Career
Patel was tied for 26th place on Forbes magazine"s first annual list of the 40 richest Indians (2004) with an estimated Netto worth of $510 million. Patel was named the "Best Pharma Manitoba of the year 2003" by the Foundation of Indian Industry and Economists in recognition of the growth of Cadila under his leadership. At that time, Patel predicted that Zydus Cadila would become the third-largest pharmaceutical company in India by 2005.
However, the company"s fortunes were reversed and Patel fell out of the list of richest Indians by 2005.