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Billionaire Profile
Basudeo Singh
Global Rank
#1614

Image: Public domain | via Wikimedia Commons

Basudeo Singh

CEO, Alkem Laboratories
IN
Real-Time Net Worth
$2.4B
As of December 2025
Age
85
Source
Pharmaceuticals
Industry
healthcare
Citizenship
IN

Biography

Basudeo Singh, at 85 years old, is the Executive Chairman of Alkem Laboratories, a leading Indian pharmaceutical company. With a net worth of $2.4 billion, Singh's wealth stems from his involvement in the pharmaceuticals industry. His career began with an academic background, which transitioned into a successful entrepreneurial journey. Alkem Laboratories, co-founded with his cousin Samprada Singh, has grown to become a major player in the global pharmaceutical market. Singh's leadership and strategic vision have been instrumental in the company's growth and success, with Alkem Laboratories having a market cap of over $45 billion.

Wealth Over Time

In-Depth Profile

Early Life

Basudeo Singh was born in 1932 in Bihar, India. He initially pursued a career in academia, working as a professor. Singh graduated from Patna University with a Master of Arts degree. His early life was marked by a focus on education and a desire to excel.

Rise to Success

Singh's career took a turn when he partnered with his cousin, Samprada Singh, to enter the pharmaceutical industry. Together, they founded Alkem Laboratories in 1973 in Mumbai with an initial investment of Rs 5 lakh. Under Singh's leadership, Alkem Laboratories launched a drug called Taxim, an anti-infective product, which marked a breakthrough and propelled the company's growth. The company went public in 2015.

Key Business Strategies

Key business strategies included a focus on quality, innovation, and a global vision. Alkem Laboratories developed a portfolio of over 800 brands and expanded its operations to multiple countries. Singh's leadership fostered a culture of collaboration and support, which was critical to Alkem's success. The company has 19 factories across India and the U.S.

Philanthropy

Basudeo Singh is deeply committed to giving back to the community, supporting initiatives aimed at healthcare, education, and social welfare.

Career Milestones

1962

Entered Pharma Distribution

Basudeo Singh and Samprada Singh started a pharmaceutical distribution business.

1973

Founded Alkem Laboratories

Founded Alkem Laboratories with Samprada Singh, which marked the beginning of their manufacturing journey.

1984

Revenue Milestone

Alkem Laboratories reached a revenue of Rs 10 crore.

2015

IPO

Alkem Laboratories completed an Initial Public Offering (IPO).

2016

EY Entrepreneur of the Year

Basudeo Singh was named 'EY Entrepreneur of the Year in Life Sciences'.

2018

Chief Mentor of the Year

Named 'Chief Mentor of the Year' by the Indian Drug Manufacturers' Association.

2019

Revenue Milestone

Alkem Laboratories crossed a revenue milestone of $1 billion.

Philanthropy & Social Impact

Healthcare

Healthcare Initiatives

$XB

Supports initiatives aimed at healthcare.

Education

Education Support

$XB

Supports initiatives aimed at education.

Social Welfare

Social Welfare

$XB

Supports initiatives aimed at social welfare.

Business Philosophy & Leadership

Notable Quotes

""Yet miles to go. Yet a lot to be done.""

Leadership Principles

Visionary Leadership

Singh's ability to look ahead and strategically guide Alkem Laboratories.

Commitment to Excellence

A relentless pursuit of high standards in all aspects of the business.

Fostering Innovation

Encouraging the development of new products and processes.

Integrity and Ethics

Building a culture of transparency and ethical conduct within the organization.