Although corona exposure affects the general public to the super-rich, it is safe to say that the corona period was a jackpot for some. In particular, Mukesh Ambani, President of Reliance Industries in India, and Jeff Bezos, President of Amazon in the United States.
Although the value of Mukesh Ambani’s property has increased many times over during this corona period, the growth scale is a bit low compared to ‘him’.
Yes, Kiran Masumdar, India’s 2nd richest woman, has achieved unprecedented growth in India during this Corona era. The property value of Kiran Masumdar has doubled during this lockdown period due to corona damage.
Kiran smirked
Kiran Masumdar is the founder of Biocon, India’s leading pharmaceutical manufacturer and retailer, the largest empire that manufactures pharmaceutical products in India and sells them in about 120 countries around the world.
Kiran Masumdar, 67, is the 2nd richest woman in India. His net worth in 2019 was just $ 2.38 billion, and by 2020 it has grown exponentially to $ 4.6 billion.
Kiran Masumdar’s property value has grown by 93.28 per cent in just one year.
$ 500
Created by Kiran Masumdar, one of the 5 female billionaires in India 42 years ago with 2 employees at a mere $ 500 investment, the Biocon Empire is today one of the largest pharma companies in the country.
$ 1 billion
Biocon, a company formed by Kiran Masumdar, was listed on the stock exchange in 2014 on the path of continuous growth overcoming many obstacles. In the first day of trading, Biocon touched the $ 1 billion mark.
Today, Biocon has risen to $ 5 billion in market value, overcoming various competition, ups and downs over the past 10 years.
100 percent growth
Shares of Biocon, which traded at just Rs 233 on October 9, 2019, rose 100 per cent to Rs 472 on October 8, 2020.
The stock ended 3.76 per cent lower at Rs 451.50 in today’s trade.
Corona
Kiran Masumdar’s Biocon is currently in the process of finding a vaccine for the corona that is terrorizing the country.
Meanwhile, on August 16, Kiran Masumdar was diagnosed with corona-wall and returned home after 15 days of treatment.
India
According to the Huron Rich List study, India is the third richest country in the world, followed by the United States and China.
And despite India’s economy and the rupee depreciating by 2020, the number of rich people in India has doubled
The new rich
About 828 people are listed as having assets worth over Rs 1000 crore in India by 2020. Of these, 162 are new to the list. The total assets of these 828 people are worth $ 828 billion, which is one-third of India’s GDP ..!
