Billionaire Profile
Prathap Reddy
Global Rank
#1176

Image: Public domain | via Wikimedia Commons

Prathap Reddy

CEO, Apollo Hospitals Enterprise Limited
IN
Real-Time Net Worth
$3.4B
As of December 2025
Age
92
Source
Healthcare
Industry
healthcare
Citizenship
IN

Biography

Dr. Prathap C. Reddy, a visionary in Indian healthcare, is the founder of Apollo Hospitals. With a current net worth of $3.4 billion, his wealth stems from his pioneering role in the healthcare industry. His career began with a vision to bring world-class medical facilities to India. He established the first Apollo Hospital in Chennai in 1983, revolutionizing healthcare in the country. His commitment has extended to preventive healthcare and rural medical outreach. He is currently 93 years old.

Wealth Over Time

In-Depth Profile

Early Life

Prathap Chandra Reddy was born on February 5, 1933, in Aragonda, a small village in Andhra Pradesh, India. Growing up, he witnessed the lack of healthcare infrastructure, which inspired his future endeavors. He earned his MBBS from Stanley Medical College in Chennai and later pursued cardiology in the United States, where he observed advanced medical technologies and healthcare systems. This experience shaped his vision to transform healthcare in India.

Rise to Success

Dr. Reddy returned to India in the late 1970s and started his practice in Chennai. He founded Apollo Hospitals in 1983, the first corporate chain of hospitals in India. The first branch was inaugurated in Chennai. The Apollo Hospitals Group has since grown into one of the largest hospital groups globally.

Key Business Strategies

Reddy spearheaded institutional changes in private healthcare, establishing Apollo Institutes for postgraduate Medical and Nursing Education, Hospital Administration, Physiotherapy, Clinical Research, and numerous Paramedical Programs. His strategic initiatives included the Apollo Telemedicine Networking Foundation, Health Super Highway, Apollo Munich Insurance Co., and Apollo Reach Hospitals, creating a modern healthcare network that has served millions. Apollo Hospitals has expanded to over 70 hospitals with over 10,000 beds across 64 locations worldwide, employing over 65,000 professionals. The group also operates pharmacies, primary care and diagnostic centers, telehealth clinics, and digital healthcare services.

Philanthropy

Dr. Reddy's philanthropy includes efforts towards rural health and child welfare. Apollo Hospitals also supports various community health initiatives. However, specific amounts could not be found.

Career Milestones

1973

Founded Apollo Hospitals Group

Established the first corporate chain of hospitals in India.

1983

Opened First Apollo Hospital

Inaugurated the first Apollo Hospital in Chennai, revolutionizing healthcare in India.

2010

Padma Vibhushan Award

Received India's second-highest civilian award for his contributions to healthcare.

Philanthropy & Social Impact

Healthcare

Rural Health and Child Welfare

$XB

Supports initiatives focused on healthcare access in rural areas and child welfare.