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HURUN GLOBAL PHARMACEUTICAL RICH LIST 2017

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Hurun Report today released the Hurun Pharmaceutical Global Rich List - a ranking of the billionaires in the pharmaceutical sector found in the world.

 

PRESS RELEASE HURUN PHARMACEUTICAL GLOBAL RICH LIST 2017

 

 

DILIP SHANGHVI (60), THE RICHEST PHARMA BILLIONAIRE

 

HURUN REPORT FINDS 109 PHARMACEUTICAL BILLIONAIRES

 

BASEL IS THE HEADQUARTER CITY TO THE MOST NUMBER OF PHARMA COMPANIES IN THE HURUN GLOBAL RICH LIST 2017

 

MASSIMILIANA LANDINI ALEOTTI (73) OF MENARINI, THE RICHEST WOMAN PHARMACEUTICAL BILLIONAIRE

 

ALL PHARMA BILLIONAIRES ARE ACTIVE IN THEIR BUSINESS

 

74 SELFMADE AND 35 INHERITED THEIR WEALTH

 

WITH 37 INDIVIDUALS, CHINA DOMINATES THE LIST FOLLOWED BY INDIA (20) AND SWITZERLAND (16)

 

70% OF PHARMA BILLIONAIRES DERIVE THEIR WEALTH FROM LISTED ENTITIES

 

18 BILLIONAIRES FROM THE PHARMA SECTOR DEBUTED HURUN GLOBAL RICH LIST 2017. BOENJAMIN SETIAWAN & FAMILY (83) OF MOTRA KELUARGA FROM INDONESIA IS THE RICHEST NEW ENTRANT

 

11 IMMIGRANTS. 5 TO SWITZERLAND, 4 TO USA

 

LEADING AUTHORITY ON ASIA’S WEALTH RELEASES HURUN GLOBAL PHARMACEUTICAL RICH LIST 2017

 

 

(12 September 2017, Shanghai, China) Hurun Report today released the Hurun Pharmaceutical Global Rich List - a ranking of the billionaires in the pharmaceutical sector found in the world. This is the first year of the ranking and is a sublist of the Hurun Global Rich List, released on 7 March.

 

The Hurun Pharmaceutical Global Rich List 2017 ranked 109 Pharmaceutical billionaires

 

·         Dilip Shangvi of Sun Pharma is the richest pharmaceutical billionaire, followed by Stefano Pessina of Walgreen and Cyrus Poonawalla of Serum

·         Among self-made billionaires, Dilip Shangvi tops the list followed by Cyrus Poonawalla.

·         Basel with 10 billionaires is the preferred city followed by Mumbai and Beijing with 8 and 6 billionaires respectively.

·         The Average age of the Pharma billionaires is 63 years

 

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said, “Surprisingly, China has the most healthcare billionaires in the world. Surprising, because there are almost no Chinese companies amongst the world’s biggest pharma.”

 

 

Table 1: Top 10 Hurun Pharmaceutical Billionaires Global Rich List 2017


 Name

Net Worth  (US$Bn)

Main Company

Age

 Country of Residence

Top 6

Dilip Shanghvi

7~14

Sun Pharma

60

India

Top 6

Stefano Pessina

7~14

Walgreen

75

Monaco

Top 6

Cyrus Poonawalla

7~14

Serum

75

India

Top 6

Massimiliana Landini Aleotti   & family

7~14

Menarini

73

Italy

Top 6

Patrick Soon-Shiong

7~14

Nant Works

64

USA

Top 6

Ernesto Bertarelli & family

7~14

Serono

51

Switzerland

Top 10

Barry Sherman

4~7

Apotex Pharma

74

Canada

Top 10

Ludwig Merckle

4~7

Heidelberg Cement

52

Germany

Top 10

Sun Piaoyang & Zhong   Huijuan

4~7

Hengrui Medicine, Haosen   Medicine

59

China

Top 10

Zhao Tao

4~7

Buchang

51

China

Source: Hurun Research Institute 2017

 

Dilip Shanghvi, 60, the pharma billionaire in India, tops the list. The founder and MD of Sun Pharmaceuticals started his pharma company with just five products and five people. Sun pharma is the largest chronic prescription company in India and offers formulations in diverse therapeutic areas, such as psychiatry, neurology, gastroenterology, cardiology and diabetology.

