Renowned cardiovascular and cardiothoracic surgeon, Dr. Naresh Trehan, has not only solidified his position as a leading figure in the medical field but has also entered the billionaire club in India at the age of 77. The founder, chairman, and managing director of the Medanta network of hospitals achieved this milestone in 2023 as shares of Global Health, the company overseeing Medanta, experienced a significant surge in value. Dr. Trehan’s ascent to billionaire status not only places him among the wealthiest physicians in India but also underscores his impactful contributions to the nation’s healthcare system.
Born into a family of medical professionals, with his father being an ENT specialist and his mother a gynecologist, Dr. Naresh Trehan embarked on his journey in medicine. After completing his studies at King George’s Medical College in Lucknow in 1963, he ventured to the United States in 1969. Dr. Trehan honed his skills as a resident at Thomas Jefferson University Hospital in Philadelphia, laying the foundation for an illustrious career.
Upon his return to India in 1988, Dr. Trehan played pivotal roles at prestigious medical institutions such as the Apollo Hospital in New Delhi and later at the Escorts Heart Institute and Research Centre (EHIRC). In 2007, he made an indelible mark in the healthcare landscape by establishing Medanta – The Medicity, a sprawling multispecialty hospital in Gurgaon, Haryana. Over the years, he has emerged as a preeminent cardiovascular and cardiothoracic surgeon, having conducted over 48,000 open-heart procedures.
As the Managing Director of the Medanta network, Dr. Naresh Trehan holds a substantial stake in Global Health, with approximately 88.73 million shares, representing a significant 33.06% ownership. The surge in Global Health’s stock, reaching a record high of INR 972.55 (USD 11.67) per share on November 30, 2023, propelled Dr. Trehan’s net worth to a remarkable INR 8,402.30 crore (approximately USD 1 billion).
Dr. Trehan’s journey from a medical professional to a billionaire entrepreneur reflects not only his surgical prowess but also his entrepreneurial acumen in revolutionizing healthcare in India. His relentless commitment to advancing medical care and providing world-class facilities has not only earned him accolades in the medical community but has now etched his name among the elite billionaires in the country. Dr. Naresh Trehan stands as a testament to the notion that age is no barrier when determination and excellence drive one towards their goals.