Ranjan Pai

$2.75B

as of 10/04/24

About Ranjan Pai

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.

Personal stats

Citizenship

India

Source of wealth

Education, healthcare

Residence

Bangalore, India

Marital status

Married

Birth date

11/11/72 (age 51)

Number of children

Self-made

inherited and growing

Ranjan Pai’s fortune is worth

46K

troy ounces of gold

42K

median U.S. household

27K

median U.S. income

0.055%

U.S. credit card volume

0.011%

GDP of the United States

0.008%

United States debt

Net worth history

Annual ranking

Did you know?

In January 2023, he invested $2 million in Kites Senior Care, which provides home-based care and dementia care.