus Poonawalla’s net worth puts him in 5th place amongst Indian billionaires. He owns Serum Institute of India, the world’s largest vaccine-manufacturing company.

Cyrus Poonawalla’s net worth is $20.7 billion in 2023. He gained most of his wealth from owning the Serum Institute of India. Ponawalla founded this company in 1966, which recently recorded a $5 billion year in 2022.

Poonawalla is the son of a horse breeder. So it’s no surprise he owns stud farms and other properties in Pune and Mumbai.

If you want to know Cyrus Poonawalla and how he gets his money, continue reading this article and stick to the end.

Who is Cyrus Poonawalla?

Cyrus is the son of Soli Poonawalla, who is recognized as the pioneer of thoroughbred breeding in India. He got the idea to start a vaccine manufacturing company from a veterinarian at the family’s stud farm.

Cyrus began the business with $12,000, which he obtained by taking a business loan from his father and selling horses.

After its inception in 1966, the Serum Institute of India started by making therapeutic anti-tetanus. The company has produced many vaccines, including anti-tetanus, anti-diphtheria, serum for snake bites, and the Measles Vaccine M-Vac.

The Serum Institute of India also acquired accreditation from the WHO to export vaccines from India to other parts of the world.

Cyrus got married to his wife, Villo, who died in 2010 at age 67. They had a son together named Adar. Adar is now the chief executive officer of the Serum Institute, which invested $800 million to build a COVID-19 vaccine factory.

Cyrus also has two grandchildren, and he is currently 81 years old.

cyrus poonawalla net worth - comparewise

What is Cyrus Poonawalla’s net worth?

Knowing how Cyrus made his money can inspire you to start your own business and follow in his footsteps. If you are wondering how net worth is calculated, here is how you can do it.

You can calculate your net worth by taking the sum of your assets, like investments, cash, and houses, minus your liabilities, like credit debt. Calculating net worth is relatively easy when you use our net worth calculator.

In the case of Cyrus, he has a lot of assets. According to Forbs, Cyrus Poonawalla’s Net Worth is $20.7 billion in 2023. While he amassed most of his wealth from the Serum Institute of India, his other companies include:

  • Poonawalla Fincorp
  • Poonawalla Clean Energy
  • Poonawalla Aviation
  • Bilthoven Biologicals
  • Poonawalla Hospitality & Real Estate
  • Villoo Poonawalla Greenfield Farms

Conclusion

Cyrus Poonawalla’s net worth shows that he is the 68th wealthiest person in the world, with over $20 billion to his name. He has built a globally recognized company and a good reputation for himself. Cyrus’ hard work and dedication make his life worth emulating.

Discover Investment Opportunities

Make your money do more.

12 Results

Advertiser disclosure

Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

Young investors can trade stocks and ETFs, all for free.
Min Investment
$0
Target Return
Varied
Retire up to 30% wealthier with Questwealth Portfolio.
Min Investment
$1
Target Return
Varied
Get $20 CAD of BTC with promo code: COMPAREWISE
Min Investment
$100
Target Return
4-7%
Buy and sell gold, silver & platinum online at the best price.
Min Investment
$1
Target Return
Varied
Get up to $2,050 bonus: CASHBONUS2024
Min Investment
$0
Target Return
Varied
Flexibility with a great return.
Min Investment
$100
Target Return
5.20%
Get a $50 bonus when you sign up and deposit $250.
Min Investment
$50
Target Return
Varied
Buying and securing gold has never beeng more simple and affordable.
Min Investment
$1
Target Return
Varied
High return on a shorter term.
Min Investment
$500
Target Return
4.25%
Get a $100 welcome bonus, when you make your top-up*
Min Investment
$10
Target Return
Varied
A new passive income asset class, peer-to-peer lending.
Min Investment
$1
Target Return
Varied
Sign Up And Access 65+ Cryptocurrencies Instantly
Min Investment
$10
Target Return
Varied

FAQs about Cyrus Poonawalla net worth

How did Cyrus Poonawalla get rich?

Cyrus Poonawalla got rich from the Serum Institute of India, a vaccination production company he founded in 1966.

Who is the CEO of the Serum Institute of India?

The current CEO of the Serum Institute of India is Adar, the only son of Cyrus Poonawalla. He took over the company in 2011 after graduating from university.

How rich is Cyrus Poonawalla?

According to Forbs, Cyrus Poonawalla is the 4th richest man in India and the 68th in the world. Cyrus Poonawalla’s net worth is over $20.7 billion in 2023.

comparewise

December 27, 2023
Fact Checked
Categories:

Grow your finances today.

By submitting, you agree to comparewise’s terms of use and privacy policy.
Car loan?
Personal Loan?

Top deals await you just a short
application away!