
Hyderabad: Hyderabad has emerged as one of India’s most important centres of wealth creation, with entrepreneurs across pharmaceuticals, infrastructure, real estate, vaccines, renewable energy and technology building large business empires from the city. In 2026, the city is home to several billionaires and high-net-worth business leaders whose companies have a significant presence in India and global markets.
Based on the latest Forbes 2026 billionaire profiles and real-time net-worth figures available in late July 2026, here is a ranking of the richest individuals whose listed residence is Hyderabad. Since billionaire wealth changes with stock prices and company valuations, these figures should be treated as a snapshot rather than a permanent valuation.
1. Murali Divi – $10.7 billion
Business: Divi’s Laboratories | Pharmaceuticals
Murali Divi is by far the wealthiest Hyderabad-based individual in the latest Forbes data. The founder of Divi’s Laboratories, he built the company from a drug research business into one of the world’s major suppliers of active pharmaceutical ingredients.
Divi’s Laboratories also operates in custom manufacturing for global pharmaceutical companies and nutraceuticals. According to Forbes, nearly 90% of the company’s annual revenue comes from exports, highlighting its strong international footprint.
Forbes puts Murali Divi and his family’s real-time net worth at approximately $10.7 billion, based on its July 26, 2026 snapshot.
2. P.V. Ramprasad Reddy – $3.5 billion
Business: Aurobindo Pharma | Pharmaceuticals
P.V. Ramprasad Reddy is one of the founders of Aurobindo Pharma, one of India’s major pharmaceutical companies. The company was founded in 1986 and has grown from a single manufacturing facility into an international pharmaceutical business.
Aurobindo Pharma manufactures medicines across several therapeutic areas and has a major presence in the US and European markets. Forbes says the company operates dozens of manufacturing facilities and research and development centres serving more than 150 countries.
Forbes lists Ramprasad Reddy’s real-time net worth at approximately $3.5 billion, with the figure recorded on July 24, 2026.
3. B. Partha Saradhi Reddy – $3.2 billion
Business: Hetero Group | Pharmaceuticals
B. Partha Saradhi Reddy is the founder and chairman of Hetero Group, one of India’s prominent pharmaceutical companies. Founded in 1993, Hetero has developed a large portfolio of generic and branded medicines.
The company is particularly known for its work in anti-retroviral medicines, while its broader portfolio covers areas including cancer, immunology and diabetes. Hetero has established a substantial international presence in the generic pharmaceutical market.
Forbes estimates Partha Saradhi Reddy’s real-time net worth at approximately $3.2 billion, based on its July 27, 2026 figure.
4. Surender Saluja – $3.1 billion
Business: Premier Energies | Solar Energy
Surender Saluja is the founder and chairman of Premier Energies, a major manufacturer of solar cells and solar modules. The company has developed several manufacturing facilities in Hyderabad and has become an important player in India’s renewable-energy manufacturing sector.
Premier Energies was listed on the Indian stock exchanges in 2024, with its shares recording a strong debut. The company’s expansion has benefited from India’s growing focus on domestic solar manufacturing and renewable-energy supply chains.
Forbes lists Saluja’s real-time net worth at approximately $3.1 billion, based on its July 26–28, 2026 data.
5. Mahima Datla – $3 billion
Business: Biological E | Vaccines and Pharmaceuticals
Mahima Datla is the managing director of Biological E, Hyderabad’s major privately held vaccine manufacturer. She holds a controlling stake in the company, which was founded in 1953 by her family.
Biological E has developed and manufactured vaccines for several diseases and has an international presence. Its portfolio includes Corbevax, developed in collaboration with Texas Children’s Hospital Center for Vaccine Development and Baylor College of Medicine.
Forbes says Biological E has vaccines pre-qualified by the World Health Organization and exports vaccines to more than 130 countries.
Mahima Datla’s real-time net worth is estimated by Forbes at approximately $3 billion, based on the July 26, 2026 snapshot.
6. Jupally Rameshwar Rao – $2.2 billion
Business: My Home Group | Real Estate and Construction
Jupally Rameshwar Rao is one of Hyderabad’s best-known real estate entrepreneurs and the founder of My Home Constructions. He established the company in 1981, and it has since become one of the prominent residential and commercial property developers in Hyderabad.
My Home’s portfolio includes apartments, villa communities and office developments. The wider My Home Group also has interests in sectors including cement and education.
Forbes currently estimates Rameshwar Rao’s real-time net worth at approximately $2.2 billion, with the figure recorded on July 28, 2026.
7. Satyanarayana Chava – $2.1 billion
Business: Laurus Labs | Pharmaceuticals and Biotechnology
Satyanarayana Chava is the founder and chief executive officer of Laurus Labs, a Hyderabad-based pharmaceutical and biotechnology company.
