|Birth Name:||Kiran Mazumdar-Shaw|
|Date of Birth:||23/03/1953|
|Age:||70 years old|
|Net Worth:||US $1.2 billion|
|Qualification:||Master’s degree in the brewery|
Kiran Mazumdar-Shaw is a prominent Indian entrepreneur who is known best for her work in a biotechnology company based in Bangalore, India named Biocon Limited. Kiran Mazumdar-Shaw net worth is known to have been sourced from her remarkable career as the managing director and the chairman of Biocon Limited. Kiran Mazumdar-Shaw net worth has made her known as one of the world’s most powerful women.
The distinguished and talented, Kiran Mazumdar-Shaw is known best for being the managing director and the chairman of the biotech company, Biocon Limited which is based in India. Kiran Mazumdar-Shaw is known to have won the Othmer Gold Medal for her work in progress of science and chemistry in 2014. Also, she has been time and again named in the world’s most powerful women list by Forbes. Kiran Mazumdar-Shaw has also worked as a philanthropist in the area of health, education, and infrastructure. Kiran Mazumdar twitter account has details of her personal as well as professional life.
Kiran Mazumdar-Shaw was born on 23rd March 1953 in Banglore, Karnataka, India. Kiran Mazumdar-Shaw was born to Gujarati parents from India. She was born to her father Rasendra Mazumdar who worked at United Brewers as head brewmaster. Kiran Mazumdar-Shaw’s father always suggested her to be active in science and especially in fermentation science to become a brewmaster.
Kiran Mazumdar-Shaw education has been attained from Bishop Cotton Girl’s High School based in Bangalore. She went on to graduate in 1968 and eventually went on to attend d Mount Carmel College, Bangalore of Banglore University. While there she graduated with a bachelor’s degree in Zoology in 1973 and specialized in biology and zoology. Kiran Mazumdar-Shaw education in Federation University in Australia took her to choose Malting and Brewing as her course. Eventually, she went on to graduate with a master’s degree in the brewery in 1975. Kiran went on to take training sessions in Carlton and United Breweries. She then joined Barrett Brothers and Burston, Australia as a trainee master.
Kiran Mazumdar-Shaw began her career by working at Jupiter Breweries Limited based in Calcutta as a technical consultant and eventually went on to work for Standard Maltings Corporation, Australia as a technical manager. Kiran Mazumdar-Shaw was discouraged for working in that field because it was considered a man’s job in India.
Kiran Mazumdar-Shaw met the founder of Biocon Biochemicals Limited, of Cork, Ireland, Leslie Auhinloss before she moved to a foreign country for opportunity. Leslie was searching for an Indian entrepreneur to form an Indian subsidiary of their company. Kiran Mazumdar-Shaw thus initiated her work as a trainee manager at Biocon. Eventually, she began the Biocon India in 1978. The startup was set in the garage of her rented house in Bangalore. She initially invested Indian rupees 10000. She eventually established her first factory in a 3000 square foot shed with some financial support.
Kiran Mazumdar-Shaw went onto work with papain which is an enzyme produced from papaya which is used to make the meat tender and isinglass which is used to clarify beer and is obtained from tropical catfish. The company was eventually able to export the product to the US and Europe. Kiran Mazumdar-Shaw then took Biocon to heights with fully equipped technology that went onto focus on diabetes, oncology and auto-immune diseases. Kiran Mazumdar-Shaw went onto form 2 subsidiaries Syngene in 1994 and Clinigene in 2000 which focused on contractual research and development and clinical research trials respectively. The company went onto focus on the discovery of novel enzymes and novel techniques for solid substrate fermentation technology. Biocon went on to be supported by a venture capital fund of US$250,000 from Narayanan Vaghul of ICICI Ventures. Kiran Mazumdar went onto join Biocon Biopharmaceuticals Private Limited with the Cuban Center for Molecular Immunology to market some Biotherapeutics. When Biocon Biochemicals Ireland was acquired by Unilever, it helped Biocon to become a global practice.
Mazumdar went on to list Biocon on the stock market in 2004 and thus became the first Indian company to issue an IPO and became India’s second company to cross $ 1 billion marks on its first day at the IPO.
Biocon eventually got into the development of cholesterol fighting drugs, Statins for affordable innovation. It has also expanded to Yeast expression platforms, auto-immune disease research, treating psoriasis, Anti-EGFR monoclonal antibody and more.
