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Revision as of 08:08, 15 April 2023
Shamsheer Vayalil | |
|---|---|
 | |
| Born | 11 January 1977 |
| Education | Kasturba Medical College, Manipal (MBBS) Sri Ramachandra Medical College and Research Institute (MD) |
| Occupation(s) | business tycoon, radiologist |
| Known for | Founder, VPS Healthcare |
| Spouse | Shabeena Ali |
| Children | 4 |
| Relatives | M. A. Yusuff Ali (father in-law) |
| Awards | Pravasi Bharatiya Samman (2014)[1] |
| Website | www |
Shamsheer Vayalil Parambath (born 11 January 1977) is an Indian radiologist and businessman. He is the Founder and Chairman of Burjeel Holdings.[2] Through VPS Healthcare, his family office, he oversees an extensive investment portfolio including Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, and Educare Institute.[3[[1]]] As of April 2023, Vayalil has a net worth of US$ 2.4 billion. [44]
Early life
Vayalil was born on 11 January 1977 in Kozhikode, Kerala, India.[2][3][4] His parents are Hashim Pokkinari and Mariyam Barakkool.[5]
After his schooling, he pursued a MBBS at Kasturba Medical College, Manipal, then obtained his MD in radiology from Sri Ramachandra Medical College and Research Institute, Chennai.[6]
Career
Vayalil was a radiologist for 12 months at Sheikh Khalifa Medical City, Abu Dhabi, UAE.[10] In 2007, he opened his first hospital – LLH Hospital in Abu Dhabi.[10] Over the next twelve years, his company VPS Healthcare started 20 hospitals in three countries and now has over 23 medical centres [11[2]] and about 13,000 employees in the Middle East and India.[12[3]] Vayalil is a member of the UAE Medical Council[citation needed]. He was a member of the advisory committee of the University of Sharjah College of Medicine.[13[4]] He is on the board of directors of Kannur International Airport Ltd.[14[5]]
Philanthropy
Vayalil is a member of "The Giving Pledge". He pledged to donate half his wealth for philanthropy.
VPS Healthcare donated emergency healthcare equipment worth Rs 1.75 crores when Nipah viral infection was diagnosed in Kerala in 2018.
Vayalil personally pledged to donate Dh 26 million (Rs 50 crore) to Kerala after the monsoon floods in August 2018.
He was honoured at an event hosted by United Nations in New York for his philanthropy. He was recognised for the community welfare initiatives, which include the '1000 Free Heart Surgeries' initiative for the underprivileged, launched as a tribute to Mohammed bin Zayed Al Nahyan. As part of the initiative, people from around the world, from babies to a 70-year-old, have undergone cardiac surgeries.
Vayalil made donations to the UAE Red Crescent for Syrian refugees and to the Indian Prime Minister's National Relief Fund for flood-hit Jammu and Kashmir. He extended his support to the kin of the victims of the Mangaluru plane crash in May 2010. He offered jobs and educational assistance to the families of the victims and many of the people that took up jobs at Burjeel Holdings continue to work with the company today.[19] He is a regular contributor to the 'One Billion Meals Initiative'.[20[6]] He has contributed AED 5 million to the Emirates Red Crescent to join global relief efforts in supporting those affected by the devastating earthquakes that hit Turkey and Syria in 2023.[21[7]]
Non-resident Indian voting rights
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In April 2014, Vayalil filed a petition in the Supreme Court of India in connection with non-resident Indian (NRI) voting rights. Currently, voters have to travel to their constituency to vote. The Court directed the Election Commission of India to explore the possibility for NRIs to cast their vote from their place of residence. In October 2014, the Commission submitted its report to the Court, recommending that NRIs be permitted to vote by proxy and e-postal ballot.[4] On 9 August 2018, the Representation of the People (Amendment) Bill 2017, enabling the facility of proxy voting to overseas Indians, was passed by the Lok Sabha, and was awaiting introduction in the upper house of the Indian Parliament, the Rajya Sabha.[7]
Awards and accolades
- 2014 – Pravasi Bharatiya Samman for his role in developing a healthcare business in the United Arab Emirates and for promoting UAE-India ties[8]
- 2014 – Received an honorary Doctorate (D.Litt & DSE Honors Degree) from Aligarh Muslim University[9]
Personal life
Vayalil is married to Shabeena, the eldest daughter of fellow billionaire M. A. Yusuff Ali.[3] They have four children.[10]
References
- ^ https://www.mea.gov.in/images/pdf/pbsa-awardees-2014.pdf [bare URL PDF]
- ^ Karmali, Naazneen (1 February 2018). "Indian-Born Middle East Billionaire Shamsheer Vayalil Joins The Giving Pledge". Forbes. Retrieved 3 November 2018.
- ^ a b Balachandran, Malu. "Yusuff Ali: A mentor to his sons-in-law". India East Forbes. Retrieved 24 May 2019.
- ^ a b "A one-man fight could help millions of expats vote". Times of India. 14 November 2014. Retrieved 3 November 2018.
- ^ Fernandes, Armenia (16 March 2014). "Dr Shamsheer Vayalil Parambath: A Remarkable Journey of Success" (PDF). The International Indian. Archived from the original (PDF) on 11 February 2015. Retrieved 28 June 2019.
- ^ Economics, Health; Podcasts; Video; Arabic; Focus, Global; Africa, Middle East &. "How Shamsheer Vayalil Built VPS into a $1 Billion Global Firm". Knowledge@Wharton. Retrieved 16 June 2019.
- ^ "Bill to allow proxy voting by NRIs passed by Lok Sabha". The Economic Times. 9 August 2018. Retrieved 16 June 2019.
- ^ "NRI award winner to expand healthcare business in India". Business Standard. IANS. 14 January 2014. Retrieved 3 November 2018.
- ^ Agha, Eram (16 October 2014). "AMU awards 240 gold medals, 4,000 degrees at convocation". Times of India. The Times Group. Retrieved 11 August 2019.
- ^ "#1605 Shamsheer Vayalil". Forbes. Retrieved 6 June 2019.
External links
Media related to Shamsheer Vayalil at Wikimedia Commons
