Yusuf Hamied

$2.17 B

Ranked #1872 in World

About Yusuf Hamied

Yusuf Khwaja Hamied, Cipla's chairman and notable Indian scientist, has significantly impacted affordable healthcare. Born in Lithuania and raised in Mumbai, Hamied pursued chemistry at Cambridge, where he later championed multi-drug combination therapies. Recognized with prestigious accolades like the Padma Bhushan, he defied major pharmaceutical corporations to supply life-saving medications to less privileged populations. His generous contributions have fostered academic excellence, especially in chemistry at Cambridge and IISER Pune.

Born

July 26, 1936 in Wilno, Wilno Voivodeship, Poland (now Vilnius, Lithuania)

Age

89 years

Source Of Wealth

Pharmaceuticals

Industries

Healthcare

Citizenship

India

Residence

Mumbai

Education

Doctorate, University of Cambridge

Spouse

Farida

Children

none

Parent

Khwaja Abdul Hamied, Luba Derczanska

Yusuf Khwaja Hamied was born on July 25, 1936, in Vilnius, Lithuania (then Poland). He was raised in Bombay (now Mumbai) by an Indian Muslim father and a Russophone Lithuanian Jewish mother. Hamied received his early education at Cathedral and John Connon School and St. Xavier's College in Mumbai. He went on to earn a Bachelor of Arts degree in chemistry from Christ's College, Cambridge, and later completed his PhD from the same institution.

Yusuf Hamied: Family

Yusuf Hamied is married to Farida, and they do not have any children. He lives in both London and Mumbai. His younger brother, M. K. Hamied, serves as Cipla's non-executive vice-chairman.

Yusuf Hamied: Career Highlights

Yusuf Hamied is renowned for challenging large Western pharmaceutical companies by providing generic AIDS drugs and treatments for diseases affecting people in impoverished nations. He has spearheaded efforts to eradicate AIDS in the developing world and ensure access to life-saving medicines regardless of patients' financial capabilities. Hamied has also pioneered the development of multi-drug combination pills (FDCs) for HIV/AIDS, tuberculosis, asthma, and other ailments. Additionally, he has developed pediatric formulations of drugs that benefit children in impoverished settings and expanded the production of bulk drugs and active pharmaceutical ingredients (APIs) in India.

Yusuf Hamied: Companies

Yusuf Hamied is the chairman of Cipla, a generic pharmaceuticals company. He has played a pivotal role in transforming Cipla into a global leader in the production of affordable generic medicines.

Yusuf Hamied: Major Achievements

Yusuf Hamied's major achievements include:

Defying large Western pharmaceutical companies to provide generic AIDS drugs and treatments for ailments affecting people in poor countries.
Leading efforts to eradicate AIDS in the developing world and provide life-saving medicines regardless of patients' ability to pay.
Pioneering the development of multi-drug combination pills (FDCs) for HIV/AIDS, tuberculosis, asthma, and other ailments.
Developing pediatric formulations of drugs benefiting children in poor settings.

Expanding the production of bulk drugs and active pharmaceutical ingredients (APIs) in India.

Yusuf Hamied: Awards & Achievements

Yusuf Hamied has received numerous awards and recognitions for his contributions to science and healthcare, including:

Padma Bhushan, India's third highest civilian honor, in 2005.
CNN-IBN Indian of the Year in the business category in 2012.
Named one of India's "25 Greatest Global Living Legends" by NDTV in 2013.

Yusuf Hamied: Personal Life & Legacy

Yusuf Hamied is known for his philanthropic endeavors and commitment to social causes. He has made significant contributions to various educational and research institutions, including the Yusuf Hamied Centre at Christ's College, Cambridge, and the state-of-the-art chemistry facility at IISER Pune. Hamied's legacy lies in his unwavering dedication to making healthcare accessible and affordable for people in need, particularly in developing countries.

Yusuf Hamied: Trivia

Yusuf Hamied's role in the battle for mass antiretroviral treatment in Africa was portrayed in the documentary "Fire in the Blood" (2013).

Wealth History

Timeline

July 25, 1936

Yusuf Khwaja Hamied was born in Vilnius, Lithuania (then Poland).

Early Life

Raised in Bombay (now Mumbai) with an Indian Muslim father and Russophone Lithuanian Jewish mother. Educated at Cathedral and John Connon School and St. Xavier's College, Mumbai. Earned a BA in chemistry and a PhD from Christ's College, Cambridge.

