Ranjan Pai
$2.8B
Born
Nov 11, 1972
Age
53
Source of Wealth
Education, healthcare
Residence
Bangalore,
Citizenship
India
Marital Status
Married
Children
2
Education
- Medical doctor Ranjan Pai is chairman of the Manipal Group, an education and healthcare empire with 7 universities and 29 hospitals.
- The Manipal Group was started in 1953 by his grandfather T.M.A Pai, who founded India's first privately-owned medical school in the town of Manipal in Karnataka.
- Singapore fund Temasek increased its stake in Manipal Hospitals to 59% in 2023 after acquiring shares from Pai and other investors, valuing the chain at $4.6 billion. Pai retains a 30% stake.
- Pai's Manipal Global Education Services has expanded overseas with campuses in Malaysia, Antigua, Dubai and Nepal. His other assets include Manipal Cigna Health Insurance.
- Pai has earmarked $300 million for investing in startups through Claypond Capital, his new family office.
- Pai also owns Bangalore-based Stempeutics, which develops stem cell products using adult stem cells.
- In January 2023, he invested $2 million in Kites Senior Care, which provides home-based care and dementia care.
| Exchange | Ticker | Company Name | Number Of Shares | Share Price | Currency Code |
|---|