Desh Bandhu Gupta

$4.70 B

Ranked #348 in World

About Desh Bandhu Gupta

Indian billionaire, philanthropist, and Lupin Limited founder, Desh Bandhu Gupta (1938-2017), left an indelible mark on the pharmaceutical industry. Born in Rajgarh, Rajasthan, and a chemistry postgraduate from Bombay University, Gupta turned from academia to entrepreneurship, establishing Lupin in 1968 with just ₹5000. Under his guidance, Lupin ascended to global prominence, especially in the US and Japan. His commitment to societal development was manifested through the Lupin Human Welfare & Research Foundation, transforming the lives of 2.8 million people across rural India. Esteemed for his business acumen, Gupta received multiple accolades, including the Ernst & Young Entrepreneur of the Year Award (2011). His legacy endures through his family and the monumental impacts of his philanthropy and entrepreneurship.

Born

February 08, 1938 in Rajgarh, Alwar, Alwar State, British Raj (now in Rajasthan, India)

Died

June 26, 2017 (aged 79)

Source Of Wealth

Pharmaceuticals

Industries

Healthcare

Citizenship

India

Education

Master of Science, Bombay University

Children

5, including Vinita D. Gupta and Nilesh Gupta

Desh Bandhu Gupta was born on 8th February 1938 in Rajgarh, Alwar, Rajasthan. He completed his early education in Rajasthan and went on to earn a master's degree in chemistry from Bombay University.

Desh Bandhu Gupta: Family

Desh Bandhu Gupta was married to Manju Gupta, and they lived in Mumbai. The couple had four daughters and one son. His daughter Vinita D. Gupta is the Group President & CEO, and his son Nilesh Gupta is the Managing Director of Lupin.

Desh Bandhu Gupta: Career Highlights

Desh Bandhu Gupta started his career as an associate professor at Birla Institute of Technology and Science, Pilani. However, he quit teaching to become an entrepreneur due to limited opportunities for implementing his ideas. He moved to Mumbai and worked in a small British pharmaceutical manufacturing company before founding Lupin in 1968 with a start-up capital of ₹5000 borrowed from his wife. Under his leadership, Lupin grew into a global pharmaceutical company, entering markets worldwide, including the US and Japan.

Desh Bandhu Gupta: Companies

Desh Bandhu Gupta founded Lupin Limited in 1968, which became a leading global pharmaceutical company. He also established the Lupin Human Welfare & Research Foundation (LHWRF) in 1988, focused on sustainable rural development in India.

Desh Bandhu Gupta: Major Achievements

Desh Bandhu Gupta's major achievements include building Lupin into a global pharmaceutical company and establishing the Lupin Human Welfare & Research Foundation (LHWRF), which impacted the lives of millions of people in rural India.

Desh Bandhu Gupta: Awards & Achievements

Desh Bandhu Gupta received numerous awards and recognition for his contributions to the pharmaceutical industry and philanthropy. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (2011) in the healthcare sector.
Frost & Sullivan Lifetime Achievement Award (2013).
Posthumously inducted into the Hall of Fame at CNBC TV18 India Business Leader Awards (2018).

Desh Bandhu Gupta: Personal Life & Legacy

Desh Bandhu Gupta was known for his dedication to his work and his commitment to philanthropy.

He passed away on 26th June 2017 in Mumbai at the age of 79. His legacy continues through the success of Lupin Limited and the ongoing work of the Lupin Human Welfare & Research Foundation.

Desh Bandhu Gupta: Trivia

Desh Bandhu Gupta started Lupin with a mere ₹5000, which he borrowed from his wife. Today, Lupin is a global pharmaceutical company with a market capitalization of over $10 billion.

Wealth History

Timeline

8th February 1938

Desh Bandhu Gupta was born in Rajgarh, Alwar, Rajasthan.

1968

Desh Bandhu Gupta founded Lupin with a start-up capital of ₹5000 borrowed from his wife.

1988

Desh Bandhu Gupta established the Lupin Human Welfare & Research Foundation (LHWRF).

2011

Desh Bandhu Gupta received the Ernst & Young Entrepreneur of the Year Award in the healthcare sector.

2013

Desh Bandhu Gupta received the Frost & Sullivan Lifetime Achievement Award.

26th June 2017

Desh Bandhu Gupta passed away in Mumbai at the age of 79.

2018

Desh Bandhu Gupta was posthumously inducted into the Hall of Fame at CNBC TV18 India Business Leader Awards.

Desh Bandhu Gupta : FAQs

What is Desh Bandhu Gupta's net worth?

As of 2017, Desh Bandhu Gupta's net worth was $4.70 billion.

What are Desh Bandhu Gupta's main sources of wealth?

Desh Bandhu Gupta's main source of income comes from Pharmaceuticals.

In which industry does Desh Bandhu Gupta primarily operate?

Desh Bandhu Gupta is primarily involved in the Healthcare industry.

What is Desh Bandhu Gupta educational background?

Desh Bandhu Gupta holds a Master of Science from Bombay University.

Is Desh Bandhu Gupta dead?

Yes, Desh Bandhu Gupta died on June 26, 2017 (aged 79).

How many children does Desh Bandhu Gupta have?

Desh Bandhu Gupta has 5 children.

Who was Desh Bandhu Gupta and what is his legacy?

Desh Bandhu Gupta was an Indian billionaire, philanthropist, entrepreneur, and the founder of Lupin Limited, a global pharmaceutical company. At the time of his death in 2017, his net worth was estimated at US$3.6 billion. His legacy includes his significant contributions to the pharmaceutical industry and his philanthropic efforts through the Lupin Human Welfare & Research Foundation, impacting millions of lives in rural India.

How did Desh Bandhu Gupta start his career and ultimately found Lupin?

Desh Bandhu Gupta began his career as an associate professor at Birla Institute of Technology and Science, Pilani. Seeking greater opportunities to implement his ideas, he quit teaching to become an entrepreneur. He moved to Mumbai, gained experience in a small British pharmaceutical manufacturing company, and founded Lupin in 1968 with a startup capital of ₹5000 borrowed from his wife. Under his leadership, Lupin grew into a global pharmaceutical powerhouse.

How has Desh Bandhu Gupta contributed to philanthropy?

In 1988, Desh Bandhu Gupta established the Lupin Human Welfare & Research Foundation (LHWRF), focusing on sustainable rural development and uplifting families below the poverty line in rural India. The foundation has significantly impacted the lives of 2.8 million people across 3,500 villages in 9 states, showcasing Gupta's commitment to giving back to the community.

What awards and recognitions did Desh Bandhu Gupta receive throughout his career?

Throughout his career, Desh Bandhu Gupta received numerous awards and recognitions, including the Ernst & Young Entrepreneur of the Year Award (2011) in the healthcare sector, the Frost & Sullivan Lifetime Achievement Award (2013), and a posthumous induction into the Hall of Fame at CNBC TV18 India Business Leader Awards (2018), highlighting his profound impact on the industry and community.