Former pharma salesman B.R. Shetty immigrated to Abu Dhabi in 1972. He made a big splash last May with the acquisition of UK foreign exchange group Travelex Holdings for an estimated $1.6 billion together with Centurion, the investment arm of Saeed Bin Butti Al Qabaisi, his longtime business partner,” lists his profile.
“Shetty already owns the UAE Exchange, which handles over 10 per cent of all inward foreign remittances into India. His London-listed NMC Health is the UAE’s largest private health care firm. Other interests include generics firm Neopharma which is a contract manufacturer for Pfizer and Merck Serono. Shetty also owns prized real estate such as an apartment on the 100th floor of Dubai’s Burj Khalifa, the world’s tallest building. He offered jobs at NMC to 46 Indian nurses who were stranded in Iraq’s Tikrit after militants seized it.