Meet man who established healthcare empire with market cap of Rs 70,000 cr; At 91, he is active and has a net worth of..
GH News October 19, 2024 12:06 AM
Despite his age no one can deter this man from coming to the office six days a week. He arrives sharp at 10 a.m. and leaves by 5 p.m. One can find inspiration in his life and commitment to work. This dedication is the reason his hard work has paid off making him one of the countrys most successful businessmen with a net worth of Rs 28220 crore. Meet 91-year-old Dr. Prathap C. Reddy who owns  71 hospitals 5000 pharmacy outlets 291 primary care clinics a digital health portal and a diagnostic network. Dr. Reddy is the founder of Apollo Hospitals one of India’s leading healthcare establishments. He is recognized as a prominent business leader in the country with a net worth of Rs 28220 crore. Dr. Prathap C. Reddy earned his MBBS degree from Stanley Medical College in Chennai and later went to the United States to specialise in cardiology. He returned to India after receiving a letter from his father that had a significant impact on him.  In 1979 a man lost his life because he was unable to travel abroad for cardiac surgery and this incident became a catalyst for Dr. Reddy. The incident highlighted a dearth of world class hospitals in India and Dr Reddy decided to open a hospital with the help of government and the then prime minister Indira Gandhi. He founded Apollo Hospital in Chennai a groundbreaking establishment dedicated to cardiac surgery and other specializations.  Since then Dr. Reddy never looked back and successfully transformed the establishment into a healthcare empire which now includes 71 hospitals 5000 pharmacy outlets 291 primary care clinics a digital health portal and a diagnostic network. The company has a market cap of Rs 70000 crore. The Reddy family holds 29.3 % shares in the company.  Dr. Reddy’s daughters are actively involved in the family business. His four daughters are Preetha Suneeta Shobana and Sangita.
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