N.R. Narayana Murthy net worth
Current Net Worth – $5 Billion (USD – 500 Crores), (In Rupees – 41,862 Crores)
N.R. Narayana Murthy short biography
| Net Worth | $5 Billion |
|---|---|
| Born | August 20, 1946 |
| Age | 77 years |
| Identified as | Co-founder of Infosys |
| Status | Indian Businessman |
| Education | Indian Institute of Technology, Master of Science |
| Nationality | Indian |
| Residence | Banglore, India |
| Spousal status | Married |
| Wife | Sudha Murthy |
| Children | 2 (Son – Rohan Murthy & Daughter – Akshata Murthy) |
N.R. Narayana Murthy has a net worth of $5 Billion (USD – 500 Crores), (In Rupees – 41,862 Crores), making him one of the Top 100 Richest men in India.
He co-founded Infosys and served as CEO, president, chairman, and chief mentor before retiring and becoming chairman emeritus. In which he still has a minority stake.
He is an Indian business magnet worth billions of dollars.
He founded Infosys in 1981 and served as the company’s CEO and chairman from 2002 to 2011.
Fortune magazine has called Murthy one of the top 12 entrepreneurs of all time.
After 30 years with the group, Murthy stepped down as chairman in 2011 but returned in 2013 to hand over management to a competent CEO in 2014.
For his contributions to outsourcing in India, he has been called the “Father of the Indian IT Industry” by Time magazine.
N.R. Narayana Murthy facts
- Legendary Infosys cofounder and retiring chairman N.R. Narayana Murthy still owns a small minority ownership in the company.
- After 30 years with the firm, Murthy retired as chairman in 2011, but he returned in 2013 to transfer control to a qualified CEO in 2014.
- Murthy made headlines in 2017 for voicing worries about purported corporate governance failings at Infosys, which the business refuted.
- As a result of the scandal, the CEO resigned, and the board was reorganized, with retired cofounder Nandan Nilekani taking over as non-executive chairman.
- Sudha Murthy, the head of the Infosys Foundation and his wife, is a successful entrepreneur, educator, novelist, and author.
- His private investment company Catamaran Ventures decided to sell its interest in a partnership with Amazon India in August 2021.
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N.R. Narayana Murthy biography
| Full Name | N.R. Narayana Murthy |
| Birthplace | Sidlaghatta, Kingdom of Mysore, British India |
| Height | 5.3 feet, 161 cm |
| Weight | 75 Kg |
| Father | N. Rama Rao |
| Mother | Padavathamma Murthy |
Narayana Murthy was born on August 20, 1946, to a middle-class Brahmin family in Shidlaghatta, Chikkaballapura district, Karnataka.
Murthy is the father of two children: Rohan Murty, a son, and Akshata Murty, a daughter.
He is the father-in-law of Rishi Sunak, the new Chancellor of the Exchequer, and a British MP.
Education
He went to the National Institute of Engineering after graduating high school and earned a bachelor’s degree in electrical engineering in 1967. The Indian Institute of Technology Kanpur awarded him a master’s degree in 1969.
Career
Narayana Murthy started his career as a Research Assistant for a faculty member at IIM Ahmedabad before becoming the chief systems programmer.
He developed and introduced a basic interpreter for Electronics Corporation of India Limited, and worked on India’s first time-sharing computer system.
Softronics is the name of the company he created. He joined Patni Computer Systems in Pune after the business collapsed after around a year and a half.
Murthy and his six tech professionals formed Infosys in 1981 with a Rs 10,000 start-up capital contribution from his wife Sudha Murthy.
He worked as a chief systems programmer at the Indian Institute of Management Ahmedabad and Patni Computer Systems in Pune before joining Infosys (Maharashtra).
Murthy led Infosys as CEO for 21 years, from 1981 to 2002, before being replaced by co-founder Nandan Nilekani.
From 2002 to 2006, he served as the board’s chairman, during which he became the Principal Mentor.
He left the organization in August 2011 and was given the title of Chairman Emeritus.
Murthy is an independent director of the HSBC corporate board and has also worked on the boards of DBS Bank, Unilever, NDTV, and ICICI Bank.
He is a member of British Telecommunications’ Asia Pacific Advisory Board. He co-chaired the Davos World Economic Forum in 2005.
Murthy rejoined Infosys as Executive Chairman and Additional Director on June 1, 2013. Murthy revealed on the 12th of June 2014 that he would step down as Executive Chairman on the 14th of June.
He is currently the Chairman of the Public Health Foundation of India’s Governing Board.
He’ll stay on as Non-Executive Chairman until October 10th. Murthy was to be appointed Chairman Emeritus on the 11th of October.
Rohan began working at Infosys in June 2013 as his father’s executive assistant.
He left Infosys in June 2014.
His tweet some time ago:
“Becoming a better Corporate Citizen” is an excellent paper in HBR (https://t.co/gvtvxbYr6B) on doing well by doing good. I congratulate the authors – Indra Nooyi and Vijay Govindarajan. @vgovindarajan @IndraNooyi
— Narayana Murthy (@Infosys_nmurthy) March 6, 2020
Private & early life
Sudha Murthy, his wife, is a social worker and author who works with the Infosys Foundation on philanthropic projects.
Murthy has two children: Rohan Murty, a son, and Akshata Murthy, a daughter.
Rohan joined Infosys in June 2013 as his father’s executive assistant. In June 2014, he left Infosys.
Rishi Sunak, the UK’s Chancellor of the Exchequer and Conservative MP for Richmond, Yorkshire, married Akshata in 2009.
Awards
| Year | Award |
|---|---|
| 2000 | Padma Shri by the Government of India |
| 2003 | Ernst & Young World Entrepreneur Of The Year Ernst |
| 2007 | IEEE Ernst Weber Engineering Leadership Recognition |
| 2007 | Honorary Commander of the Order of the British Empire (CBE) by the Government of the United Kingdom |
| 2008 | Officer of the Legion of Honor by the Government of France |
| 2008 | Padma Vibhushan by the Government of India |
| 2009 | Woodrow Wilson Award for Corporate Citizenship by Woodrow Wilson International Center for Scholars |
| 2010 | IEEE Honorary Membership by the Institute of Electrical and Electronics Engineers |
| 2011 | NDTV Indian of the Year’s Icon of India NDTV |
| 2012 | Hoover Medal by the American Society of Mechanical Engineers |
| 2013 | Sayaji Ratna Award by Baroda Management Association, Vadodara |
| 2013 | Philanthropist of the Year by The Asian Awards |
| 2013 | 25 Greatest Global Indian Living Legends by NDTV |
| 2014 | CIF Chanchlani Global Indian Award by Canada India Foundation |
Net Worth statistics
- March 2011 – $2.0 B
- March 2012 – $1.7 B
- March 2013 – $1.6 B
- March 2014 – $1.7 B
- March 2015 – $2.1 B
- March 2016 – $1.9 B
- March 2017 – $1.8 B
- March 2018 – $2.1 B
- March 2019 – $2.4 B
- April 2020 – $1.9 B
- April 2021 – $3.5 B
- April 2022 – $4.4 B
- April 2023 – $4.5 B
- April 2024 – $4.7 B
N.R. Narayana Murthy Quote
“Nobody is bothered about an institution more than its alumni.”
– N.R. Narayana Murthy
