Once a chartered accountant (CA) Godha is today one of the richest individuals in India with a net worth of approximately Rs 14123 crore ($1.7 billion) according to Forbes. Premchand Godha was born into a farmer’s family in Rajasthan. Despite several challenges he focused on education and became a chartered accountant. In the early days of his career he was the accountant of the Bachchan family including Amitabh Bachchan. This role gave him insights into financial management and learning of business strategy. Turning Point In Career In 1975 alongwith the Bachchan family he invested in Ipca Laboratories a struggling pharmaceutical company that was on the verge of collapse. But where others saw risk Godha saw an opportunity. Through his vision and hard work Godha turned the company into a profit making business. From an annual revenue of Rs 54 lakh Ipca grew to earn Rs 4422 crore in revenue today. Its current market valuation is around Rs 28000 crore. Ipca’s Business Under Godha’s leadership Ipca Laboratories has become a big player in the pharmaceutical world which makes life-saving drugs for cardiovascular diseases diabetes malaria and pain management. The company is globally recognised and has a strong presence in both Indian and international markets. Bachchan Family’s Exit  In 1999 due to financial setbacks the Bachchan family sold off their stake in Ipca. But Godha continued with the company. and transformed it into a pharma giant. From a CA managing others’ wealth to building his own business was a long journey for him.