Glenn Saldanha – 11 Debutantes on the India rich list

Glenn Saldanha – 11 Debutantes on the India rich list

There are 11 entrepreneurs debuting on the India Rich List this year.

Bruce Upbin/Forbes India

There are 11 entrepreneurs debuting on the India Rich List this year

No. 61

Glenn Saldanha
USD 1.03 billion
Source: Pharmaceuticals
Age: 41. Married, 2 children
Residence: Mumbai

Takes the spot of his father, Gracias, founder of Glenmark Pharmaceuticals, who died in July. A pharmacist with an MBA from New York University, he has been running the firm since 2000. He masterminded the USD 756-million (revenues) firm’s entry into drug discovery in 2001; it has seven new drugs in the pipeline and two licensing deals with big pharma companies. He shares his fortune with mother Blanche, who is on the board, and his siblings.

Source: http://www.forbesindia.com/article/richest-indians-in-2012/11-debutantes-on-the-india-rich-list/34111/1

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