Renowned as the best cardiologist in India, Dr. Naresh Trehan stands as a beacon of excellence, spearheading groundbreaking advancements in cardiovascular care.
Age is proving to be just a number, and Dr. Naresh Trehan exemplifies this truth. Renowned globally for his prowess in heart surgery, Dr. Trehan recently made headlines as India’s latest billionaire, achieving this remarkable feat at the age of 77.
As the founder, chairman, and managing director of the Medanta chain of hospitals, Dr. Naresh Trehan entered the exclusive billionaires club when the shares of Global Health, Medanta’s operator, experienced a rapid surge in value in 2023.
This significant increase in net worth has solidified Dr. Naresh Trehan’s position as one of the wealthiest doctors in India. With a distinguished career marked by a meticulous commitment to enhancing the country’s health infrastructure, the Medanta – The Medicity founder has rightfully added another accolade to his illustrious career.
The Making of a Billionaire Healer:
Dr. Naresh Trehan was born into a family of medical professionals – a gynecologist mother and an ENT specialist father. After completing his education at King George’s Medical College in Lucknow in 1968, he embarked on a journey that would ultimately redefine the landscape of cardiovascular surgery.
In 1969, Dr. Trehan ventured to the USA, becoming a resident at Thomas Jefferson University Hospital in Philadelphia. His career flourished between 1971 and 1988 at New York University Medical Center. Notably, he performed his first surgery in 1976, marking the beginning of a remarkable surgical journey.
Return to India:
In 1988, driven by a commitment to contribute to India’s healthcare landscape, Dr. Naresh Trehan returned to his homeland. He assumed the roles of founder, director, and chief cardiovascular surgeon at Escorts Heart Institute and Research Center (EHIRC). His impactful tenure lasted for two decades until the Fortis Healthcare Group acquired the research center in 2005.
Undeterred, Dr. Trehan continued to make significant contributions, serving as a senior consultant in cardiovascular surgery at New Delhi’s Apollo Hospital. His cumulative efforts contributed substantially to building an impressive net worth.
The Birth of Medanta:
The visionary doctor founded Medanta – The Medicity in 2007, one of the largest multi-speciality hospitals in Gurgaon, Haryana. Dr. Trehan’s surgical prowess shone, with over 48,000 open heart surgeries performed at Medanta.
Beyond the Operation Theater:
Dr. Naresh Trehan’s contributions extend beyond surgeries. Since 1991, he has served as the personal surgeon to the President of India. His exceptional service has garnered several prestigious awards, including the Padma Bhushan and Padma Shri Awards.
The Billionaire Surgeon’s Net Worth:
With a 33.06% stake in Global Health, the operator of Medanta, Dr. Naresh Trehan owns approximately 88.73 million shares. The stock reached a record high of INR 972.55 (USD 11.67) per share on November 30, 2023, reflecting a remarkable 165% increase. This surge elevated Dr. Trehan’s net worth to INR 8,402.30 crore (USD 1 billion approximately).
Expansion Plans:
Undeterred by success, Dr. Trehan envisions further growth. Plans include an investment of approximately INR 1,100 crore (USD 131 million approx.) for expanding capacities in Lucknow, Patna, and Noida over the next three years. Additionally, investments in technology upgrades and facility expansions are underway.
As Dr. Naresh Trehan continues to leave an indelible mark on India’s healthcare landscape, his journey from a family of doctors to a billionaire healer remains an inspiration. His story encapsulates not just a medical marvel but a testament to unwavering determination and commitment to advancing healthcare in the nation.
FAQs:
Why is Naresh Trehan famous?
Naresh Trehan is renowned globally as a cardiovascular and cardiothoracic surgeon, achieving billionaire status at the age of 77.
Who is the CEO of Medanta?
Dr. Naresh Trehan is the founder and CEO of Medanta.
What is Dr. Naresh Trehan’s qualification?
Dr. Trehan earned his MBBS from King George Dental College, Lucknow, in 1968. He holds a Diploma in Cardiology from the American Board of Surgery, U.S.A. (1977) and Diplomates from the American Board of Cardiology – American Board of Cardiothoracic Surgery, USA (1979).