Cyrus Poonawalla net worth: Founder of the Serum Institute of India, Cyrus Poonawalla is the largest vaccine maker in the world. With a $21.5 billion net worth, he is India’s second-biggest healthcare mogul after Sun Pharma’s Dilip Sanghvi. Apart from the firm’s staggering production strength, he also owns a majority stake in the listed financial services firm Poonawalla Fincorp and The Ritz-Carlton hotel in Pune.
The ninth-ranked billionaire of India, Cyrus Poonawalla‘s son, Adar, was featured in Forbes Asia’s Heroes of Philanthropy list. They also handheld the production of Covishield, the vaccine developed by AstraZeneca and Oxford University, during the COVID-19 pandemic.
Here’s a look at the billionaire’s lavish real estate empire.
Palatial homes to commercial investments
One of the most lavish and storied real estate empires, Poonawalla blends opulence with luxury with his palatial homes and strategic property deals. With global presence, Cyrus Poonawalla bought the iconic mansion in London‘s Grosvenor Square for £42 million (Rs 440 crore). Called the Aberconway House, this Mayfair property is often used as a company guesthouse and for hosting events. It was the first of two properties purchased in the area under the family name.
Lincoln House, Mumbai – Valued at nearly Rs 750-934 crore, Cyrus Poonawalla’s Mumbai property spans across 50,000 square feet. The mansion is located in Breach Candy and was originally built for the Maharaja of Wankaner, later the U.S. Consulate, and is recognised for its Indo-Saracenic architecture and expansive sea-facing grounds.
Since the family’s primary residence remains in Pune, they own a 22-acre estate in the city. Decorated with exuberant interiors and lavish facilities, it has often come under the scrutiny of legal disputes, family issues, and state authorities. The estate is also said to have world-class stables. The several office spaces in Pune span across the Cerebrum IT Park and the Marigold Complex.
Cyrus Poonawalla’s Real Estate Empire
Luxurious lifestyle indulgences
Often called the luxury car collector, Cyrus Poonawalla is one of India’s top collectors of Rolls-Royce cars, including custom limousines and the newest Phantom models. The patriarch is the owner of a Rolls-Royce Silver Spur, which is just one of the many logos flashing in the family garage. As per other reports, Adar Poonawalla owns a Rolls-Royce Phantom VIII, a popular billionaire car.
