B.R. Shetty

Bavaguthu Raghuram Shetty is an Indian-born billionaire businessman, and the founder of a number of companies based in the United Arab Emirates. He is founder and chairman of Abu Dhabi-based NMC Healthcare, and chairman of UAE Exchange. He is also the founder and chairman of Neopharma, Finablr and BRS Ventures.

  • 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 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.
  • Shetty’s son Binay is chief executive of BRS Ventures, the family’s holding company.

BR Shetty United Arab Emirates