K. Anji Reddy & family
Health care

K. Anji Reddy & family Net Worth

6 months ago

K. Anji Reddy, born in 1939 in India to a turmeric farmer, founded the generic drug company Dr. Reddy's Laboratories, now run by his son and son-in-law. The company has formed partnerships with Merck Serono, GlaxoSmithKline, and Fujifilm Corp. to develop and sell generic drugs. Recently, Bristol Myers Squibb sued the company for an alleged patent infringement of a cancer drug. Reddy and other family members have transferred the bulk of their stake in the company to a family trust, and Reddy skipped the company's annual shareholders' meeting last July, sparking speculation about his retirement.
K. Anji Reddy & family is a member of Health care

Age, Biography and Wiki

Birth Day February 01, 1939
Birth Place India
Age 81 YEARS OLD
Died On 15 March 2013 (aged 74)\nHyderabad, Andhra Pradesh(present Telangana), India
Birth Sign Pisces
Cause of death Liver cancer
Alma mater Institute of Chemical Technology, Mumbai National Chemical Laboratory, Pune
Occupation Former Chairman, Dr. Reddy's Laboratories
Known for Dr. Reddy's Laboratories
Relatives Kallam Satish Reddy (son) G. V. Prasad (son-in-law)

💰 Net worth: $1.5 Billion (2024)

K. Anji Reddy and his family have made significant contributions in the healthcare sector in India. With an estimated net worth of $1.5 billion in 2024, they have established themselves as pioneers in the industry. Their wealth is a reflection of their successful ventures and innovative approach towards improving healthcare services in the country. Anji Reddy's family has played a critical role in transforming the healthcare landscape, making quality and affordable healthcare accessible to millions of people. Their dedication and commitment have earned them a reputation as leaders in the healthcare sector in India.

2010 $1 Billion
2011 $1.5 Billion
2012 $1.4 Billion
2013 $1.5 Billion
2018 $1.5 Billion

Biography/Timeline

1958

After graduating from Annapotanna Bold High School, Reddy received his first Bachelor of Science degree from A.C. College at Guntur in 1958. He then earned his B.Sc.(Tech) in Pharmaceuticals and Fine chemicals from the University Department of Chemical Technology of University of Mumbai (now Institute of Chemical Technology, Mumbai), followed by a PhD in chemical engineering from the National Chemical Laboratory, Pune in 1969.

2013

Reddy died of cancer on 15 March 2013 at the Apollo Hospital in Hyderabad. He is survived by his wife, son and daughter.

Some K. Anji Reddy & family images

Tags 2013 deaths 1940 births Indian billionaires Indian biotechnologists Businesspeople from Andhra Pradesh Indian businesspeople in the pharmaceutical industry People from Guntur district Recipients of the Padma Shri in trade and industry University of Mumbai alumni Recipients of the Padma Bhushan in trade and industry 20th-century Indian biologists

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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.