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Desh Bandhu Gupta

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Desh Bandhu Gupta
Born
Desh Bandhu Gupta

1938
CitizenshipIndian
OccupationBusinessman
Years active1968 to date
OrganizationLupin Limited
Known forFounder and Chairman of Lupin Limited
Children5
Websitewww.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 Science and Technology, 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. ^ a b c d "Desh Bandhu Gupta". Forbes. Retrieved 10 April 2015.
  2. ^ a b "Guru of Generics- Business News". Businesstoday.intoday.in. 13 June 2010. Retrieved 24 January 2016.
  3. ^ "Lupin Limited" (PDF). Thehindubusinessline.com. Retrieved 24 January 2016.
  4. ^ "Lupin Human Welfare & Research Foundation". Lupinfoundation.in. 29 May 2013. Retrieved 24 January 2016.
  5. ^ "Pharma Leadership Summit brings together healthcare fraternity". Business-standard.com. Retrieved 24 January 2016.
  6. ^ "Entrepreneur Of The Year Awards: Finalist - Desh Bandhu Gupta". EY.com. 2 October 1988. Retrieved 24 January 2016.