Billionaire Profile
Chirayu Amin
Global Rank
#2019

Image: Public domain | via Wikimedia Commons

Chirayu Amin

CEO, Alembic Pharmaceuticals Ltd.
IN
Real-Time Net Worth
$1.7B
As of December 2025
Age
79
Source
Pharmaceuticals
Industry
healthcare
Citizenship
IN

Biography

Chirayu Amin is an Indian billionaire businessman with a net worth of $1.7 billion (as of October 2025). He is primarily known for his leadership as Chairman and Managing Director of Alembic Pharmaceuticals Ltd. and the Alembic Group, which has its roots in the pharmaceutical industry since 1907. His career spans both the business and sports worlds, having served as the chairman of the Indian Premier League (IPL) and vice president of the Board of Control for Cricket in India (BCCI). He holds an MBA degree and has received a lifetime achievement award from the Federation of Gujarat Industries (FGI).

Wealth Over Time

In-Depth Profile

Early Life and Education

Chirayu Amin was born on December 4, 1946, in Vadodara, Gujarat, into a family deeply involved in the pharmaceutical sector. His grandfather founded Alembic in 1907, marking the beginning of one of India's earliest pharmaceutical enterprises. Amin received a Bachelor's degree in arts or science from Maharaja Sayajirao University of Baroda. He then pursued a Master of Business Administration at Seton Hall University in the United States.

Rise to Success

Amin's career is marked by significant contributions to the pharmaceutical industry and cricket administration. He is the Chairman and Managing Director of Alembic Pharmaceuticals Ltd. and Alembic Group. Under his leadership, Alembic has grown significantly within the pharmaceutical market. He has led the company through the changing needs of modern-day business while keeping its legacy intact.

Key Business Strategies

Amin has been instrumental in the expansion of Alembic Pharmaceuticals. The company has focused on product development, process chemistry, and the manufacture of complex formulations. Alembic Pharmaceuticals has expanded its presence in international markets and maintained a strong focus on community welfare through associated charitable trusts.

Philanthropy

Amin is also involved in charitable work and has made contributions to various social issues.

Career Milestones

1967

Joined Alembic Group

Began his career with the Alembic Group.

2010

Chairman of the Indian Premier League

Served as interim Chairman of the Indian Premier League.

2021

Lifetime Achievement Award

Awarded a lifetime achievement award by the Federation of Gujarat Industries (FGI).

Controversies & Challenges

2018

FEMA Contraventions Allegations

The Enforcement Directorate (ED) issued show-cause notices to firms linked to the family for alleged Foreign Exchange Management Act (FEMA) contraventions related to unrepatriated foreign investments.