Kiran Mazumdar-Shaw went onto form the Biocon Foundation for expanding its ethical and social wing. Kiran Mazumdar-Shaw has taken the company to work for health sectors by establishing Arogya Raksha Yojana to help disease protection in a joint effort with Narayana Hrudayalaya Hospital. Kiran Mazumdar-Shaw has also formed a cancer care center, the Mazumdar-Shaw Medical Foundation. It is a non-profitable organization with the Mazumdar Shaw Center for Translational Research and Mazumdar Shaw Cancer outreach program supporting it. Kiran Mazumdar-Shaw has also promised to give half of her wealth to philanthropy through The Giving Pledge.
Kiran has also worked for education through Biocon Cell for Innovation Management which helps a multi-year research program. She has also supported the Bangalore Agenda Task Force for infrastructure development. Furthermore, she has also been involved with the Bangalore Political Action Committee (BPAC).
Kiran Mazumdar-Shaw holds the position of the board of governor of the Indian School of Business and held the same position previously for Indian Institute of Technology Hyderabad. She serves the board of Infosys as an Independent Director and is the board of governors of the Indian Institute of Management Bangalore (IIMB).
Kiran Mazumdar-Shaw net worth is known to be the US $1.2 billion as per the reports of 2016. Kiran Mazumdar-Shaw net worth is known to have solely arisen from her company Biocon and also from her various assets. Kiran Mazumdar-Shaw net worth is also sourced from her salary coming out from her work as a chairman and a managing director of Biocon. Kiran Mazumdar net worth is known to increase in the coming years through her future endeavors in the field of science and technology. Kiran Mazumdar-Shaw net worth has made her one of the world’s most powerful women.
Kiran Mazumdar-Shaw age at present is 64. Kiran Mazumdar-Shaw age exceeds her youthful looks. She has long black hair and has a youthful and bubbly face even at this age. Kiran has a hefty and healthy body even after giving birth.
Kiran Mazumdar-Shaw is a married woman. She is married to her husband Scotsman John Shaw. Kiran Mazumdar-Shaw’s husband helped raise $2 million to purchase the outstanding Biocon shares from ICI back in 1998 when the couple got married. John Shaw previously worked at Madura oats as a chairman but left the position to become the vice chairman of Biocon in 2010. Kiran Mazumdar-Shaw and Scotsman John Shaw do not have any children together.
Kiran Mazumdar-Shaw has been honored many times from her remarkable work in the field of science and technology with her company Biocon. Kiran Mazumdar-Shaw has been honored with the Othmer Gold Medal for her contribution in science and chemistry. Also, she has won international awards like Nikkei Asia Prize in 2009, Veuve Clicquot Initiative For Economic Development For Asia’ Award in 2007, and Ernst & Young Entrepreneur of the Year Award for Life Sciences & Healthcare in 2002. Kiran Mazumdar-Shaw net worth has also increased with her postion and responsibilities.
Kiran Mazumdar-Shaw has earned the most prestigious Padma Shri and Padma Bhushan Award in India. She has also won Indian awards like Express Pharmaceutical Leadership Summit Award, Indian Merchants’ Chamber Diamond Jubilee Endowment Trust’s Eminent Businessperson of the Year Award, Indian Chamber of Commerce Lifetime Achievement Award, Corporate Leadership Award, and Karnataka Rajyotsava Award. Kiran has also received the honorary doctorate from Ballarat University. Furthermore, she has been awarded honorary doctorates from University College Cork, Davangere University, University of Abertay, and the University of Glasgow. Shaw has also been listed in Financial Times’s top 50 women in business. Forbes has named Kiran as the 85th most powerful woman in the world in 2015 and in the 77th position in 2016. She was named Global Indian Woman of the Year in 2012 at the Pharmaleaders Pharmaceutical Leadership Summit.
Kiran Mazumdar-Shaw twitter account has 1.22 million followers who keep track of her personal details and her views regarding various global matters. The very talented and renowned Kiran Mazumdar-Shaw bio can be found on various social media sites like Wikipedia, Facebook, Twitter, and more.
A proud moment for me to receive the honorary Doctorate of Science (D.Sc., honoris causa), a coveted recognition from Presidency University pic.twitter.com/IJU9AGdrIK— Kiran Mazumdar Shaw (@kiranshaw) August 21, 2017