Adar Poonawalla, son of India’s vaccine billionaire Cyrus Poonawalla, has recently made a Rs. 1,000 crore investment in Dharma Productions and is now entitled to a 50% stake in Karan Johar’s production house. Adar Poonawalla is the CEO of the Serum Institute of India and his family’s legacy in the business world has built them great wealth for generations to come. According to the Hurun List, Serum Institute of India’s Cyrus Poonawalla slipped by one notch to the fourth position with a net worth of Rs 2.89 lakh crore in 2024.
Adar Poonawalla holds a degree in biotechnology and management from the University of Westminster. He played a key role in the leadership of the company after he became the CEO of The Serum Institute of India in 2011. His wealth is estimated at ₹1.83 lakh crore according to Forbes. His wife, Natasha Poonawalla who acts as the Executive Director of the Serum Institute of India, is also the CEO of Pune-based SII. She is also the chairperson of her family’s foundation Villoo Poonawalla Foundation which focuses on philanthropic causes like healthcare, education, environment conservation and cleanliness, etc. She holds a Master of Science degree in Organisational Behaviour from the London School of Economics.
The Lincoln House is an abode to the entire Poonawalla family in Mumbai. The house was purchased in 2015 from the US government and is located in Mumbai’s Breach Candy Area. This opulent mansion was purchased by the Serum Institute of India owner for approximately Rs 934 crores. Adar Poonawalla and his wife, Natasha Poonawalla live in Adar Abad Poonawalla House in Pune which is their permanent residence. In 2023, Adar made a purchase worth 138 million pounds (Rs. 1,400 crores) of a mansion in London’s Mayfair, the Aberconway House.
Adar Poonawalla has an expensive choice when it comes to cars. His collection includes mechanical beauties like the Chevy Corvette, Lamborghini, Ferrari, Bentley, Rolls Royce, etc is a collection to admire. According to Forbes, the Poonawalla family’s assets include a stake in the Ritz-Carlton hotel in Pune and another major stake in listed financial services firm Poonawalla Fincorp.