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Healing India: The 92-Year-Old Tycoon Behind 5,000 Pharmacies and 71 Hospitals


Updated: May 18, 2025 17:24

Image Source: India.com
Dr. Prathap C. Reddy, the 92-year-old proprietor of Apollo Hospitals, is a colossus in Indian healthcare. With a personal fortune approaching ₹27,500 crore, he commands a vast chain of 71 hospitals and 5,000 pharmacies, and astonishingly, still works six days a week. His vision and leadership have not only revolutionized medical treatment in India but also created new standards for corporate healthcare in the nation.
 
Dr. Prathap C. Reddy: The Man and His Journey
  • Dr. Reddy was born in Chennai and graduated with an MBBS degree from Stanley Medical College and underwent training as a cardiologist in the United States.
  • He came back to India after his father pleaded with him emotionally, opting to serve his nation instead of a well-paying career abroad.
  • A terrible accident in 1979, when a patient succumbed to the absence of good medical facilities, inspired him to bring world-class healthcare to India.
The Apollo Hospitals Revolution
  • Established Apollo Hospitals in 1983, conceptualizing corporate hospitals in India for the first time.
  • Apollo Hospitals expanded to 71 branches across India, with an added support system of 291 primary care clinics, 5,000 plus pharmacies, and a digital health platform.
  • The company is worth around ₹70,000 crore and is a market leader in the Indian healthcare industry.
Personal Net Worth and Legacy
  • Dr. Reddy's personal fortune is estimated to be between ₹26,560 crore and ₹28,220 crore (around $3.5 billion), according to Forbes and other estimates.
  • His family controls 29.3% of Apollo Hospitals.
  • Albeit his age, Dr. Reddy follows a strenuous work routine, reporting to the office at 10 a.m. and departing at 5 p.m., six days weekly.
Impact and Recognition
  • Dr. Reddy's vision obliterated the necessity for Indians to go abroad for specialized medical treatment, revolutionizing the country's healthcare sector.
  • He is one of India's richest doctors and an inspiration for generations of medical professionals.
  • His leadership is defined by servitude, humility, and devotion to improving society, demonstrating that age does not matter when it comes to leaving a legacy. 
Relevant Sources: News18 Business, Facts Mostly, Instagram

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