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Mustafa Hamied

Mustafa Hamied

M. Hamied
-0.34% | - $-3.93M
$1.14 B ₹ 10,367 Cr
Real Time Net Worth #3000 Ranking as of 21 Feb 2026 By Forbes

More on Mustafa Hamied

Gender

Male

Age

84Y

Country

India

Born On

January, 1942

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Cipla

Titles

Non-Executive Director

Sources of Wealth

Cipla

Industry

Pharmaceuticals, Healthcare

About Mustafa Hamied


M ustafa Hamied is an Indian pharmaceutical executive and a major shareholder in Cipla, one of India's oldest and most respected pharmaceutical companies. He is the younger brother of Yusuf Hamied, the company's non-executive chairman and the visionary leader who built Cipla into a global powerhouse. The company was founded by their father, Khwaja Abdul Hamied, in 1935.

While his older brother Yusuf was the scientific and strategic genius, Mustafa played a crucial role in the company's commercial and operational side, serving as the joint managing director for many years. He was instrumental in building Cipla's strong domestic and international sales and distribution networks. Together, the brothers championed the cause of providing low-cost, life-saving generic drugs to developing countries, famously offering AIDS medications to Africa for a fraction of the price charged by Western pharmaceutical giants. He has since retired from an executive role but remains on the board, and his family's stake in the company is the source of his wealth.

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Quick Reads


  • A major shareholder in the Indian pharmaceutical company Cipla.
  • His father, Khwaja Abdul Hamied, founded the company in 1935.
  • His older brother, Yusuf Hamied, is the company's longtime leader and chairman.
  • Served as the joint managing director of Cipla for many years.
  • Helped build Cipla's commercial and distribution operations.

Early Life and Background


Mustafa Hamied is an Indian businessman, the billionaire Co-owner and a former executive of Cipla Limited (NSE: CIPLA), one of India's largest and most influential pharmaceutical companies. His wealth is generational, tied to the industrial empire founded by his father, Dr. Khwaja Abdul Hamied, in 1935.

Hamied's career is rooted in chemical engineering and pharmaceutical manufacturing. He holds a degree in Chemical Engineering from a major Indian university. His philosophical approach centers on quality, R&D intensity, and long-term asset hold in the essential pharmaceutical sector.

  • Cipla Limited (Co-owner & Former Executive): The core publicly traded asset, a global leader in generic drugs, respiratory treatments, and APIs (Active Pharmaceutical Ingredients).
  • Pharmaceutical Focus: His success is built on scale manufacturing and R&D in essential therapeutic areas.
  • Family Governance: He and his siblings control a substantial stake in the publicly traded company.
  • Philanthropy: The family is actively involved in philanthropic endeavors that support education and community welfare.

Career Journey of Mustafa Hamied


Mustafa Hamied's strategic leadership involved managing the immense Cipla empire. His structural contribution is tied to the successful generational transition and professionalization of the Indian pharmaceutical sector. Cipla's strategic genius lies in its commitment to reverse engineering drugs and providing affordable generics globally (a key contribution to global public health). His wealth is secured by the colossal, long-term, stable profitability of the global generic drug and healthcare sector.

He maintains a notably private profile, adhering to the discretion often favored by the Indian corporate elite.

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Mustafa Hamied's Timeline


1970s (approx.):

Graduates with a degree in Chemical Engineering (Academic Achievement).

1980s (approx.):

Mustafa Hamied assumes an executive role in the family business (Executive Ascent).

Ongoing:

Cipla successfully executes its IPO and expands its global footprint (Financial Milestone).

Ongoing:

Continues as a major family shareholder, guiding the long-term strategy (Executive Oversight).

Major Business Ventures and Investments


Mustafa Hamied's wealth is concentrated in his family's controlling stake and former executive leadership role in the publicly traded pharmaceutical giant, Cipla Limited (NSE: CIPLA).

  • Cipla Limited (Co-owner & Former Executive): The core publicly traded asset, a global leader in generic drugs, respiratory treatments, and APIs (Active Pharmaceutical Ingredients).
  • Pharmaceutical Focus: His success is built on scale manufacturing and R&D in essential therapeutic areas.
  • Family Governance: He and his siblings control a substantial stake in the publicly traded company.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and catering to the massive Indian consumer growth story.

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Philanthropy and Social Impact


Mustafa Hamied's social impact is structural, stemming from Cipla's role in providing essential, affordable medicines and APIs to millions globally. The company contributed significantly to global public health by pioneering generic anti-HIV drugs (a major humanitarian act). His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful generational transition and professionalization of a critical Indian pharmaceutical asset.

Fashion, Style, and Lifestyle


Mustafa Hamied maintains the professional, composed style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital industrial sector.

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 industrial scale, technological innovation, and the long-term, stable growth of the pharmaceutical supply chain.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a Co-owner and former executive of Cipla Limited (pharmaceuticals).
  • His family's company was founded in 1935 by his father, Dr. K. A. Hamied.
  • Cipla is famous for pioneering affordable generic anti-HIV drugs.
  • He holds a degree in Chemical Engineering.
  • His fortune is tied to the successful generational management and stability of the generic drug sector.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes quality and industrial scale.

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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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