Chava began Laurus Labs as an R&D-focused company in 2005 after spending two decades in the pharmaceutical industry. The company now supplies pharmaceutical ingredients and products used in treatments for conditions including HIV, cancer, asthma and diabetes.
Forbes estimates Chava’s real-time net worth at approximately $2.1 billion, based on its July 26, 2026 figure.
8. P.P. Reddy – $1.9 billion
Business: Megha Engineering and Infrastructures Ltd | Infrastructure
P.P. Reddy is the founder of Megha Engineering and Infrastructures Ltd (MEIL). He started the business in 1989, initially working on small pipe projects for municipalities before expanding into major infrastructure projects.
MEIL has since built projects across areas including irrigation, dams, natural gas distribution, power generation, roads and other infrastructure. The group has also expanded its activities internationally.
Forbes currently estimates P.P. Reddy’s real-time net worth at approximately $1.9 billion.
9. P.V. Krishna Reddy – $1.9 billion
Business: Megha Engineering and Infrastructures Ltd | Infrastructure
P.V. Krishna Reddy is the managing director of privately held Megha Engineering and Infrastructure and co-founded the business with his uncle P.P. Reddy.
Under the leadership of the Reddy family, MEIL expanded from its early municipal infrastructure work into major projects involving dams, irrigation, power plants, natural gas networks and roads, with projects also extending into international markets.
Forbes lists P.V. Krishna Reddy’s real-time net worth at approximately $1.9 billion, based on its July 27, 2026 snapshot.
10. G.V. Prasad – $1.3 billion
Business: Dr. Reddy’s Laboratories | Pharmaceuticals
G.V. Prasad is the co-chairman and managing director of Dr. Reddy’s Laboratories, one of India’s leading pharmaceutical companies. The company was founded in 1984 by his father-in-law, K. Anji Reddy.
Prasad has played a major role in expanding Dr. Reddy’s Laboratories into international markets and into newer healthcare segments. The company has a significant presence in North America, India and other global markets.
Forbes currently estimates G.V. Prasad’s real-time net worth at approximately $1.3 billion.
Note: Satish Reddy, chairman of Dr. Reddy’s Laboratories and son of founder K. Anji Reddy, is also listed by Forbes at approximately $1.3 billion. This means the 10th position is effectively a tie in the latest available Forbes data.
Why Hyderabad Has Become a Major Wealth-Creation Hub
The composition of Hyderabad’s wealthiest residents highlights the city’s changing economic profile. Pharmaceuticals remain the strongest wealth-creation sector, with Divi’s Laboratories, Aurobindo Pharma, Hetero, Biological E, Laurus Labs and Dr. Reddy’s Laboratories all represented among the city’s wealthiest business leaders.
At the same time, Hyderabad’s infrastructure and real estate sectors have produced billion-dollar fortunes through companies such as MEIL and My Home Group. The rapid expansion of renewable-energy manufacturing has also added a new dimension through Premier Energies.
Hyderabad’s large talent pool, established pharmaceutical ecosystem, expanding infrastructure, growing technology sector and increasing investment in manufacturing have helped the city become one of India’s important centres for private wealth creation.
How the 2026 Ranking Was Compiled
This ranking uses the latest Forbes real-time net-worth figures available for Hyderabad residents in late July 2026. The figures are not the same as the static wealth figures published in Forbes’ annual India billionaires list, because real-time estimates can change with share prices and company valuations.
Forbes’ profiles were also checked for each individual’s listed residence. This is important because several wealthy entrepreneurs have major Hyderabad business interests but are officially listed as residents of other cities. For example, Forbes lists G.M. Rao as a Bengaluru resident and Prathap Reddy as a Chennai resident, so they have not been included in this Hyderabad-resident ranking.
Other rich lists, including Hurun, may produce different rankings because they use different valuation dates and methodologies. Hurun’s 2026 Global Rich List, for example, calculates wealth using a snapshot dated January 15, 2026. Therefore, Forbes’ later July real-time figures are used consistently throughout this ranking.
Hyderabad’s Billionaire Landscape
From pharmaceuticals and vaccines to infrastructure, real estate and renewable energy, Hyderabad’s wealthiest residents represent several of the sectors driving Telangana’s economic growth. Their businesses operate not only in India but also across global markets, making Hyderabad an increasingly important base for companies with international ambitions.
With continued investment in pharmaceuticals, life sciences, data centres, technology, infrastructure, renewable energy and commercial real estate, Hyderabad’s wealth-creation ecosystem is likely to remain an important part of Telangana’s economic story in the years ahead.
Net-worth figures in this article are estimates published by Forbes and can change daily with market movements, exchange rates and changes in private-company valuations. The ranking is based on the latest Forbes figures verified for July 2026 and should not be interpreted as an official government or city ranking.