Azad Moopen
Healthcare

Azad Moopen Net Worth

Azad Moopen is a physician and entrepreneur from Dubai, United Arab Emirates, India. He is the founder of Aster DM Healthcare, a hospital chain that operates 18 hospitals, 90 clinics, and 200 pharmacies in the Middle East and India. Aster DM Healthcare treats 10 million patients annually and employs over 2,000 doctors. Last year, Aster acquired a 25% stake in Hyderabad's Ramesh Hospitals. Moopen began his journey in 1987 with a single clinic in Dubai and his daughter Alisha now oversees the company's strategy.
Azad Moopen is a member of Healthcare

Age, Biography and Wiki

Birth Day April 15, 1953
Birth Place Dubai, United Arab Emirates, India
Age 70 YEARS OLD
Birth Sign Taurus
Residence Kerala
Alma mater Calicut Medical College Delhi University
Home town Kalpakancheri, Kerala
Board member of Aster DM Healthcare (Chairman and Managing Director) NORKA-Roots (Director) National Committee on Healthcare (Chairman) Confederation of Indian Industry (3. Chairman)
Awards Pravasi Bharatiya Samman (2010) Padma Shri (2011)
Website asterdmhealthcare.com

💰 Net worth: $1 Billion (2024)

Azad Moopen's net worth is estimated to reach an impressive $1 billion by 2024. With his notable contribution to the healthcare industry in India, he has become a prominent figure in the field. As the founder and chairman of Aster DM Healthcare, one of the largest healthcare conglomerates in the country, Moopen has played a vital role in revolutionizing the healthcare services. His visionary approach and dedication have not only earned him substantial wealth but also immense respect within the industry. With his extensive knowledge and expertise, Azad Moopen continues to be a driving force behind the advancement and accessibility of quality healthcare in India.

2015 $1.1 Billion
2016 $1.5 Billion
2017 $1 Billion
2018 $1.03 Billion

Biography/Timeline

1953

Azad Moopen was born in 1953 in an Indian village Kalpakancheri in Malappuram district of Kerala. His family owned a bulk of land in the area of Kalpakancheri, a part of Valluvanad in Southern Malabar. His Father, ahmed Unni Moopen, was involved in the freedom struggle during the 1940s. Azad Moopen passed the MBBS with a gold medal and an MD in general medicinefrom the Calicut Medical College, Kerala, and a diploma in chest disease from Delhi University.

1982

In 1982, he started his career at the Calicut Medical College, where he served as a Medical Lecturer for five years before moving to Dubai in 1987. There he starting a single Doctor practice at his own clinic. Over the last 26 years, he established a chain of Health care facilities in West Asia with 175 unit hospitals, poly clinics, pharmacies and diagnostic centers in UAE, Qatar, Oman and Saudi Arabia. His firm, Aster DM Health care employs about 10,000 people in the Middle East, and serves more than 7 million patients a year.

2001

He participated in establishing the 600-bed tertiary care Malabar Institute of Medical Sciences (MIMS) hospital at Kozhikode in Kerala in 2001. This was the first multi-specialty hospital in India to receive National Accreditation Board for Hospitals & Health care Providers accreditation in 2007. The second 150-bed MIMS hospital was set up at Kottakkal in Malappuram district in 2009.

2008

MIMS Charitable Trust under his leadership established a rural health centre at the backward Vazhayur Panchayat near Kozhikode in 2008 and adopted 7,000 BPL members for comprehensive free out-patient and in-patient care. The trust is adopting the BPL population in the three wards around MIMS in the Corporation of Kozhikode and also plans to conduct a breast and cervical cancer screening program.

2013

He was the Gulf Area convener of the Malabar Airport Development Action Committee (MADAC), which spearheaded the efforts for the establishment of Kozhikode International Airport through a public–private partnership initiative in the 1990s. Kozhikode International Airport is the first airport set up with such private participation in the country. He is the founding chairman of the Association of Kerala Medical Graduates (AKMG) and the Association of Indian Muslims (AIM) in the UAE.

2015

Dr. Moopen initiated innovative corporate social responsibility (CSR) programmes and some of the ongoing non-profit activities of the Foundation are establishment of stand-alone community dialysis centers, early disease detection and cancer screening centers, radiation oncology centers, free paediatric and adult cardiac surgery programmes, subsidies for advanced surgical treatments for underprivileged people, village adoptions and local empowerment programme for women and children, various health and safety awareness campaigns etc., across Gulf countries, India, Africa, Afghanistan and Philippines, either directly and through supporting NGOs. He is also actively involved in setting up educational establishments in Saudi Arabia, India and the UAE in moulding Future generations. On 14 July 2015, Aster DM Health care, chaired by Moopen, made a donation of US$ 2.72 million to al Jalila Foundation, a UAE based charitable organization promoting medical education and research.

2019

Dr. Moopen has set up Dr. Moopen’s Foundation for uplifting and extending Health care charitable benefits to downtrodden in wider geographies. Foundation focuses on Health care, educational and social philanthropies through "Healing Touch" activities. He has recently gave 20% of his wealth (about Rs.1 billion) for the philanthropic activities for support of the social changes.

Some Azad Moopen images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.