 

Stefano Pessina, 75, is the Executive Vice Chairman and Chief Executive Officer of Walgreens. He comes second in pharmaceutical billionaire in the list.  Pessina joined his family’s business of pharmaceuticals in the year 1977. He bought other small pharmaceutical businesses and also modified the business structure and strategy.  He has been the driving force behind the merger of Walgreens and Alliance Boots, creating the first global pharmacy-led, health and wellbeing enterprise. 

 

Cyrus Poonawalla, 75, is the chairperson of the Poonawalla Group, which includes Serum Institute of India is one of India's top Biotech Company and one of the world’s largest vaccine producing company. The third top billionaire of the Pharmaceutical sector is a qualified doctor with a degree in anti-toxins before he parlayed his expertise into expanding the now hugely successful 350-acre stud farm started by his late father on the outskirts of Pune in 1946. Serum introduced the DTP vaccine, which protects children from diphtheria, tetanus and pertussis, followed by an anti-snake-venom serum for snakebites in 1981. He was the sole representative of India at the International Federation of Horseracing Authorities (IFHA).

 

Massimiliana Landini Aleotti & family, 73, is the wealthiest woman billionaire in Italy. Landini is the wife of the late Alberto Aleotti who passed away in 2014 at the age of 91. Following the death of her husband, Landini and her three children (Benedetta, Lucia, and Alberto Giovanni) were passed on the ownership of the pharmaceutical powerhouse Menarini which is considered one of Italy’s major drug firms with a total of 14 manufacturing plants and 16,000 workers worldwide.

 

Patrick Soon-Shiong, 64, is a surgeon, professor, researcher, entrepreneur, businessman, and philanthropist. Dr. Soon-Shiong performed the world’s first encapsulated human islet transplant, the first engineered islet cell transplant and the first pig to man islet cell transplant in diabetic patients. He invented and developed Abraxane, the nation’s first FDA-approved protein nanoparticle albumin-bound delivery technology for the treatment of cancer.

 

Ernesto Bertarelli & family, 51. The billionaire gained fame from his discovery of a natural hormone used in the treatment of female infertility. Shifting of the company's focus from pharmaceuticals to biotechnology, has helped in increasing the revenues from $809 million in 1996 to $2.8 billion in 2006.

 

Barry Sherman,74, the Chief Executive Officer and Chairman of Apotex Pharma, is one of the richest billionaire in Canada. Apotex pharma is Canada's largest pharmaceutical company, which sells more than 300 generic drugs in 120 countries.

 

Ludwig Merckle, 52, is the only heir to his father’s company the Merckle Group.  Ludwig Merckle started working on the company soon after he complteted his graduation.

 

Sun Piaoyang & Zhong Huijuan, 59 is the head of Jiangsu Hengrui Medicine, as well as an academician.  He owns a stake of 22% in Jiangsu Medicine whose drugs for cancer and tumor treatment has ranked one in terms of sales in China in the last seven years

 

Zhao Tao, 51, is the chairman of Shandong Buchang Pharmaceuticals, which makes traditional Chinese medicine to fight cardiovascular disease.

 

 

Where they live.

 

By country, China tops the list with 37 billionaires, followed by India with 20 billionaires and Switzerland with 16 billionaires. 9 new billionaires from China entered into the list. Sun Piaoyang & Zhong Huijuan is the richest billionaire from pharma sector in China.

 

Table 2: Pharmaceutical Billionaires by Country


Country

No of Billionaires

Richest Billionaire

Net Worth  (US$bn)

1

China

37

Sun Piaoyang &   Zhong Huijuan

4~7

2

India

20

Dilip Shanghvi

7~14

3

Switzerland

16

Ernesto Bertarelli   & family

7~14

4

USA

10

Patrick Soon-Shiong

7~14

5

Germany

5

Ludwig Merckle

4~7

Source: Hurun Research Institute 2017

 

Where they live

 

By city, Basel leads with 10 billionaires, followed by Mumbai with 8 billionaires and Beijing with 6 billionaires. Among the 10 billionaires in Basel, 50% are women. The average wealth contributed by the pharmaceutical billionaires from Basel is US$2.4bn. Roche family is the richest billionaire from pharma sector in Basel.

 

Table 3: Pharmaceutical Billionaires by City


City

No of Billionaires

Richest Billionaire

Net Worth  (US$bn)

1

Basel

10

Roche family

>14

2

Mumbai

8

Dilip Shanghvi

7~14

3

Beijing

6

Zhao Tao

4~7

4

Shenzhen

5

Ye Chenghai & Liao Qingqing

2~4

5

Ahmedabad

4

Pankaj Patel

4~7

5

Hyderabad

4

PV Ramaprasad Reddy

2~4

Source: Hurun Research Institute 2017 * Wealth split amongst 9 family member

 

 

Top 10 Pharmaceuticals Self Made Billionaire

68% of 109 billionaires from pharmaceutical sector are self-made billionaires. Dilip Shangvi of Sun Pharma tops the list with US$14Bn, followed by Serum owner Cyrus Poonawala and Patrick Soon-Shiong with wealth US$11bn and US$9.4bn respectively.

