Navin Engineer

Navin Engineer
Born Navinchandra Jamnadas Engineer
May 1951
Nationality British
Known for Founder and owner, Chemidex
Net worth GBP £1.1 billion (April 2015)[1]
Spouse(s) Varsha Engineer
Children 2

Navinchandra Jamnadas Engineer (born May 1951) is a British billionaire, the owner of Chemidex, a pharmaceutical company that he founded in 1981.

Early life

Navinchandra Jamnadas Engineer was born in May 1951.[2] His father worked for the Kenyan civil service.[3] In 1963, he was sent from Kenya to London to live with his aunt, and later studied at the London School of Pharmacy.[1]

Career

Engineer's first job on graduation was a pharmacist for the Boots the Chemist chain, which he found "a little bit like the civil service"; one day he was shocked by a visiting area manager asking for a cup of tea when he was busy dispensing prescriptions, and resigned the same day.[4]

Chemidex was founded by Engineer and his wife in 1981, and is based in Egham, Surrey.[5]

In 1981, Chemidex opened its first pharmacy in Chertsey, Surrey. In 1999, he had 14 pharmacies which he sold to the German company Celesio for a reported £12 million.[4][6] Chemidex then became a pharmaceutical company, and it acquired its first brand in 2000.[7]

According to the The Sunday Times, the business is valued at £1 billion and Engineer at £1.1 billion.[1]

Personal life

He is married to Varsha Engineer.[1] They have two children,[6] and both studied medicine.[4]

References

  1. 1 2 3 4 "Sunday Times Rich List". The Sunday Times (page 33). 26 April 2015.
  2. ↑ "Chemidex Generics Limited". Companies House. Retrieved 29 July 2015.
  3. ↑ "Navin Engineer, London, United Kingdom | Kenyan Jewels". Alusainc.wordpress.com. 2009-02-02. Retrieved 2015-10-05.
  4. 1 2 3 "Pharma families". Management Today. Retrieved 2015-10-05.
  5. ↑ "Chemidex Pharma Limited: Private Company Information - Businessweek". Businessweek.com. Retrieved 29 April 2015.
  6. 1 2 "Asian Power Couples Hot 100 - Surnames from D - FAsian Power Couples". Asianpowercouples.com. Retrieved 2015-10-05.
  7. ↑ "Chemidex Pharma - licensing and marketing of prescription pharmaceuticals". Chemidex.co.uk. Retrieved 2015-10-05.


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