Pankaj Patel

Pankaj Patel
Born 1952/1953 (age 59–60)[1]
Residence Ahmedabad
Citizenship India
Education Gujarat University
Net worth US $ 1.5 billion (est.)
(February 2010)[1]
Spouse Priti Patel
Children two

Pankaj Ramanbhai Patel (born 1951)[2] is the current Chairman and Managing Director of Cadila Healthcare, the fifth largest pharmaceutical company in India. Patel was tied for 26th place on Forbes Magazine's first annual list of the 40 richest Indians (2004) with an estimated net worth of $510 million.[2] Patel was named the "Best Pharma Man of the year 2003" by the Foundation of Indian Industry and Economists[3] in recognition of the growth of Cadila under his leadership. At that time, Patel predicted that Zydus Cadila would become the third-largest pharmaceutical company in India by 2005;[4] however, the company's fortunes were reversed and Patel fell out of the list of richest Indians by 2005.[5]

Personal life

Patel holds Bachelor of Pharmacy and Master of Pharmacy degrees from Gujarat University. He is married to Priti Patel. Daughteer of Dr.B.D.Patel Patel has two children. His son, Sharvil Patel, is Deputy Managing Director of Cadila Health and has a wife, Meha. His daughter Shivani is married to Pranav D. Patel, son of Dushyant D. Patel, and has a son and a daughter.

References

  1. ^ a b "The World's Billionaires: #655 Pankaj Patel". Forbes. March 3, 2010. http://www.forbes.com/lists/2010/10/billionaires-2010_Pankaj-Patel_0WGG.html. 
  2. ^ a b "Forbes.com: India's Richest". www.forbes.com. http://www.forbes.com/lists/results.jhtml?passListId=77&passYear=2004&passListType=Person&searchParameter1=&searchParameter2=&resultsHowMany=25&resultsSortProperties=%2Bnumberfield1%2C%2Bstringfield2&resultsSortCategoryName=Rank&fromColumnClick=&bktDisplayField=&bktDisplayFieldLength=&category1=category&category2=category&passKeyword=&resultsStart=26. Retrieved 2009-02-04. 
  3. ^ "The Hindu : Business / Briefly : Award for Zydus Cadila chief". www.hindu.com. 2004-12-01. http://www.hindu.com/2004/12/01/stories/2004120111411604.htm. Retrieved 2009-02-04. 
  4. ^ Mathew, Vinod (2003-02-03). "The Hindu Business Line : `We aim at third position with Rs 1,400-cr turnover by 2005' — Mr Pankaj R. Patel, Chairman, Zydus Cadila". www.thehindubusinessline.com. http://www.thehindubusinessline.com/2003/02/03/stories/2003020301320500.htm. Retrieved 2009-02-04. 
  5. ^ "ZoomInfo Cached Page". cache.zoominfo.com. http://cache.zoominfo.com/CachedPage/?archive_id=0&page_id=1442991791&page_url=%2f%2fwww.zakhas.com%2fnews%2fnewsview.asp%3fid%3d142&page_last_updated=2%2f18%2f2006+1%3a56%3a34+AM&firstName=Pankaj&lastName=Patel. Retrieved 2009-02-04.