 

Table 5: Top 10 Pharmaceutical Self Made Billionaires


 Name

Main Company

Net Worth  (US$Bn)

Age

 1

Dilip Shanghvi

Sun Pharma

7~14

60

 2

Cyrus Poonawalla

Serum

7~14

75

 3

Patrick Soon-Shiong

Nant Works

7~14

64

 4

Barry Sherman

Apotex Pharma

4~7

74

 5

Sun Piaoyang & Zhong   Huijuan

Hengrui Medicine, Haosen   Medicine

4~7

59

 6

Zhao Tao

Buchang

4~7

51

 7

Ma Xingtian & family

Kangmei

4~7

48

 8

Desh Bandhu Gupta

Lupin

4~7

78

 9

Wolfgang Marguerre

Octapharma

4~7

75

 10

Hoang Kieu

RAAS Blood Products

4~7

72

Source: Hurun Research Institute 2017

 

 

Table 6: Self-Made Score Card and Percentage of Pharmaceutical billionaires and top countries

Self-Made  Scorecard

% of Pharmaceutical billionaires

Top Countries (with %. of Pharmaceutical  billionaires)

Example

5

35%

1. China (95%)

Self-made without   parental financial support eg: Sun Piaoyang & Zhong Huijuan

2. USA (5%)

4

33%

1. India (33%)

Self-made, but with   a helping hand from parents such as through private education eg; Dilip   Shanghvi

2 USA (19%)

3. Germany (11%)

3

24%

1. India (31%)

Inherited financial   independence, but grew it big time eg: Stefano Pessina

2. Switzerland (23%)

3. Italy (15%)

2

8%

Switzerland (89%)

Inherited, but   active in the business eg:

Catherine   Oeri

UK (11%)

1

0%

NONE

Inherited and not   actively involved in the business

Source: Hurun Research Institute 2017

 

 

Interesting Facts

 

·         Dilip Shangvi has acquired over sixteen companies under him which includes Ranbaxy, Carco Pharma, and Taro Pharma. He worked as a drug distributor before deciding to make and sell his own drugs.

 

·         Dr Cyrus Poonawalla joined his family business of horse racing and breeding after completing his graduation in 1966 from University of Pune. The “Poonawalla Stud Farms” which was initially started by his late father and is now managed by him and his younger brother Zavaray. Dr. Poonawalla also has a passion for collecting fleet of luxury & sports cars – 58 to be precise, helicopters, jets & custom-built limousines and owns some of the best in the world. Some of his collections include Ferrari F-430, Rolls Royce, Cessna 560XL Citation Excel jet, Bell 407 helicopter and his recent purchase was a new Falcon 900EX business jet.

 

Table 7: Hurun Global Pharmaceuticals Rich List 2017


 Name

Net Worth  (US$Bn)

