Sridhar Vembu Net worth
Current Net Worth – $3.75 Billion (USD – 375 Crores), (Rupees – 29.7 Thousand Crores)
Sridhar Vembu short biography
| Net Worth | $3.75 Billion |
|---|---|
| Born | 1968 (Age – 54) |
| Identified as | Founder and CEO of Zoho Corporation |
| Status | Indian business tycoon |
| Education | Indian Institute of Technology, Madras Bachelors degree |
| Nationality | India |
| Residence | Pleasanton, California |
| Spousal status | Married (Pramila Srinivasan) |
| Children | 1 |
Sridhar Vembu has a net worth of $3.75 Billion (Rupees – 29,799 Crores), making him one of the richest men in India.
He is the 59th richest Indian and he is known as an Indian Business tycoon.
He is the founder and chief executive officer (CEO) of Zoho Corporation, a producer of cloud-based business computer code.
He holds a bulk stake in Zoho jointly with his siblings.
Zoho is building a massive 375-acre campus in Austin, Texas, which can conjointly house its Zoho University.
Sridhar’s Zoho has 50 million users worldwide and Zoho One is its primary product with over 45 apps.
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Sridhar Vembu biograpy
| Full Name | Ravi Jaipuria |
| Birthplace | Tanjore, Tamil Nadu, India |
| Height | 6.1 feet; 175 cm |
| Weight | 72 Kg |
| Father | S Vembu |
| Mother | N/A |
Sridhar Vembu was born in 1968, now he is 53 years old.
He belongs to a Tamil family of farmers from a small village in the Thanjavur district, located in Tamil Nadu.
Education
In 1989, he graduated from the Indian Institute of Technology, Madras with a bachelor’s degree.
From Princeton University in New Jersey, he got his Ph.D. and MS degrees.
Career
He began his career at Qualcomm in 1994.
Before heading to the port of entry Bay space, his skilled career was infused into working for Qualcomm as a wireless engineer in San Diego, California. At that time he lived in San Jose and Pleasanton.
He started the business as AdventNet together with 2 siblings and 3 friends.
In 1996, along with two of his brothers, Vembu founded a computer code production house known as AdventNet for network instrumentation suppliers.
He created Zoho faculties in 2004 to provide rural students with a line of work in computer code creation education as an alternative to traditional university education.
In 2009, the company was renamed Zoho Corporation, which specializes in offering customer relationship management services with SaaS support.
In particular, his firm, Zoho, has developed offices in the rural Mathalamparai district of Tenkasi, Tamil Nadu, and in the Renigunta residential region of Andhra Pradesh.
A corporate press release reports that 15-20% of its engineers have no degree from college, but have received vocational training from the faculties of Zoho.
As of 2020, he has an 88% stake in the company with an associate. Forbes’ net worth is estimated at USD 2.44 billion.
He proclaimed a “rural college start-up” promising free primary education in 2020.
Private & early life
He is married to Pramila Srinivasan & has 1 child with her.
Awards
- In India, he won the 2019 painter & Young “Entrepreneur of the Year Award”.
- In 2021, he was awarded the Padma Shri, India’s fourth-highest civilian honor.
- In 2021, he was assigned to India’s Planning Board of National Security (NSAB).
Controversy
Vembu was attacked by the Rashtriya Swayamsevak Sangh, a Hindu nationalist group, in January 2020 for joining and promoting a high-profile event union.
Vembu claimed that his presence was a matter of his personal preference and described the criticism as unneeded.
Net worth statistics
- October 2018 – $1.6 B
- October 2019 – $1.8 B
- October 2020 – $2.4 B
- April 2021 – $3.8 B
Sridhar Vembu Quote
“If you really put passion and soul in your product, it shows, and the customers will notice.”
– Sridhar Vembu
