Sudhir Mehta

Net Worth

$7.149B

-0.59% (24h)

Sudhir Mehta, born in 1954, is an Indian billionaire businessman and the Chairman Emeritus of the Torrent Group, a diversified conglomerate with major interests in pharmaceuticals and power. His journey in the family business began in the early 1970s, under the guidance of his father, U.N. Mehta, the founder of Torrent Group. Mehta played a pivotal role in expanding the company and diversifying into the power sector. His estimated net worth is $7.3 billion, and his wealth stems from his holdings in pharmaceuticals and power. Mehta's career is marked by his strategic vision and leadership, transforming the Torrent Group from a modest pharmaceutical venture into a multinational powerhouse. He is also known for his philanthropic endeavors.

The Full Dossier

Early Life

Sudhir Uttamlal Mehta was born in Ahmedabad, Gujarat, India, in 1954, into a Gujarati Jain family. His father, Uttambhai Nathalal Mehta (U. N. Mehta), established Trinity Laboratories in 1959, which was later rebranded as Torrent Pharmaceuticals. Sudhir received his bachelor's degree in science from Gujarat University in 1974. He also studied at DePauw University and the University of Chicago.

Rise to Success

Mehta joined the family business in the early 1970s, learning the intricacies of the pharmaceutical industry from his father. He played a key role in expanding Torrent Group, spearheading the commissioning of the first manufacturing facility in Ahmedabad and securing the company's inaugural export order to Russia. Under his leadership, the group diversified into the power sector through strategic acquisitions. In 2014, he transitioned to Chairman Emeritus, focusing on strategic oversight.

Key Business Strategies

Sudhir Mehta focused on expanding Torrent's international presence, driving growth in markets like Brazil, Russia, and Europe, and establishing multiple manufacturing plants. He emphasized innovation and timely execution in India's energy and healthcare sectors. He led the group's diversification into the power sector through acquisitions, and Torrent Gas was launched in 2018, becoming one of India's top city gas distribution companies.

Philanthropy

In 2024, Sudhir and his brother Samir pledged ₹5,000 crore (approximately $600 million) to the UNM Foundation over five years, honoring their father. This commitment focuses on community healthcare, education, environmental regeneration, and arts and culture.

Career Timeline

2024

Pledged Rs 5,000 Cr to Philanthropy

Committed to donating approximately $600 million to the UNM Foundation over five years.

2014

Transitioned to Chairman Emeritus

Focused on strategic oversight within the Torrent Group.

1998

Became Chairman of the Torrent Group

Took over as chairman after his father's passing, spearheading significant expansions.

1970s

Joined Torrent Pharmaceuticals

Began working in the family business, learning under his father, U.N. Mehta.

Philanthropic Impact

Healthcare, Education, Environment, Arts and Culture$0.6B

UNM Foundation

Focusing on healthcare, education, environmental regeneration, and arts and culture.