Shiv Nadar net worth
Current Net Worth – $35.1 Billion (USD – 3,510 Crores), (Rupees – 2.93 Lakhs Crores)
Shiv Nadar short biography
| Net Worth | $35.1 Billion |
|---|---|
| Born | July 14, 1945 (Age – 78) |
| Identified as | Founder of SSN College of Engineering, & Founder of HCL Technologies |
| Status | Indian Billionaire Industrialist |
| Education | PSG College of Technology |
| Nationality | Indian |
| Residence | Delhi, India |
| Spousal Status | Married |
| Wife | Kiran Nadar |
| Children | 1 (Daughter – Roshni Nadar) |
Shiv Nadar has a net worth of $35.1 Billion (USD – 3,510 Crores), (Rupees – 2.93 Lakhs Crores), making him one of the top richest men in India.
He is an Indian billionaire industrialist and also the founder & chairman of Shiv Nadar Foundation and HCL Technologies Limited.
HCL, an Indian multinational information technology (IT) services and consulting organization settled in Noida, Uttar Pradesh, India.
Today, it is India’s third-biggest software services supplier by market cap and a $9.9 billion revenue-generating company.
In 2008, Nadar was awarded the Padma Bhushan for his thriving endeavor in the IT industry.
You may also like:
Shiv Nadar biography
| Full Name | Radhakishan Damani |
| Birthplace | Moolaipozhi, Madras Presidency, British India |
| Height | 5.3 feet, 162 cm |
| Weight | 72 Kg |
| Father | Sivasubramaniya Nadar |
| Mother | Vamasundari Devi |
The billionaire industrialist Nadar was born in 1945 in Moolaipozhi Village, in Thoothukudi district, Tamil Nadu, India.
His father was Sivasubramaniya Nadar and his mother Vamasundari Devi was the sister of S. P. Adithanar, founder of Dina Thanthi newspaper.
Education
Shiv Nadar has studied at Town Higher Secondary School, Kumbakonam, later he was admitted to Elango Corporation Higher Secondary School, Madurai.
In June 1995, he was admitted into the 6th class and proceeded with his schooling until June 1997, in Town High School. Later for his high schooling, he had joined St. Joseph Boys Higher Secondary School, Trichy.
He has collected a degree in Electrical Engineering from PSG College of Technology, Coimbatore, and a pre-university degree in the American College, Madurai.
Career
In 1967, he has started his profession at Walchand group’s College of Engineering, Pune (COEP), but he shortly surrendered it to start his own endeavor, in organizations with a few friends and partners.
Shiv founded HCL in 1976 in a garage to make calculators and microprocessors.
Steadily strengthened the core of his company and renovated an IT enterprise from the IT hardware corporation over the next three decades.
The supporters to help Nadar were Ajai Chowdhry the Ex-Chairman of HCL, Arjun Malhotra (CEO and Chairman, Headstrong), S. Raman, Subhash Arora, DS Puri, Yogesh Vaidya, and Mahendra Pratap.
They were going to be market tell digital calculators in the Indian marketplace.
In 1980, HCL wagered into the worldwide market with their Far East computers in Singapore to sell IT hardware.
The company recorded a revenue of Rs 1 million in the first year and went on to handle Singapore operations.
Now the company is fulfilling 150,000 employees in 49 countries across the world.
Nadar remained the biggest shareholder of HCL the same without any management control.
Since the mid-1990s he has focused on building up the educational structure of India through the support of Shiv Nadar Found.
In 1996, after his father, Nadar had established SSN College of Engineering in Chennai, Tamil Nadu, in his father’s name, Nadar also endowed Rs. 1 million value of HCL shares to the college.
In 2006, Nadar declared that the college would promote research in addition to ensuring that students benefit from foreign university tie-ups.
In 2005, he joined the administrative committee of the Indian School of Business.
Until 2014, Nadar has served as the director of the leading group of governors, the Indian Institute of Technology Kharagpur (IIT Kharagpur), a technical institution.
His income model:
| Daily | USD 1,562,726 |
| Weekly | USD 7,813,631 |
| Monthly | USD 33,859,070 |
| Annual | USD 406,310,743 |
Private & early life
Nadar was married to Kiran Nadar and have a daughter with her.
His daughter Roshni Nadar is now overseeing HCL Technologies Limited as the chairperson.
Philanthropy
In March 2008, Nadar SSN Trust announced the structure of two VidyaGyan schools in UP for rustic learners, where more than 200 students from 50 regions of Uttar Pradesh will be delivered free scholarships.
In February 2011, Nadar visited Town Higher Secondary School and contributed to a better education system by PCs and other supportive gadgets worth Rs. 80 lakhs.
He has donated over $662 million from his wealth to his Shiv Nadar Foundation, which supports educational causes.
“Being monitored is never conducive to creativity,” says Mr. Sridhar Vembu, CEO of @zoho. It takes a strategic mind and a unique approach to manage an empire. Listen closely as Mr. Vembu shares the magic mantra that can improve your chance at success today. #Spark360 pic.twitter.com/JSveCoVLDV
— ShivNadar Foundation (@ShivNadarFDN) April 22, 2021
Awards
| Date | Awards |
|---|---|
| 1995 | Dataquest IT Man of the year |
| 2005 | E&Y Entrepreneur of the Year |
| 2006 | CNBC Business Excellence Award |
| 2007 | Privileged fellowship from the “All India Management Association” |
| 2010 | Dataquest Lifetime Achievement Award |
| 2011 | Tallied among Forbes’ 48 Heroes of Philanthropy in the Asia Pacific |
| 2017 | India Today magazine positioned Shiv Nadar #16th spot in India’s 50 most influential individuals of 2017 chart |
Net worth statistics
- March 2011 – $5.6 B
- March 2012 – $5.0 B
- March 2013 – $6.5 B
- March 2014 – $11.1 B
- March 2015 – $14.8 B
- March 2016 – $11.1 B
- March 2017 – $12.3 B
- March 2018 – $14.6 B
- March 2019 – $14.6 B
- April 2020 – $11.9 B
- April 2021 – $23.5 B
- April 2022 – $28.7 B
- April 2023 – $25.6 B
- April 2023 – $36.9 B
Shiv Nadar Quote
“An 18-year-old is good enough for our business, and we can teach them engineering in two years.”
– Shiv Nadar
