Horse Sense

Karmali, Naazneen
November 2007
Forbes Asia;11/26/2007, Vol. 3 Issue 20, p48
The article features Cyrus Poonawalla, founder and chairman of vaccine maker Serum Institute of India Ltd., who is included in the list of India's 40 Richest. He is better known for his family's old ties to the nation's horse racing circuit. His family's Poonawalla Stud Farms, started by his late father and now run by him and his younger brother Zavary. He owns almost 100 percent of Serum and has gotten very rich making cheap vaccines for the world's poor. "Forbes Asia" estimates his fortune at $3.1 billion, ranking him 22 among India's 40 Richest.


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