The BR Shetty story: How one of UAE's most successful entrepreneurs went bust!

When BR Shetty landed in Abu Dhabi in the 1970s, he came with big dreams and just $8 in his pocket. He went on to create the healthcare giant NMC Health and Finablr, a financial services firm, both of whom listed on the London Stock Exchange. But that is only half the story. How could such a massive empire go bust? #brshetty #nmchealth #financialscams

Twitter: @bisboworld

Sources

PTI
NRI gifts Rolls Royce to singer Yesudas, December 3, 2003

Bloomberg
How BR Shetty went from billionaire to bust; Ben Stupples, Lisa Pham Feb 20, 2020,
London dreams turn into a nightmare for NMC, Finablr brothers, March 17, 2020

Economic Times
The staggering rise and incredible fall of a billionaire; Indulekha Aravind, Apr 29, 2020

Gulf News
Banks asked to search and seize BR Shetty’s accounts in UAE; Mazhar Farooqui, April 26, 2020

Fortune India
B.R. Shetty: Prescribing growth; Anshul Dhamija, Sep 21, 2019

The Mint
Shetty’s firm may be offered debt recast; Shayan Ghosh, June 12 2020
I haven’t done anything wrong, says NMC Health’s BR Shetty; M. Raghuram, Apr 30, 2020

Reuters
NMC founder owes over $250 million to Bank of Baroda; Saeed Azhar, Abhirup Roy, May 19, 2020

www.yahoo.finance.com
https://news.ycombinator.com/item?id=22986003
https://www.youtube.com/watch?v=5RCkaNC1HEQ

American accent voiceover credit: “shubby doo”
https://m.youtube.com/channel/UChvdIb1QqOjsvQ7ebwaErOg
Shubham Mohapatra

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