Desh Bandhu Gupta
Health care

Desh Bandhu Gupta Net Worth

Desh Bandhu Gupta was a chemistry professor from Rajasthan who moved to Mumbai to work for a multinational pharmaceutical firm. In 1968, he used his wife's savings to purchase a small vitamin company, which he used to focus on making drugs to treat tuberculosis. This company, Lupin, grew to become India's second largest generics firm and was listed on the Bombay stock exchange. In 2013, Gupta passed control of Lupin to his two U.S-educated children, Vinita and Nilesh. Under their leadership, Lupin has expanded its global footprint, particularly in Japan. Gupta passed away in 2017 at the age of 79, leaving behind his wife and five children.
Desh Bandhu Gupta is a member of Health care

Age, Biography and Wiki

Birth Day February 08, 1938
Birth Place India
Age 82 YEARS OLD
Died On 26 June 2017(2017-06-26) (aged 79)\nMumbai, India
Birth Sign Pisces
Residence Mumbai, India
Citizenship Indian
Alma mater Bombay University
Occupation Businessman
Years active 1968–2017
Organization Lupin Limited
Known for Founder and chairman, Lupin Limited
Children 5, including Vinita D. Gupta and Nilesh Gupta
Website www.lupinworld.com

💰 Net worth: $4.7 Billion (2024)

Desh Bandhu Gupta, also known as the prominent healthcare figure in India, has amassed an estimated net worth of $4.7 billion in 2024. Recognized for his remarkable contributions to the healthcare sector, Gupta has established himself as a visionary leader and has played a pivotal role in revolutionizing medical services in the country. As the founder and chairman of a renowned pharmaceutical company, his achievements in the field have propelled him to the pinnacle of success. Gupta's immense wealth is a testament to his relentless dedication and unwavering commitment to improving access to quality healthcare in India.

2010 $1.5 Billion
2011 $2.1 Billion
2012 $2.1 Billion
2013 $2.4 Billion
2014 $3.2 Billion
2015 $5.8 Billion
2016 $5.5 Billion
2017 $4.7 Billion
2018 $4.7 Billion

Biography/Timeline

1938

Gupta was born on 30 November 1938 in Rajgarh, Alwar, Rajasthan, and received a master's degree in chemistry from Bombay University. He was eldest of the five siblings.

1968

Gupta started his career as an associate professor at the Birla Institute of Technology and Science, Pilani, Rajasthan. He quit teaching and decided to be an Entrepreneur as he was "not able to implement ideas into practice". he came to Bombay (now Mumbai) and worked in a small British pharmaceutical Manufacturing company. He founded Lupin in 1968 with a start-up capital of 5000 borrowing the money from his wife. The first office of Lupin was rented premises in Central Mumbai used for dispatching medicines. Later, with a loan from Central Bank of India of 8 lakh, it started a factory whose major order was to provide iron and folic acid tablets to the Government of India programmes related to mother and child Health care. Under his leadership, Lupin became a global pharmaceutical company whose consolidated turnover was 110,866 million (equivalent to 130 billion or US$1.9 billion in 2017) and profit after tax was 18,364 million (equivalent to 21 billion or US$320 million in 2017) at the end of March 2014.

1988

Gupta set up the Lupin Human Welfare & Research Foundation (LHWRF) in October 1988. LHWRF was set up with the objective of creating a reproducible and evolving model for sustainable rural development with a simple goal of uplifting families living below the poverty line in rural India.

2009

Gupta received a Lifetime Achievement Award during the Pharma Leadership Summit 2009. He was also the recipient of the Ernst and Young Entrepreneur of the Year 2011 – Visionary Leader award.

2015

In 2015, Forbes estimated Gupta's net worth at $7.2 billion, making him the 254th richest person in the world.

Some Desh Bandhu Gupta images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.