Reddy holds a PhD in Synthetic Organic Chemistry and MSc in Organic Chemistry from Osmania University, Hyderabad. His expertise in synthetic chemistry and research excellence have helped Hetero become one of the top generic API firms globally. It is a company that has gained global attention in the manufacture of anti-viral drugs.
Investment in stock market
At the time of submission of nomination papers to the Rajya Sabha, the personal assets of Dr. Reddy had. The traditional wealth inherited from his family is around Rs 5,300 crore. He also has huge assets in his wife’s name. According to the affidavit filed earlier, Partha Sarathy alone has invested Rs 14 crore in various banks and Rs 3,407 crore in Hetero Group shares and other investments. Ekedasa pays Rs 1.35 crore as insurance. 179 crores in mutual funds and 39 crores in other stocks.
According to the IIFL Wealth Hurun India Rich List 2022, Hyderabad-based B Partha Saradhi Reddy and his family are ranked fourth in wealth among Indian pharma entrepreneurs. The total wealth is around Rs 39,200 crore. 50 percent increase in assets last year.
