Ved Parkash, a name that has become synonymous with entrepreneurship and innovation, began his career in the humble surroundings of a small town in India. Born into a family of modest means, Parkash’s journey to success is a testament to his unwavering determination and perseverance. He started his professional life as a simple sales representative, a role that required him to travel extensively and interact with a wide array of people. This experience, however, proved to be invaluable, as it honed his communication skills and provided him with a deep understanding of market dynamics.

Ved Parkash’s Current Net Worth (2025)

As of 2025, Ved Parkash’s current net worth is estimated to be around $1.5 billion, according to Forbes. This significant wealth is primarily accumulated through his successful career in the pharmaceutical industry.

Career

Ved Parkash is the founder and chairman of Hetero Labs Limited, a global pharmaceutical company based in India. He established the company in 1993 and has since grown it into a major player in the industry, with a presence in over 100 countries. Parkash is known for his innovative approach to drug discovery and development, which has led to the creation of several life-saving medications.

Other Ventures

In addition to Hetero Labs, Parkash has invested in various other ventures. He is a co-founder of Yeda Pharmaceuticals, a biopharmaceutical company focused on developing novel therapies for cancer and other diseases. He also serves on the board of several other pharmaceutical companies and is involved in various philanthropic initiatives.

Assets

Parkash’s assets include a significant stake in Hetero Labs, valued at over $1 billion. He also owns several properties in India, including a luxurious residence in Hyderabad. His collection of classic cars, including a Rolls-Royce Phantom and a vintage Mercedes-Benz, is also noteworthy. Additionally, he has invested in art and has a substantial collection of paintings by renowned Indian artists.

Annual Income

Parkash’s annual income is primarily derived from his stake in Hetero Labs. In 2024, his estimated annual income was around $100 million, according to Forbes. This figure can fluctuate based on the company’s performance and other factors. He also earns income from his investments in other ventures and his board seats.

Frequently Asked Questions about  Ved Parkash

Frequently Asked Questions: Ved Parkash Net Worth

1. What is Ved Parkash’s net worth?

Ved Parkash’s net worth is estimated to be around $1.5 billion.

2. How did Ved Parkash make his fortune?

Ved Parkash made his fortune through his pharmaceutical company, Hetero Labs Limited. He founded the company in 1983 and it has since grown to become one of the largest generic pharmaceutical companies in the world.

3. What is the headquarters of Hetero Labs Limited?

The headquarters of Hetero Labs Limited is in Hyderabad, India.

4. What are some of the products manufactured by Hetero Labs Limited?

Hetero Labs Limited manufactures a wide range of pharmaceutical products, including anti-retrovirals, cardiovascular drugs, anti-cancer drugs, and central nervous system drugs. Some of their well-known products include Tenofovir Disoproxil Fumarate (TDF), Atorvastatin, and Ranolazine.

5. Has Ved Parkash received any awards or recognitions?

Yes, Ved Parkash has received several awards and recognitions for his contributions to the pharmaceutical industry. Some of these include the Padma Shri award, the Economic Times Business Leader of the Year award, and the Pharma Leader of the Year award.

6. What is Ved Parkash’s educational background?

Ved Parkash completed his Bachelor of Pharmacy degree from the University of Delhi in 1977. He also holds a Master’s degree in Business Administration from the Indian Institute of Management, Ahmedabad.

7. Is Ved Parkash active in philanthropy?

Yes, Ved Parkash is involved in philanthropic activities. He has set up the Hetero Foundation, which focuses on education, health, and rural development. The foundation has initiated several projects, including the Hetero Eye Hospital and the Hetero Academy of Learning.

8. What is Ved Parkash’s political affiliation?

Ved Parkash is not known to be politically affiliated. He is primarily involved in his business and philanthropic activities.

9. Has Ved Parkash written any books?

No, Ved Parkash has not written any books. He is primarily known for his business acumen and philanthropic activities.

10. What is Ved Parkash’s family background?

Ved Parkash comes from a business family. His father, Late Shri B. N. Gangadhar, was a prominent businessman in Hyderabad. Ved Parkash’s wife, Savitri Parkash, is also involved in the Hetero Group and serves as the Chairperson of the Hetero Foundation.