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Habil Khorakiwala

Habil Khorakiwala

H. Khorakiwala
-0.34% | - $-4.38M
$1.27 B ₹ 11,572 Cr
Real Time Net Worth #2798 Ranking as of 21 Feb 2026 By Forbes

More on Habil Khorakiwala

Gender

Male

Age

84Y

Country

India

Born On

January, 1942

Deceased

No

Relationship Status

Married

Children

3

Education

Purdue University - Master Of Science

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Massively Transformed)

Primary Organization

Wockhardt

Titles

Founder & Chairman

Sources of Wealth

Wockhardt

Industry

Pharmaceuticals, Biotechnology, Healthcare

About Habil Khorakiwala


H abil Khorakiwala is an Indian billionaire and the founder and chairman of Wockhardt, a major global pharmaceutical and biotechnology company. He inherited his family's small business, which included a department store, and transformed it into a pharmaceutical powerhouse. He has been a key figure in the Indian pharmaceutical industry for decades.

Under his leadership, Wockhardt has grown into a major manufacturer of a wide range of pharmaceutical and biopharmaceutical formulations, with a significant presence in international markets, including the U.S. and Europe. The company has a network of manufacturing plants and a strong focus on research and development. The company has faced significant challenges over the years, including major regulatory issues with the U.S. FDA, but Khorakiwala has successfully navigated the company through these difficulties. His children are now involved in the leadership of the publicly traded company.

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Quick Reads


  • Founder and Chairman of the Indian pharmaceutical company Wockhardt.
  • Transformed his family's small business into a global drugmaker.
  • Wockhardt is a major manufacturer of generic drugs with a large international presence.
  • He has led the company for over five decades.
  • His children now hold senior executive roles at the company.

Early Life and Background


Dr. Habil F. Khorakiwala, Ph.D., is an Indian businessman, the self-made billionaire Founder and Chairman of Wockhardt Group, a leading global biotechnology and pharmaceutical company. His career is rooted in elite science and global management training. He holds a Bachelor's degree in Pharmacy and a Master's degree in Pharmaceutical Science from Purdue University in the United States.

Khorakiwala further secured advanced executive education, attending the Advanced Management Program at Harvard Business School. His career began in the 1960s with his commitment to building a world-class pharmaceutical company focused on research and global strategies.

Career Journey of Habil Khorakiwala


Dr. Habil Khorakiwala founded the Wockhardt Group in the early 1960s. His strategic vision was audacious: transform a small, early-stage organization into a major Indian pharmaceutical company and then a global organization with a strong presence in key global economies like the U.S. and the E.U. Under his leadership, the company grew through a focus on multifaceted research and development (R&D) at its core.

He is known for championing the concept of Change Management and architecting the evolution of a multi-cultural and multi-ethnic organization. He successfully diversified the Group into one of the finest Super Speciality Hospital groups in the country (Wockhardt Hospitals). He served as President of FICCI (Federation of Indian Chambers of Commerce & Industry) from 2006–07. His wealth is tied to the long-term, stable returns generated by the global pharmaceutical and biotechnology sector, and his successful strategic expansion into global markets.

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Habil Khorakiwala's Timeline


1960s (Early):

Founds the Wockhardt Group (Founding).

1992:

Receives the Shiromani Vikas Award for contributions toward National Development from Mother Teresa (Civic Honor).

2004:

Awarded the 'Entrepreneur of the Year' award by Ernst and Young (Industry Recognition).

2006–07:

Serves as President of FICCI (Civic Leadership).

2010:

Receives an Honorary Doctorate from Purdue University (Academic Honor).

Ongoing:

Continues as Founder and Chairman, guiding the global biopharma giant (Executive Oversight).

Major Business Ventures and Investments


Habil Khorakiwala's wealth is concentrated in his founding and controlling ownership of the private pharmaceutical giant, Wockhardt Group.

  • Wockhardt Group (Founder & Chairman): The core private asset, a leading global biotechnology and pharmaceutical company (with $650 million in annual turnover). He leads a team of 7,000 employees globally.
  • Wockhardt Hospitals: The successful diversification into the Super Speciality Hospital group in India.
  • Academic Excellence: He holds a Master's in Pharmaceutical Science from Purdue University and attended the Advanced Management Program at Harvard Business School (AMP).
  • Industry Governance: He is a former President of FICCI (2006–07).

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Philanthropy and Social Impact


Dr. Habil Khorakiwala's social impact is structural, stemming from Wockhardt's role in providing essential pharmaceutical products globally and its massive investment in Super Speciality Hospitals in India, improving healthcare access and quality. The company provides thousands of stable industrial and healthcare jobs.

His personal philanthropy supports various educational and community initiatives. His commitment to National Development was recognized by Mother Teresa in 1992 (receiving the Shiromani Vikas Award), and he is the only non-American and first Indian to receive the Honorary Doctorate from Purdue University's Pharmacy School (2010).

Fashion, Style, and Lifestyle


Dr. Habil Khorakiwala maintains the professional, composed style of a science-executive. His attire is consistently formal and high-quality, favoring tailored suits or traditional Indian business attire. His aesthetic is one of serious authority and stability, reflecting his scientific and executive mastery.

Residing in Mumbai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to research-driven pharmaceutical manufacturing, global strategy, and his commitment to an open and participative management culture.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder and Chairman of Wockhardt Group (biotech and pharmaceuticals).
  • He holds a Master's degree in Pharmaceutical Science from Purdue University.
  • He is the only non-American and first Indian to receive an Honorary Doctorate from Purdue's Pharmacy School.
  • He received the Shiromani Vikas Award from Mother Teresa in 1992.
  • His company successfully diversified into Super Speciality Hospitals.
  • He is a former President of FICCI.
  • His wealth is tied to the long-term, stable growth of the global generic and specialty drug market.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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