2Dilip Shanghvi – $18 Billion
This year, Dilip Shanghvi overcame Lakshmi Mittal of which we’ve already talked about at No. 4. He becomes the second richest man in India, although last year he was No. 3.
He is the founder of India’s most valuable drug company, Sun Pharmaceutical Industries.
When he started Sun Pharmaceuticals in 1983, he only had five psychiatry products. In 1997, he wanted to expand Sun’s reach in the United States, so he acquired Caraco Pharma, a loss-making American company.
And it all worked out very well, as Sun Pharmaceutical Industries is now largest drug maker and most valuable drug company in India.
At this moment, his net worth is estimated to $18 Billion.
