Curated By: Business Desk
Last Updated: December 11, 2023, 13:08 IST
Dr. Naresh Trehan spent his early years immersed within the medical world.
In 2007, Dr. Naresh Trehan established Medanta – The Medicity, considered one of Gurgaon, Haryana’s largest multi-speciality hospitals.
Globally recognised for his proficiency in cardiovascular surgical procedure, Dr. Naresh Trehan lately turned India’s latest billionaire. At the age of 77, the Founder, Chairman, and Managing Director of the Medanta hospital chain entered the a lot-revered membership as a result of substantial rise within the worth of Global Health shares, the entity overseeing Medanta, in 2023.
Dr Trehan’s heightened web price not solely positions him amongst India’s prosperous physicians but additionally recognises his vital contributions to enhancing the nation’s healthcare infrastructure. Let’s delve into the lifetime of Dr. Naresh Trehan and study the components contributing to his spectacular monetary success.
Raised in a household of medical professionals, with a gynaecologist mom and an ENT specialist father, Dr Naresh Trehan’s early years had been immersed within the medical world. Following enrollment at King George’s Medical College in Lucknow in 1963, he launched into a journey to the USA in 1969.
There, he refined his abilities as a resident at Thomas Jefferson University Hospital in Philadelphia. His return to India in 1988 marked the graduation of a distinguished profession, holding key positions at Escorts Heart Institute and Research Center (EHIRC) and subsequently at Apollo Hospital in New Delhi.
In 2007, Dr Naresh Trehan established Medanta – The Medicity, considered one of Gurgaon, Haryana’s largest multi-speciality hospitals. His legacy consists of performing over 48,000 open-coronary heart surgical procedures at Medanta, solidifying his place as a foremost cardiovascular and cardiothoracic surgeon.
His noteworthy contributions have earned him prestigious awards, together with the Padma Bhushan in 2001 and the Padma Shri in 1991. Serving as the private surgeon to the President of India since 1991, Dr. Trehan persistently receives recognition for his distinguished service within the subject of Cardiology Medicine.
In his function because the Managing Director of the Medanta chain, Dr Naresh Trehan possesses a considerable 33.06% stake in Global Health, translating to roughly 88.73 million shares. Recent stories spotlight that Global Health’s inventory soared to a report excessive of Rs 972.55 ($11.67) per share on November 30, 2023, contributing to a formidable web price of Rs 8,402.30 crore ($1 billion roughly).
