Kiran Mazumdar-Shaw

Founder, Chair, and Managing Director, Biocon

Rank on list: 68

Net worth: $4 billion

Source of wealth: Biopharma

Citizenship: India

Mazumdar-Shaw, India’s richest self-made woman, founded India’s largest listed biopharmaceutical firm by revenue in 1978. The firm has successfully forayed into the lucrative US biosimilars market, catching the attention of investors. The company has received Indian regulatory permission to conduct phase 4 trials for its drug Itolizumab as a potential treatment for Covid19. Her philanthropic initiative, the Mazumdar Shaw Medical Centre, aims to create a sustainable, affordable cancer care model.