LeaderPortfolio
Khorakiwala
Habil Khorakiwala
Rank #2434
INDIAHealthcarepharmaceuticals

Habil Khorakiwala

Net Worth
$1.649B
+1.88% (24h)
Habil Khorakiwala, born in 1942, is the founder and chairman of Wockhardt, a leading Indian pharmaceutical and biotechnology company. With a current estimated net worth of $1.2 billion, Khorakiwala's wealth stems from his pioneering work in the pharmaceuticals industry. His career began in 1967 when he founded Wockhardt, growing it into a global enterprise. His achievements include launching innovative drugs like PROXYVON and BIOVAC-B. He is known for his commitment to philanthropy and his role as an honorary consul general of Sweden in Mumbai.

How to read Habil Khorakiwala's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Habil Khorakiwala, we anchor the narrative to Pharmaceuticals and pharmaceuticals, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.649B alongside global rank #2434, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Habil Khorakiwala was born in Bombay (now Mumbai) in 1942, into a Dawoodi Bohra family. His father, Fakhruddin T. Khorakiwala, founded the Akbarallys retail chain and was also the former Sheriff of Mumbai.

Rise to Success

Khorakiwala's journey began after he graduated with a pharmacy degree from L.M. College in Ahmedabad and later earned a Master's degree in Pharmaceutical Science from Purdue University, USA. He also attended the Advanced Management Programme at Harvard Business School. In 1967, he founded Wockhardt, transforming it from a small firm into a leading pharmaceutical and biotechnology conglomerate.

Key Business Strategies

Under Khorakiwala's leadership, Wockhardt expanded its operations globally, focusing on research and development. The company has multiple manufacturing facilities and research centers. Key innovations include the launch of PROXYVON, India's first pain management combination drug, and BIOVAC-B, the country's first recombinant hepatitis B vaccine.

Philanthropy

Khorakiwala has been actively involved in philanthropic initiatives through the Wockhardt Foundation. The foundation has touched the lives of millions through its various medical and social programs. He has also been appointed as the Chancellor of Jamia Hamdard University.

Career Timeline

2014

Chancellor of Jamia Hamdard University

Appointed as the Chancellor of Jamia Hamdard University.

2010

Honorary Doctorate from Purdue University

Awarded an honorary Doctor of Pharmacy degree by Purdue University.

2000

Launched BIOVAC-B

Launched BIOVAC-B, the first recombinant product in India.

1972

Launched PROXYVON

Launched PROXYVON, the first combination formulation in pain management in India.

1967

Founded Wockhardt Limited

Established Wockhardt, which grew into a global pharmaceutical and biotechnology company.

Philanthropic Impact

HealthcareUndisclosed

Wockhardt Foundation

The Wockhardt Foundation runs mobile healthcare units delivering free primary healthcare to rural India.

Key Business Ventures & Holdings

CompanyStakeValue
Wockhardt49.10%

Net Worth History

In-Depth Analysis

Early Life

Habil Khorakiwala was born in Bombay (now Mumbai) in 1942, into a Dawoodi Bohra family. His father, Fakhruddin T. Khorakiwala, founded the Akbarallys retail chain and was also the former Sheriff of Mumbai.

Rise to Success

Khorakiwala's journey began after he graduated with a pharmacy degree from L.M. College in Ahmedabad and later earned a Master's degree in Pharmaceutical Science from Purdue University, USA. He also attended the Advanced Management Programme at Harvard Business School. In 1967, he founded Wockhardt, transforming it from a small firm into a leading pharmaceutical and biotechnology conglomerate.

Key Business Strategies

Under Khorakiwala's leadership, Wockhardt expanded its operations globally, focusing on research and development. The company has multiple manufacturing facilities and research centers. Key innovations include the launch of PROXYVON, India's first pain management combination drug, and BIOVAC-B, the country's first recombinant hepatitis B vaccine.

Philanthropy

Khorakiwala has been actively involved in philanthropic initiatives through the Wockhardt Foundation. The foundation has touched the lives of millions through its various medical and social programs. He has also been appointed as the Chancellor of Jamia Hamdard University.

Data Sources & Methodology

Figures for Habil Khorakiwala are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.