Mustafa Hamied (#3153)
- $ 1 B
- Pharmaceuticals
- India
- M
- 85 Years
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About Me
Mustafa Hamied was the non-executive vice chairman of Mumbai generics maker Cipla until September 2024, when he resigned citing his age and health. Cipla was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi. After the patriarch passed away in 1972, Mustafa, a science graduate from Bombay University, inherited the business along with his older brother Yusuf Hamied, also a billionaire. His daughter Samina, who was executive vice-chairperson of Cipla, stepped down in March 2024 but retains a board seat. His son Kamil was appointed to the board in September 2024.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Mustafa Hamied’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Mustafa Hamied’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $1.1B
(May 4, 2026)
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