Ranjan Pai Net Worth: Ranjan Pai is an Indian businessman who has a net worth of $1.4 billion. Ranjan Pai is the CEO of Manipal Education & Medical Group (MEMG), one of the largest privately-held healthcare conglomerates in India. Founded in 1993 by Pai's grandfather, MEMG now operates 6 colleges and 15 hospitals. In 1978, his father took the control over the business following a family split. Before joining the family business, Pai acquired a medical degree and had a working stint at the US. At the age of 28, he was asked by his father to take over the delayed medical school project by his family in Malaysia. Since, he has helped Maniap turn into a global brand in education. Recently, he opened 2 universities in Kuala Lumpur and is also believed to be in talks to sell a stake in hospital arm Manipal Health Enterprises to a private equity firm.
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