Career

Known for defying large Western pharmaceutical companies to provide generic AIDS drugs and treatments for ailments affecting people in poor countries. Led efforts to eradicate AIDS in the developing world and provide life-saving medicines regardless of patients' ability to pay. Pioneered the development of multi-drug combination pills (FDCs) for HIV/AIDS, tuberculosis, asthma, and other ailments. Developed pediatric formulations of drugs benefiting children in poor settings. Expanded the production of bulk drugs and active pharmaceutical ingredients (APIs) in India.

Contributions to Cambridge

Yusuf Hamied Centre opened at Christ's College in 2009. Bronze portrait bust by Anthony Smith. Todd-Hamied Fellow in chemistry. Donation to support the 1702 Chair of Chemistry, renamed the Yusuf Hamied 1702 Chair. Hamied Laboratory for Chemical Synthesis & Catalysis. Todd-Hamied Seminar Room and Todd-Hamied Laboratory. Hamied Scholars Programme and renaming of the department as Yusuf Hamied Department of Chemistry until 2050. Donation to IISER Pune for a state-of-the-art chemistry facility.

Awards and Recognition

Padma Bhushan, India's third highest civilian honor, in 2005. CNN-IBN Indian of the Year in the business category in 2012. Named one of India's "25 Greatest Global Living Legends" by NDTV in 2013.

Media

Role in the battle for mass antiretroviral treatment in Africa portrayed in the documentary "Fire in the Blood" (2013).

Personal Life

Married to Farida, no children. Lives in London and Mumbai. Younger brother, M. K. Hamied, is Cipla's non-executive vice-chairman. Estimated net worth of US$ 3.3 billion (May 2021).

Yusuf Hamied : FAQs

What is Yusuf Hamied's current net worth?

Yusuf Hamied's current net worth is $2.17 billion.

What is Yusuf Hamied's current global rank among billionaires?

Yusuf Hamied holds the 1872nd position globally among billionaires.

What is Yusuf Hamied's current ranking within the India?

Yusuf Hamied holds the 113th position in India.

What was the change in Yusuf Hamied's net worth compared to the previous year?

Yusuf Hamied's net worth decreased by 623.02 million dollars compared to the previous year 2025, when his net worth was 2.80 billion dollars.

What is the recent change in Yusuf Hamied's net worth?

Yusuf Hamied's net worth decreased by 47.05 million dollars recently, a 2.16% decrease, with his net worth standing at 2.17 billion dollars.

What are Yusuf Hamied's main sources of wealth?

Yusuf Hamied's main source of income comes from Pharmaceuticals.

In which industry does Yusuf Hamied primarily operate?

Yusuf Hamied is primarily involved in the Healthcare industry.

What is Yusuf Hamied educational background?

Yusuf Hamied holds a Doctorate from the University of Cambridge.

How old is Yusuf Hamied?

Yusuf Hamied is 89 years old.

Who is Yusuf Khwaja Hamied and what is his significance in the pharmaceutical industry?

Yusuf Khwaja Hamied, born on July 25, 1936, in Vilnius, Lithuania, is an Indian scientist, billionaire businessman, and chairman of the generic pharmaceuticals company Cipla. He is known for providing affordable generic AIDS drugs to the developing world and challenging large Western pharmaceutical companies to improve global access to essential medications.

How has Yusuf Hamied contributed to the field of HIV/AIDS treatment?

Yusuf Hamied has led efforts to eradicate AIDS in the developing world by pioneering the development of multi-drug combination pills for HIV/AIDS. His dedication to making life-saving medicines available regardless of patients' ability to pay has been crucial in the fight against this epidemic.

What are some of Yusuf Hamied's contributions to Christ's College, Cambridge?

Yusuf Hamied's contributions to Christ's College, Cambridge, include the Yusuf Hamied Centre, Todd-Hamied Fellow in chemistry, and substantial donations resulting in the renaming of the 1702 Chair of Chemistry, the department as Yusuf Hamied Department of Chemistry, and the establishment of the Hamied Scholars Programme.

What honors and awards has Yusuf Hamied received for his work?

Yusuf Hamied has received numerous awards, including the Padma Bhushan in 2005, CNN-IBN Indian of the Year in the business category in 2012, and he was named one of India's '25 Greatest Global Living Legends' by NDTV in 2013. His impact has been recognized both nationally and globally.