Shamsheer Vayalil
Chairman – VPS Healthcare Group
Net Worth – US $1.4 Billion
The Indian radiologist and businessman, Shamsheer Vayalil Parambath is the founder, managing director and chairman of the VPS Healthcare Group. Also managing director and vice-chairman of the healthcare and education investment company, Amanat Holdings.
Shamsheer Vayalil got his MBBS degree from Kasturba Medical College, Manipal and MD from Sri Ramachandra Medical College and Research Institute. With a net worth of 1.4 billion USD, Shamsheer Vayalil is counted among the top prominent businessmen in Dubai. He was awarded the Pravasi Bharatiya Samman in the year 2014.
Net Worth | $1.0 Billion |
---|---|
Born | January 11, 1977 (Age – 44) |
Identified as | Founder, Managing Director & Chairman of VPS Healthcare Group |
Status | Indian Businessman & Radiologist |
Education | Ramachandra Medical College and Research Institute & MBBS from Kasturba Medical College, Manipal MD from Sri |
Nationality | Indian |
Residence | Abu Dhabi, United Arab Emirates |
Spousal status | Married (Shabeena Ali) |
Children | 4 |
Shamsheer Vayalil Parambath has a net worth of $1.0 Billion (Rupees – 7,426 Crores), making him one of the top richest men in India.
He is the founder, chairman, and CEO of VPS Healthcare Group.
VPS Healthcare, a network of hospitals and pharmacies, was founded by Shamsheer Vayalil, the son-in-law of Gulf retailing billionaire M.A. Yusuff Ali.
He has a net worth of US$1.4 billion as of June 2019.
Vayalil is also the vice-chairman and managing director of Amanat Holdings, where he owns a 21% stake.
Shamsheer Vayalil biography
Full Name | Shamsheer Vayalil Parambath |
Height | 5.6 feet, 167 cm |
Weight | 75 Kg |
Shamsheer Vayalil was born in Kozhikode, Kerala, India, on January 11, 1977.
Hashim Pokkinari and Mariyam Barakkool are his parents.
He was born into a business family in Kerala, and after completing his medical studies, he moved to the Middle East to work as a radiologist at a local hospital.
Education
He completed his education with an MBBS at Kasturba Medical College in Manipal, followed by an MD in radiology at Sri Ramachandra Medical College and Research Institute in Chennai.
At Massachusetts General Hospital in Boston, he completed his radiology fellowship.
Career
Vayalil worked as a radiologist at Sheikh Khalifa Medical City in Abu Dhabi, UAE, for a year.
He opened his first hospital, LLH Hospital, in Abu Dhabi, in 2007.
He began with one hospital in Abu Dhabi in 2007, backed by his wealthy father-in-law.
He is a member of the Kerala NRI Commission, which was formed in Kerala with quasi-judicial powers to protect the rights, interests, and property of non-resident Indians (NRIs).
He is a member of the UAE Medical Council, an Abu Dhabi University board member.
Private & early life
Vayalil is married to Shabeena, the eldest daughter of M. A. Yusuff Ali, another billionaire. They are the parents of 4 children.
He filed a petition in the Supreme Court of India in April 2014 about the voting rights of non-resident Indians (NRIs). Voters must currently travel to their district to vote.
Philanthropy
He promised to devote half of his fortune to charity.
Following the monsoon floods in August 2018, Vayalil personally pledged to donate Dh 26 million (Rs 50 crore) to Kerala. He was recognized for his philanthropy at a United Nations function in New York.
Awards
- 2014 – Pravasi Bharatiya Samman for his contributions to the development of healthcare business in the United Arab Emirates and the promotion of UAE-India relations.
- 2014 – Aligarh Muslim University awarded him an honorary Doctorate (D.Litt & DSE Honors Degree).
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