Desh Bandhu Gupta

Desh Bandhu Gupta
Born Desh Bandhu Gupta
1938
Residence Mumbai, India
Citizenship Indian
Occupation Businessman
Years active 1968 to date
Organization Lupin Limited
Known for Founder and chairman, Lupin Limited
Net worth $4.9 billion (August 2016)[1]
Children 5
Website www.lupinworld.com

Desh Bandhu Gupta (born 1938)[1] is an Indian businessman, the founder and chairman of Lupin Limited, a multinational pharmaceutical company.

Career

Gupta started his career as an associate professor at the Birla Institute of Technology and Science, Pilani, Rajasthan.

He founded Lupin in the 1968 with a start-up capital of just Rs.5000.[2] Under his leadership, Lupin has become a US$ 1.83 billion [3] global pharmaceutical company.[2]

Gupta set up the Lupin Human Welfare & Research Foundation (LHWRF)[4] in October 1988. LHWRF was set up with the objective of creating a replicable and evolving model for sustainable rural development with a simple goal of uplifting families living below the poverty line in rural India. LHWRF is one of the largest non-governmental organizations funded by a corporation in Southeast Asia.

A practitioner of Vipassanā meditation, Gupta is a trustee of the Global Vipassana Foundation as well as the chairman of ISKCON, Juhu Temple.

Gupta received a Lifetime Achievement Award during the Pharma Leadership Summit 2009.[5] He was also the recipient of the Ernst and Young Entrepreneur of the Year 2011 – Visionary Leader award.[6]

In 2015, Forbes estimated Gupta's net worth at $7.2 billion, making him the 254th richest person in the world.[1]

Personal life

Gupta is married with five children and lives in Mumbai.[1]

References

  1. 1 2 3 4 "Desh Bandhu Gupta". Forbes. Retrieved 28 August 2016.
  2. 1 2 "Guru of Generics- Business News". Businesstoday.intoday.in. 2010-06-13. Retrieved 2016-01-24.
  3. ↑ "Lupin Limited" (PDF). Thehindubusinessline.com. Retrieved 2016-01-24.
  4. ↑ "Lupin Human Welfare & Research Foundation". Lupinfoundation.in. 2013-05-29. Retrieved 2016-01-24.
  5. ↑ "Pharma Leadership Summit brings together healthcare fraternity". Business-standard.com. Retrieved 2016-01-24.
  6. ↑ "Entrepreneur Of The Year Awards: Finalist - Desh Bandhu Gupta". EY.com. 1988-10-02. Retrieved 2016-01-24.
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