Business This Indian billionaire has lost nearly a third of his wealth in 2018 Updated : December 05, 2018 06:50 AM IST Sun Pharma shares have dropped more than 40 percent in the last three years. In 2015, Shanghvi had replaced Reliance Industries Ltd chairman Mukesh Ambani with a net worth of $21.7 billion Shanghvi founded Sun Phamra in 1983 and owns 54 percent of the company's shares. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.