P.V. Ramprasad Reddy is an Indian businessman and entrepreneur who has a net worth of $2.3 billion. P.V. Ramprasad Reddy co-founded the generic company Aurobindo Pharma in 1986 with his brother-in-law. Shares of the company more than doubled in 2014 after the U.S. FDA lifted an import ban which was imposed in 2011.
The company has its sights set on becoming one of the Top 10 generic players in Europe by 2016. It took over operations of Irish company Actavis in 2014 and Aurobindo’s US operations bought Natrol which makes nutritional supplements for $132 million. P.V. Ramprasad Reddy is married with two children and lives in Hyderabad, India.
| Net Worth: | $2.3 Billion |