Ranjan Pai

Ranjan Pai

Ranjan Pai (#1548)

An entrepreneur does not have to go to the investor who writes the biggest cheque, or gives the highest valuation.

  • $ 3 B
  • Education, healthcare
  • India
  • M
  • 53 Years

About Me

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. He is the largest shareholder in test prep outfit Akash Educational Service after he increased his stake to more than 50% in November 2025.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Ranjan Pai’s rise and global influence.

  • #1504   Billionaires (2026)
  • #86   India's Richest (2023)

Wealth Growth

Net Worth Growth Over Time

Tracking Ranjan Pai’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $2.7B (May 4, 2026)

© Iconic Billionaires