Adar Poonawalla also known as Vaccine Prince has some of the sizzling luxurious assets .
The 39-year-old chose the latter and went on a deal-making frenzy, which has put the privately held firm at the forefront of the global race to develop a Covid-19 vaccine, he says in a telephone interview in late September from the company’s Pune headquarters, the latest of two interviews for this article. His father, Cyrus Poonawalla, worth $11.5 billion, founded the Serum Institute in 1966 and remains its chairman. “It’s a huge personal risk I am taking,” says Poonawalla. The firm, he says, is investing $800 million to help find, and then produce, a vaccine, and has already spent $300 million of that. The Serum Institute of India dispatched over 56 lakh doses to several cities across India. While reading about this, we came across SII CEO’s car collection and it is incredible.
Adar Poonawalla, CEO of Serum Institute of India, the world’s largest vaccine maker by number of doses produced and sold, weighed the options: “Do absolutely nothing and watch how it unfolds, or take the risk and become a front-runner.”
Adar Poonawalla is among India’s richest individuals, who’ve worked round the clock to build their respective empires. He’s the CEO of the Serum Institute of India (SII) — a vaccine manufacturing plant that produces vaccines for measles, polio, tetanus and now also coronavirus — and has helped scale its operations globally. Back home, he and his wife, entrepreneur and philanthropist, Natasha Poonawalla are also known for their lavish lifestyle and one-of-a-kind purchases. Here, we take a look at the five most expensive things owned by Adar Poonawalla and his family.
1. The Poonawalla family owns a whole fleet of Ferraris
One of which is the Ferrari 458 Speciale Aperta. The Aperta only has 499 units around the world and it is powered by a 597 hp 4.5-litre V8. 0-100 km/h? 3 seconds! A couple of other Ferraris include a Ferrari 360 Spyder which was once the Italian sportscar giant’s most popular model around the world. It is powered by a 3.6-litre V8 and boasts a 0-100 km/h sprint time of 4.5 seconds. Thes there’s the Ferrari 488 Pista Spider which is the latest addition to the family’s car collection. The droptop Pista does 0-100 km/h in three seconds and has a top speed of 340 km/h.
2. Rolls-Royce Phantom
Moving over to the luxury end of the spectrum and Poonawalla owns a Rolls-Royce Phantom, and two other Rolls, that include a vintage Silver Shadow and a Phantom Drophead Coupe. It gets a massive 6.8-litre V12 engine that makes 453 ho and 720 Nm. Upwards of Rs 8 crore
Per Cartoq, the family owns a Phantom Series 1 Rolls-Royce car, which is one of the many vintage cars they own. It’s incredibly hard to cop this chariot now.
3. The grand Adar Abad Poonawalla House in Pune
Coming back to the family’s primary residence, the Poonawallas reside in Pune at the grand Adar Abad Poonawalla House. In a 2016 Forbes cover story, Adar Poonawalla’s house has been described as a luxurious abode that is adorned with rare paintings and boasts of stunning European architecture.
4. A customised Mercedes S350
Mercedes that looks like the Batmobile
The rumours are true. Adar Poonawalla does own a Batmobile. Pune Mirror reported that the car is a refurbished Mercedes S350. The report suggests that the car was modified by adding wings and a hood by Mumbai-based Executive ModCar Trendz (EMT).
5. A Rs 750 crore home in Mumbai
The Poonawalla’s primarily reside in Pune, but have a home in Mumbai too. Located in South Mumbai, their Mumbai address, Lincoln House is one of the city’s most expensive heritage properties. It is owned by Adar Poonawalla’s father and commands 50,000 square-feet in South Mumbai’s Breach Candy area. According to Mid-Day, the family purchased the house in 2015 for a whopping Rs 750 crore.