Main Company

Age

 Country of Residence

Top 6

Dilip Shanghvi

7~14

Sun Pharma

60

India

Top 6

Stefano Pessina

7~14

Walgreen

75

Monaco

Top 6

Cyrus Poonawalla

7~14

Serum

75

India

Top 6

Massimiliana Landini   Aleotti & family

7~14

Menarini

73

Italy

Top 6

Patrick Soon-Shiong

7~14

Nant Works

64

USA

Top 6

Ernesto Bertarelli &   family

7~14

Serono

51

Switzerland

Top 20

Barry Sherman

4~7

Apotex Pharma

74

Canada

Top 20

Ludwig Merckle

4~7

Heidelberg Cement

52

Germany

Top 20

Sun Piaoyang & Zhong   Huijuan

4~7

Hengrui Medicine, Haosen   Medicine

59

China

Top 20

Zhao Tao

4~7

Buchang

51

China

Top 20

Desh Bandhu Gupta

4~7

Lupin

78

India

Top 20

Ma Xingtian & family

4~7

Kangmei

48

China

Top 20

Wolfgang Marguerre

4~7

Octapharma

75

Germany

Top 20

Frederik Paulson

4~7

Ferring Pharmaceuticals

66

Switzerland

Top 20

Hoang Kieu

4~7

RAAS Blood Products

72

USA

Top 20

Ajay Piramal

4~7

Piramal Enterprise

60

India

Top 20

Pankaj Patel

4~7

Cadila

65

India

Top 20

Xu Jingren

4~7

Yangtze River Pharmacy

73

China

Top 20

Bernard Fraisse 

4~7

Fareva

60

France

Top 20

Alain Merieux &   family

4~7

Bio Merieux

79

France

Top 20

Robert Duggan

4~7

Pharmacyclics

72

USA

Top 20

Zheng Yuewen

4~7

Creat

55

China

Top 50

Boenjamin Setiawan &   family

2~4

Mitra Keluarga

83

Indonesia

Top 50

Traudl Engelhorn

2~4

Boehringer Mannheim

87

Switzerland

Top 50

Ursula Engelhorn

2~4

Boehringer Mannheim

-

Switzerland

Top 50

Phillip Frost

2~4

Ivax 

80

USA

Top 50

Daryl Katz

2~4

Katz

55

Canada

Top 50

Andreas Strungmann

2~4

Hexal

66

Germany

Top 50

Thomas Strungmann

2~4

Hexal

66

Germany

Top 50

Ye Chenghai & Liao Qingqing

2~4

Salubris Pharmaceuticals

74, 68

China

Top 50

Luca Rovati & family

2~4

Meda

54

Italy

Top 50

Ke Zunhong & family

2~4

Kanghong   Pharmaceuticals 

63

China

Top 50

Li Li & Li Tan

2~4

Hepalink

53, 53

China

Top 50

Cao Longxiang & Zhou   Guodi

2~4

Jumpcan

60

China

Top 50

Li Yihai

2~4

Jiangxi Jiminkexin

54

China

Top 50

An Kang & family

2~4

Hualan Biological   Engineering

68

China

Top 50

PV Ramaprasad Reddy

2~4

Aurobindo Pharma

58

India

Top 50

Xiu Laigui & Li   Yanhua

2~4

Xiuzheng

62, 59

China

Top 50

Andre Hoffman

2~4

Roche

58

Switzerland

Top 50

Andreas Oeri

2~4

Roche

67

Switzerland

Top 50

Catherine Oeri

2~4

Roche

61

Switzerland

Top 50

Jorg Duschmale

2~4

Roche

-

Switzerland

Top 50

Lukas Duschmale

2~4

Roche

-

Switzerland

Top 50

Maja Hoffman

2~4

Roche

-

Switzerland

Top 50

Sabine Duschmale Oeri

2~4

Roche

66

Switzerland

Top 50

Vera Michalski Hoffman

2~4

Roche

62

Switzerland

Top 50

Jiang Wei & family

2~4

Bailing

56

China

Top 50

Li Zongsong & Gu   Xiaojia

2~4

Bicon

-

China

Top 50

Xie Bing & Zheng Xiangling

2~4

Sino Biopharmaceutial

65, 53

China

Top 50

Hasmukh Chudgar &   family

2~4

Intas Pharma

83

India

Top 50

Shoji Uehara & family

2~4

Taisho Pharmacuetical

89

Japan

Top 50

Leonard Schleifer

2~4

Regeneron

64

USA

Top 50

Lin Gang

2~4

CMS

53

China

Top 50

Yan Xijun & family

2~4

Tasly

64

China

Top 100

Samprada Singh

1~2

Alkem Laboratories

91

India

Top 100

Seo Jung Jin

1~2

Celltrion

59

South Korea

Top 100

Rudolf Maag

1~2

Actelion

71

Switzerland

Top 100

Maja Oeri

1~2

Roche

-

Switzerland

Top 100

Pearse Lyons

1~2

Alltech

72

USA

Top 100

Jiang Rensheng &   family

1~2

Zhifei Biological   Prouducts

64

China

Top 100

Shuai Fangwen & Cao   Zaiyun

1~2

Er-Kang Pharmaceutical

51, 52

China

Top 100

Anne Beaufour

1~2

Ipsen

52

Switzerland

Top 100

