Dr. Murali K. Divi — founder and Managing Director of Divi’s Laboratories — is the richest man in Hyderabad in 2024. According to the Hurun Global Rich List 2024, the 73-year-old entrepreneur has a staggering net worth of $7 billion (approximately Rs 58,395 crore).
The billionaire businessman’s famed legacy is being carried forward by his children and Divi’s Laboratories scions; son Dr. Kiran S. Divi and daughter Nilima Prasad Divi. While Murali Divi and Kiran Divi are PhD holders, Nilima Divi specifically comes equipped with extensive commercial acumen…
Meet Murali Divi’s daughter and businesswoman Nilima Divi
Nilima Prasad Divi is the daughter of Hyderabad’s richest man Murali Divi and a successful businesswoman. She serves as the Whole-Time Director – Commercial at Divi’s Laboratories, a multinational pharmaceutical company that went public with its IPO in 2003. According to Forbes, Divi’s Laboratories’ annual revenue stands at $965 million (approximately Rs 8,049 crore), as 90% of it comes from exports.
As the Whole-Time Director – Commercial at the Hyderabad-based company, Nilima Divi administers all aspects of Material Sourcing and Procurement, Corporate Finance, and Investor Relations. On the other hand, her brother Kiran Divi is also on the company board as a Whole-Time Director while serving as the CEO at Divi’s Laboratories.
Divi’s Laboratories, according to their company website and Forbes, is amongst the Top 3 API (active pharmaceutical ingredients) manufacturers in the world. The multinational firm also dabbles in custom synthesis manufacturing for big pharma companies and produces nutraceuticals.
Nilima Divi’s educational qualifications
Just like her father and brother, Nilima Divi has a strong educational background. She holds a Master’s Degree in International Business from GITAM Institute of Foreign Trade in India and a Master’s Degree in International Finance from Glasgow University in the UK.
Nilima Divi’s expensive possessions in Hyderabad
While Nilima Divi’s net worth isn’t publicly available, she enjoys a luxurious lifestyle. The entrepreneur recently purchased two lavish properties in Jubilee Hills, an affluent suburban neighbourhood in Hyderabad.
According to Moneycontrol, Nilima Divi shelled out Rs 80 crore, for both properties. Each plush property sprawls across 11,043 sq ft of area, while the agreement was finalised on May 2, 2024. Many prominent South Indian celebrities own luxe homes in Jubilee Hills including Mahesh Babu, Prabhas and Allu Arjun, to name a few.
