At 90 years old, Dr. Prathap C. Reddy, a tycoon with a net worth of Rs 26858 crore, steps into his office in Chennai ready to oversee his medical empire. Unlike most nonagenarians, he embraces a six-day work week, starting his day at 10 am and working until 5 pm, showcasing an energy that surpasses many young professionals. Dr. Reddy, the founder of Apollo Hospitals, is an inspiring example of a business leader who, despite monumental success, remains dedicated to his work, refusing to succumb to the conventional notion of retirement.
His journey began in Chennai, where he pursued an MBBS from Stanley Medical College before training in the US as a cardiologist. A turning point arrived in the early 1970s when a letter from his father sparked a change within him. He decided to return to India, confronting the stark reality of inadequate medical infrastructure. A tragic incident in 1979, where a patient couldn’t afford to travel abroad for necessary surgery, solidified his determination to establish a cardiac care hospital in India. This led to the birth of Apollo Hospitals in Chennai, supported by the government and then Prime Minister Indira Gandhi. Reddy’s vision was clear: to create a healthcare system that rivaled the best in the world.
Today, Apollo Hospitals stands as a testament to his commitment, encompassing 71 hospitals, 5,000 pharmacy stores, 291 primary care clinics, a digital health portal, and a diagnostics chain. The company, steered by Reddy’s four daughters—Preetha, Suneeta, Shobana, and Sangita—has a market cap exceeding Rs 70,000 crore, with the family owning 29.3% of the listed entity. Reddy’s unwavering work ethic is fueled by his desire to pave the way for the third generation of leaders within his family. Nine of his ten grandchildren are already involved in the business, and he is meticulously crafting their key responsibilities to ensure a seamless transition of leadership.
Reflecting on his journey, Reddy remains humble and focused on his mission. “Success should make us humble and inspire us to do more for the country,” he told Business Today. His story isn’t just about personal achievement; it’s about transforming healthcare in India, making world-class medical services accessible to millions. Dr. Prathap C. Reddy’s life and work exemplify the power of vision, dedication, and humility. As he continues to propel Apollo Hospitals forward, his legacy inspires countless others to dream big and strive for excellence.
