When you need a healthcare facility and look for hospitals across the nation, most of us select Apollo. It’s pretty clear why. Apollo Hospitals is the leading hospital chain in India, one of the largest healthcare groups in Asia, and offers top-class healthcare facilities. But do you know who is the man behind this huge empire? His name is Pratap C Reddy. Here, we are sharing Pratap Reddy success story to learn what it takes to build a business empire like Apollo.
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Who Is Pratap Reddy?
The owner of Apollo Hospitals was born on February 5, 1993 and currently is 91. Despite being in his 90s, Pratap Reddy is still committed to his work and displays youthful energy throughout the day. Dr Pratap C Reddy Net Worth in Rupees is approx Rs 28,220 crore, making him one of the most inspiring Indian business figures.
Early Life And Education
Pratap Reddy success story begins in Arangoda, Madras Presidency, British India, where he was born to a farming family. Pratap C Reddy was a curious child right from the start and always wanted to learn something new. Over time, Pratap’s thirst for knowledge led him to the prestigious Madras Medical College, where he honed his medical skills and discovered his passion for cardiology. His dreams have passed the national boundaries, and he earned a scholarship to Northwestern University in Chicago.Â
A Journey Towards Entrepreneurship
A major turn came to the Pratap Reddy success story when, in the 1970s, he went to the U.S. as he witnessed a huge difference in healthcare services offered in India and America. At that time, Pratap C Reddy’s father wrote him a letter, prompting him to return to India and make a difference in the healthcare industry.
In 1979, Pratap Reddy came across a tragic incident in which a patient needing urgent cardiac surgery couldn’t travel abroad for treatment and died. This sparked Reddy’s resolve to bring world-class medical facilities to India. Then, he trained at the AIIMS (All India Institute of Medical Sciences) in Delhi. With unbreakable determination and support from the government and Prime Minister Indira Gandhi, Mr Reddy opened the first Apollo Hospital in Chennai in 1983.
Building Apollo – A Testament To Tenacity
After the first Apollo Hospital, Pratap Reddy success story took hold as Mr Reddy continued opening new hospitals. Currently, Apollo Hospitals has over 70 hospitals, 5,000 pharmacies, 291 primary care clinics, a digital health portal and a huge diagnostic network offering healthcare services. Apollo also joined forces with Akums Drugs & Pharmaceuticals to raise breast cancer awareness.
The company has a market cap exceeding Rs 70,00 crore, and his family holds a 29% share in the company. His 4 daughters, namely Preetha, Suneeta, Shobana, and Sangita, are actively involved in the business.
Finally, Attaining the Recognition
Over time, Pratap C Reddy expanded his business and gained recognition, and Pratap Reddy success story came to its peak. In 1991, Mr Reddy was awarded Padma Bhushan, the third-highest civilian award in India, and in 2010, he was conferred with Padma Vibhushan, the second-highest civilian award in the country. Mr Reddy received the Lions Humanitarian Award from Apollo Hospitals in 2018 and the Lifetime Achievement Award from IMA in 2022. He was also ranked 48th in India Today’s list of most powerful people in 2017 and 94th in the Forbes list of India’s 100 richest tycoons on October 9, 2024.
Building A Healthcare Of Tomorrow
The Pratap Reddy Success Story shows that it takes time, but hard work and dedication pay off. Pratap C Reddy transformed the Indian healthcare industry with his dedication and hard work. As mentioned, Dr Pratap C Reddy Net Worth in Rupees is approx 28,220 crore, and he believes in social welfare. He says success should make us humble and do more for the country.
