Dr Desh Bandhu Gupta Net Worth is$3.2 Billion
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Place of Birth: Mumbai
Desh Bandhu Gupta Net Worth: Desh Bandhu Gupta is an Indian pharmacist who has a net worth of $3.2 billion. Born in 1938 in Mumbai, Gupta earned his wealth as the founder of Lupin Limited, a pharmaceutical company. A Doctor of Science who also has a Master's degree in Chemistry of Bombay University, Gupta started his career path as an assistant professor at the Birla Institute of Technology and Sciences. Governed by his desire to fight life-threatening diseases led him to launch Lupin in 1968 as a little vitamin company with a really small investment of $120. During the years, Lupin grew into one of the leading producers of anti-tuberculosis drugs and Cephalosporin antibiotics segments worldwide. Today, the company holds six research centers based in India and Japan, and it is operating in 12 factories with an income of about $1.7 billion annually. Last year, Gupta or, as he is popularly called, DBG handed over the pharmaceutical empire to his children: Vinita, his daughter, and Nilesh, his son, but he remains to serve as Chairman. Moreover, he was honored with the Lifetime Achievement Award for his contributions to the Pharmaceutical Leadership Summit in 2009, and he received the Visionary Leader award at 2011 Earnest and Young Entrepreneur of the Year Awards gala.
Dr. Desh Bandhu Gupta is the Founder and Chairman of Lupin Limited, a pharmaceuticals company he founded in 1968 with a seed capital of just Rs. 5,000.
A professor, a scientist, and an entrepreneur, Dr. Desh Bandhu Gupta is an honorary Doctor of Science (D.Sc.) and holds a Master's degree in Chemistry. Dr. Gupta, started his career as an Associate Professor at Birla Institute of Science and Technology, Pilani, Rajasthan. His dream to fight life-threatening infectious diseases and manufacture drugs of the highest national priority led to the formation of Lupin. Under his stewardship Lupin has achieved the distinction of becoming India's second largestpharmaceutical major by market capitalisation, and a leadership position in the anti-tuberculosis and Cephalosporin antibiotics segments.
On 2 October 1988, with an objective to provide an alternative sustainable, replicable and ever evolving model of rural development, Dr. Gupta launched the Lupin Human Welfare & Research Foundation (LHWRF). The LHWRF program, run on professional lines, has won wide acclaim, both at the national and international level. In 2003, Lupin was presented with the top Corporate Social Responsibility award instituted by FICCI & Business World.
A practitioner of the science of Vipassan?? meditation, Dr. Gupta is a trustee of the Global Vipassana Foundation as well as the Chairman of the managing committee of ISKCON, Juhu Temple.
Dr. Desh Bandhu Gupta was felicitated with the Lifetime Achievement Award for his contribution to the Indian Pharma industry during the Pharma Leadership Summit 2009. He was also the recipient of the Ernst and Young Entrepreneur of the Year 2011 ??? Visionary Leader award.
In March 2013, Forbes pegged Dr. Desh Bandhu Gupta's net worth at $2.4 billion, making him the 21st richest person in India and the 613th richest person in the world.

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Dr Desh Bandhu Gupta Latest News

Lupin appoints Manju Deshbandhu Gupta as Chairman

Drug major Lupin today appointed Manju Deshbandhu Gupta ... Dr Deshbandhu Gupta's legacy forward and transitioning over the next two years to Vinita and Nilesh," Manju Deshbandhu Gupta said on her new role. The company's founder and chairman Desh Bandhu ...
Posted: August 11, 2017, 10:26 am

Lupin founder Desh Bandhu Gupta dies at 79

Mumbai: Desh Bandhu Gupta, founder and chairman of drugmaker Lupin Ltd ... chief executive officer of Dr. Reddy’s Laboratories Ltd. Over the years he steered Lupin from a domestic pharmaceutical company to the fourth largest generic drugs maker by ...
Posted: June 26, 2017, 1:41 am

Lupin announces Manju Deshbandhu Gupta as chairman

Desh Bandhu Gupta ... on the appointment, Gupta said "I am honored with the confidence that the board has placed in me and I look forward to working with the board to take Lupin to greater heights. I am also very pleased that Dr Kamal Sharma will continue ...
Posted: August 11, 2017, 12:31 pm
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