Henri Beaufour

1~2

Ipsen

50

UK

Top 100

Leena Tewari

1~2

USV

59

India

Top 100

Que Wenbin

1~2

Duyiwei

54

China

Top 100

Glenn Saldanha &   family

1~2

Glenmark  Pharma

47

India

Top 100

Kiran Mazumdar-Shaw

1~2

Biocon

63

India

Top 100

Mannalal B Agarwal &   family

1~2

Ajanta Pharma

69

India

Top 100

B Parthasaradhi Reddy

1~2

Hetero group of companies

62

India

Top 100

Hu Kaijun

1~2

CheChc

-

China

Top 100

Yusuf Hamied

1~2

Cipla

80

India

Top 100

John Martin

1~2

-

65

USA

Top 100

Lei Jufang

1~2

Qizheng Pharmaceutical

64

China

Top 100

Lin Mingzhang

1~2

Creat

-

China

Top 100

Wu Yiling & family

1~2

Yiling Pharmaceutical

68

China

Top 100

Zhu Baoguo & famiy

1~2

Joint Care

55

China

Top 100

Randal Kirk

1~2

Intrexon Corp

63

USA

Top 100

Fang Tonghua & family

1~2

ZBD Pharmaceutical

54

China

Top 100

Alberto Chiesi

1~2

Chiesi Farmaceutici

-

Italy

Top 100

Paulo Chiesi

1~2

Chiesi Farmaceutici

-

Italy

Top 100

John Kapoor

1~2

Insys Therapeutics

73

USA

Top 100

Salman &   Ahmed Rahman

1~2

Beximco

49

Bangladesh

Top 100

Marc Coucke

1~2

Omega Pharma

52

Belgium

Top 100

Samir Mehta

1~2

Torrent Pharma

53

India

Top 100

Sudhir Mehta

1~2

Torrent Pharma

61

India

Top 100

Stephen Saad

1~2

Aspen

52

South Africa

Top 100

Stewart Rahr

1~2

Kinray

70

USA

Top 100

Zeng Lingshan

1~2

Creat

-

China

Top 100

Zhu Jiman & Bai Lihui

1~2

Gloria Pharmaceuticals

53, 52

China

Top 100

Willy Micheal

1~2

Ypsomed

70

Switzerland

Top 100

Bulent Eczacibasi

1~2

Eczacibasi

67

Turkey

Top 100

Faruk Eczacibasi

1~2

Eczacibasi

62

Turkey

Top 100

Wang Junmin

1~2

Haisco Pharmaceutical

49

China

Top 100

GV Prasad

1~2

Dr. Reddy's Lab

55

India

Top 100

Lim Sung-Ki

1~2

Hanmi Science

76

South Korea

Top 100

Che Fengsheng

1~2

Sihuan Pharm

55

China

Top 100

Cheng Xianfeng

1~2

Yifan Xinfu   Pharmaceutical

49

China

Top 100

Dong Fan

1~2

Jafron Biomedical

47

China

Top 100

Han Xu  & Zhang Renhua

1~2

Realcan Pharmaceutical

52, 51

China

Top 100

Li Zhengguo

1~2

Youbo Pharmaceutical

57

China

Top 100

Yang Wenlong & family

1~2

Renhe

55

China

Top 100

Zhang Simin & Wang   Jinsong

1~2

Neptunus

55, -

China

Top 100

Zhu Wenchen

1~2

Furen Medicine

51

China

Top 100

Francisco Deusmar de   Queiros

1~2

Pague Menos

68

Brazil

Top 100

Erwin Franz Mueller

1~2

Mueller

84

Germany

Top 100

K Satish Reddy

1~2

Dr. Reddy's Lab

49

India

Top 100

Rajeev Juneja

1~2

Mankind Pharma

51

India

Top 100

Ramesh Juneja

1~2

Mankind Pharma

61

India

Top 100

Hirokazu Sugiara &   family

1~2

Sugi Holdings

66

Japan

 

 

 

About Hurun Report Inc.

 

Nobody Knows China’s Rich Better!

 

Established as a research unit in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading research house, media and lifestyle investments business based in Shanghai, China, best-known for its rankings of the richest people in China, India and the rest of the world.

 

Hurun Report Inc. has four divisions: Hurun Research Institute; Hurun Media; Hurun Conferences and Training, an active events division targeting entrepreneurs and high net worth individuals; and Hurun Lifestyle and Investments, with investments in education, interior design, horses, bespoke tailoring, media and retail.

 

 

Download:

Press Release - Hurun Pharmaceutical Global Rich List 2017.docx

新闻稿:《2017胡润全球大健康行业富豪榜》170912.docx


 

For media inquiries, please contact:

Hurun Report

Porsha Pan

Tel: +86-21-50105808*601

Mobile: +86-139 1838 7446

Email: porsha.pan@hurun.net

 


Keywords:PHARMACEUTICAL
Author:Pinkle    Editor:Pinkle Xu