Stephen Saad Net Worth

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Stephen Saad, born in 1964 in Durban, South Africa, is the founder and CEO of Aspen Pharmacare, the largest pharmaceuticals maker in South Africa. Aspen Pharmacare is traded on the Johannesburg Stock Exchange and markets generic medicines in 150 countries. Saad became a millionaire at age 29 when he sold his share in the drug business Covan Zurich for $3 million. In October 2016, he was awarded the Entrepreneur of the Year award at the All Africa Business Leaders Awards gala.
Stephen Saad is a member of Healthcare

Age, Biography and Wiki

Birth Year	1964
Birth Place	Durban, South Africa, South Africa
Age	59 YEARS OLD
Residence	Durban, South Africa
Education	Durban High School
Alma mater	University of Natal
Occupation	Businessman

💰 Net worth: $1.2 Billion (2024)

Stephen Saad, a prominent figure in the healthcare industry in South Africa, is projected to have a net worth of $1.2 billion in 2024. With an impressive entrepreneurial journey, Saad's wealth is attributed to his successful leadership of one of the leading pharmaceutical companies in Africa. As the founder of Aspen Pharmacare, Saad has played a significant role in revolutionizing the healthcare landscape, making medications more accessible and affordable to patients across the continent. Through his strategic vision and innovative approach, Stephen Saad has not only garnered vast wealth but has also contributed to the advancement of healthcare in South Africa.

2013 $1 Billion

2014 $1.3 Billion

2015 $2.1 Billion

2017 $1.2 Billion

2018 $1.24 Billion

Biography/Timeline

1964

Stephen Bradley Saad was born in June 1964, and raised in Durban, South Africa. He attended the Durban High School in Durban. He graduated from the University of Natal, where he received a Bachelor of Commerce. He played rugby in Ireland and studied to become a chartered accountant.

1997

In 1997, together with Gus Attridge, he co-founded Aspen Pharmacare, a public company traded on the Johannesburg Stock Exchange. It has become the largest Producer of generic medicines on the African continent. He serves as its chief executive and Gus Attridge as its deputy chief executive, and serves on its board of Directors. In 2011, he was worth US$640 million, becoming one of Africa's 40 richest people. His stock portfolio went up 75% in 2013. He is now worth US$1.4 billion.

2014

Additionally, he chairs the Sharks, a rugby union club in Durban. He also sits on the board of trustees of his alma mater, the Durban High School. In 2014, he was awarded an honorary doctorate from Nelson Mandela Metropolitan University for the positive role of Aspen in the city of Port Elizabeth

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Tags 1964 births Living people People from Durban University of KwaZulu-Natal alumni South African people of Lebanese descent South African businesspeople South African billionaires Businesspeople in the pharmaceutical industry