Adar Poonawalla, CEO of the Serum Institute of India (SII), has acquired 50% ownership of Dharma Productions, the film company led by Karan Johar. Through a ₹1,000 crore investment by his Sirin Productions, Poonawalla now holds an equal stake in Dharma, valued at ₹2,000 crore. This collaboration aims to create diverse content, expanding the reach of Dharma Productions beyond Bollywood films.
Who is Adar Poonawalla?
Adar Poonawalla heads the Pune-based SII, the world’s largest vaccine producer. He also chairs Poonawalla Fincorp, a non-banking financial company. Adar comes from a wealthy family—his father, Cyrus S. Poonawalla, is among India’s richest individuals. Adar is married to Natasha Poonawalla, executive director of SII, and they have two children.
Adar Poonawalla’s Net Worth
With immense wealth, Poonawalla owns properties and luxury items that outshine many Bollywood celebrities. His net worth stands at ₹1.07 lakh crore, according to reports. Last year, he purchased a lavish London home worth ₹1,446 crore, making it one of the most expensive houses in the city. His car collection includes several luxury vehicles, including a Rolls-Royce.
The ₹1,000 Crore Investment in Dharma Productions
Adar Poonawalla’s friendship with Karan Johar and his wife Natasha’s close relationship with Johar have played a role in this high-profile business collaboration. The ₹1,000 crore investment gives Poonawalla equal ownership of Dharma Productions, one of Bollywood’s biggest film companies. This partnership will likely diversify the studio’s content, leveraging Poonawalla’s business acumen and Johar’s creative expertise.