Samprada Singh

$1.20 B

Ranked #1867 in World

About Samprada Singh

Samprada Singh, born in 1925 and passing on 27 July 2019, was a seminal figure in Indian entrepreneurship as the founder and chairman of Alkem Laboratories, a leading entity in pharmaceutical and nutraceutical development and manufacturing with a global outreach. With roots in the small village of Okri, Jehanabad, Bihar, and an educational foundation in commerce from Patna University, Singh's venture began modestly with a chemist shop in 1953, evolving into the renowned 'Magadh Pharma' before co-founding Alkem Laboratories Ltd with his brother Basudeo Narayan Singh in 1973. His remarkable journey was adorned with several accolades, including the Lifetime Achievement Award in 2009 and the Ernst and Young 'Entrepreneur of the Year in Healthcare and Life Sciences' in 2017, reflecting his $3.3 billion net worth at the time. Singh's legacy, marked by Forbes India as the 43rd richest Indian in 2017 and celebrated as the wealthiest individual from Bihar in 2018, continues to inspire the finance and pharmaceutical industries alike.

Born

August 26, 1925 in Jehanabad, Bihar, India

Died

July 27, 2019 (aged 93)

Source Of Wealth

Pharmaceuticals

Industries

Healthcare

Citizenship

India

Residence

Mumbai

Children

NK Singh

Samprada Singh was born on 1925 in the village of Okri, Jehanabad district, Bihar, India. He hailed from a humble background and faced many challenges during his early years. Despite these hardships, he displayed a strong determination and passion for education.

Samprada Singh: Family

Samprada Singh came from a close-knit family. He had a brother named Basudeo Narayan Singh, who played a significant role in his professional journey. Together, they co-founded Alkem Laboratories Ltd and worked tirelessly to build the company into a successful pharmaceutical enterprise.

Samprada Singh: Career Highlights

Samprada Singh's career was marked by several notable achievements. In 1953, he established a small chemist shop in Patna, which later expanded into the medicine distribution business under the name "Magadh Pharma." In 1973, he co-founded Alkem Laboratories Ltd with his brother and served as its chairman, leading the company to become a prominent player in the pharmaceutical industry.

Samprada Singh: Companies

Samprada Singh was primarily associated with Alkem Laboratories Ltd, a pharmaceutical company that he co-founded and led as its chairman. Alkem Laboratories develops, manufactures, and markets pharmaceutical formulations and nutraceuticals in India and has operations globally.

Samprada Singh: Major Achievements

Samprada Singh's major achievements include building Alkem Laboratories Ltd into a successful pharmaceutical company with a global presence. He was instrumental in driving the company's growth and expansion, making it one of the leading players in the industry. His contributions to the pharmaceutical sector were widely recognized and celebrated.

Samprada Singh: Awards & Achievements

Samprada Singh received numerous honors and awards throughout his career. Some of his notable accolades include the Lifetime Achievement Award from the Pharmaceutical Leadership Summit & Awards in 2009, the Ernst and Young 'Entrepreneur of the Year in Healthcare and Life Sciences' award in 2017, and being ranked as the 43rd richest man in India by the Forbes India rich list in 2017. He was also recognized as the richest Bihari in India in 2018.

Samprada Singh: Personal Life & Legacy

Samprada Singh led a private life and was known for his humility and simplicity.

He was deeply respected and admired for his entrepreneurial spirit, business acumen, and contributions to the pharmaceutical industry. His legacy continues to inspire aspiring entrepreneurs and business leaders in India and beyond.

Samprada Singh: Trivia

Samprada Singh had a passion for classical music and enjoyed listening to it in his free time. He was also known for his philanthropic endeavors and actively supported various charitable causes and educational institutions.

Wealth History

Timeline

1925

Samprada Singh was born in Okri village, Jehanabad, Bihar.

1953

Samprada Singh started a small chemist shop in Patna.

1973

Samprada Singh co-founded Alkem Laboratories Ltd with his brother Basudeo Narayan Singh.

2009

Samprada Singh received the Lifetime Achievement Award from Pharmaceutical Leadership Summit & Awards.

2017

Samprada Singh was named Ernst and Young 'Entrepreneur of the Year in Healthcare and Life Sciences'.

2017

Samprada Singh was ranked 43rd richest man in India by Forbes India rich list.

2018

Samprada Singh was recognized as the richest Bihari in India.

27 July 2019

Samprada Singh passed away at the age of 94.

Samprada Singh : FAQs

What is Samprada Singh's net worth?

As of 2018, Samprada Singh's net worth was $1.20 billion.

What are Samprada Singh's main sources of wealth?

Samprada Singh's main source of income comes from Pharmaceuticals.

In which industry does Samprada Singh primarily operate?

Samprada Singh is primarily involved in the Healthcare industry.

Is Samprada Singh dead?

Yes, Samprada Singh died on July 27, 2019 (aged 93).

Who was Samprada Singh and what is his contribution to the pharmaceutical industry?

Samprada Singh was an Indian businessman, founder, and chairman of Alkem Laboratories, a major player in developing, manufacturing, and marketing pharmaceutical formulations and nutraceuticals in India and globally.

How did Samprada Singh start his journey in the pharmaceutical field?

Samprada Singh started his journey in the pharmaceutical field by first opening a small chemist shop in Patna in 1953, which later expanded into the medicine distribution business under 'Magadh Pharma.'

What led to the founding of Alkem Laboratories, and who were the key figures involved?

Alkem Laboratories Ltd was co-founded by Samprada Singh and his brother Basudeo Narayan Singh in 1973, aiming to serve the healthcare needs by developing, manufacturing, and marketing pharmaceutical products. Samprada Singh served as its chairman, leading the company to global operations.