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1. yourstory.com › 2024 › 01The Man Who Sold His Rs. 12,478 Cr Empire for Just Rs. 74: BR ...

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   Jan 10, 2024 · B.R. Shetty's business acumen and foresight were pivotal in elevating NMC to become the foremost private healthcare provider in the UAE.

2. en.wikipedia.org › wiki › BB. R. Shetty - Wikipedia

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   Bavaguthu Raghuram Shetty, (born 1 August 1942) commonly known as B.R. Shetty, is an Indian-born businessman and former-billionaire, the founder and acquirer of a number of companies based in the United Arab Emirates, including Abu Dhabi–based NMC Health, Neopharma, BRS Ventures, and Finablr.

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4. economictimes.indiatimes.com › nri › nris-in-newsBR Shetty: The staggering rise and incredible fall of a ...

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   Apr 25, 2020 · BR Shetty embodied the ultimate immigrant dream in the Persian Gulf — a man from coastal Karnataka who arrived in the oil-rich West Asian deserts in the early 1970s with $8 in his pocket and went on to create a personal fortune estimated by Forbes to be $4.2 billion in 2018. (Join our ETNRI WhatsApp channel for all the latest updates)

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5. www.news18.com › business › fall-from-grace-howFall From Grace: How Billionaire BR Shetty Went Bankrupt

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   This allegation precipitated a sharp decline in NMC Health’s stock price, placing BR Shetty’s financial empire in jeopardy. Following the filing of grave accusations against BR Shetty’s business, an inquiry was carried out and all unpaid taxes were retrieved from him by the government.

6. www.khaleejtimes.com › uae › nmc-founder-br-shettyNMC founder BR Shetty to return to UAE after Indian court ...

   www.khaleejtimes.com › uae › nmc-founder-br-shetty

   Feb 11, 2024 · The High Court of India's Karnataka state has allowed entrepreneur BR Shetty, who is facing proceedings for recovery of loans, to go abroad by imposing stringent conditions.

7. www.forbes.com › profile › br-shettyB.R. Shetty - Forbes

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   Oct 9, 2019 · Former pharma salesman B.R. Shetty immigrated from Karnataka in south India to Abu Dhabi in 1973 to set up a healthcare empire. His biggest asset is London-listed NMC Health, one of the UAE's...

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   Who is BR Shetty?

   • Budget: Rs 1,000 cr. BR Shetty embodied the ultimate immigrant dream in the Persian Gulf — a man from coastal Karnataka who arrived in the oil-rich West Asian deserts in the early 1970s with $8 in his pocket and went on to create a personal fortune estimated by Forbes to be $4.2 billion in 2018.

   BR Shetty: The staggering rise and incredible fall of a billionaire

   economictimes.indiatimes.com/nri/nris-in-news/br-shetty-the-staggering-rise-and-incredible-fall-of-a-billionaire/articleshow/75381757.cms

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   How much money did BR Shetty make?

   • Subscribe to The Economic Times Prime and read the ET ePaper online. BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

   BR Shetty: The staggering rise and incredible fall of a billionaire

   economictimes.indiatimes.com/nri/nris-in-news/br-shetty-the-staggering-rise-and-incredible-fall-of-a-billionaire/articleshow/75381757.cms

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   Why did BR Shetty sell his business?

   • The market cap also decreased as a result of the sharp decline in shares, and ultimately he was forced to sell his entire Rs 12,478 crore business for a mere Rs 74. BR Shetty’s reign came to an end with this historic setback, which served as a sobering warning that things may change drastically in the erratic world of business.

   Fall From Grace: How Billionaire BR Shetty Went Bankrupt

   www.news18.com/business/fall-from-grace-how-billionaire-br-shetty-went-bankrupt-8733235.html

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   What happened to BR Shetty?

   • BR Shetty’s reign came to an end with this historic setback, which served as a sobering warning that things may change drastically in the erratic world of business. A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you.

   Fall From Grace: How Billionaire BR Shetty Went Bankrupt

   www.news18.com/business/fall-from-grace-how-billionaire-br-shetty-went-bankrupt-8733235.html

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   Why did BR Shetty sell Finablr plc?

   • It triggered a chain of events that led BR Shetty to sell his financial firm Finablr Plc, once having market value of $2 billion, for just $1 to a Israeli-UAE consortium. It was revealed that around $1 billion of debt was hidden from Finablr board after allegations that NMC Health inflated cash balances and understated its debt.

   Meet Indian businessman, once worth Rs 18000 crore, owned private jet

   www.dnaindia.com/business/report-meet-indian-br-shetty-net-worth-rs-18000-crore-owned-private-jet-burj-khalifa-floors-sold-his-firm-for-just-3062809

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   What is Shetty's biggest asset?

   • His biggest asset is London-listed NMC Health, one of the UAE's largest hospital chains. In May 2019, Shetty listed Finabir, the holding firm for his money remittance firms UAE Exchange and Travelex Group. Shetty also owns healthcare firm BR Life, which has a presence in India, Nepal, Africa and the Gulf region.

   B.R. Shetty - Forbes

   www.forbes.com/profile/br-shetty/

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9. www.dnaindia.com › business › report-meet-indian-brMeet Indian businessman, once worth Rs 18000 crore, owned ...

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   Oct 4, 2023 · Migrant Indian businessman BR Shetty had built the UAE’s largest privately owned health operator NMC Health, which propelled him into the club of the richest billionaires of the world. But a single tweet brought his massive business empire crumbling down.