According To-Shiv Nadar Net Worth And Lifestyle , Shiv Nadar is the third richest person in India and the 56th richest person in the world. His net worth as of 2023 is $28.7 billion. Shiv Nadar is an Indian tech tycoon, who has turned the IT hardware company into an IT Enterprise over the last three decades. Check out his biography, age, wife, height, weight, and more details on this page.
He has been able to develop his company by constantly reinventing its focus. Indian IT pioneer Shiv Nadar cofounded HCL in 1976 as a calculator manufacturer and microprocessor maker. HCL Technologies, whose revenue is $10.2 billion (revenue), is among India’s largest software providers today. You can also check Vijay Kedia Net Worth and Rakesh Jhunjhunwala Net Worth.
Roshni Nadar Malhotra, his daughter, took over the chairmanship of HCL Technologies in July 2020. The company now employs 169,000 people in 50 countries worldwide, and recruits high school graduates and trains them on the job. In order to support education-related causes, Nadar has donated $662 million to his Shiv Nadar Foundation, one of India’s leading philanthropists.
Net worth of Shiv Nadar
Shiv Nadar is estimated to have a current net worth of around $28.7 billion.
| Net Worth: | $28.7 Billion |
| Name: | Shiv Nadar |
| Net Worth In Indian Rupees: | 2.09 Lakh Crore |
| Salary: | 2 Billion + |
| Monthly Income: | 160 Million + |
| Age: | 77 Yrs |
| Date of Birth: | July 14, 1945 |
| Gender: | Male |
| Profession: | Indian industrialist |
| Nationality: | Indian |
Biography of Shiv Nadar
Founder and Chairman Emeritus of HCL Technologies Limited and the Shiv Nadar Foundation, Shiv Nadar is an Indian billionaire industrialist. In 1945, he was born in Moolaipozhi Village in Thoothukudi district, Tamil Nadu, India. He was from a middle-class family. His father was Sivasubramaniya Nadar and his mother was Vamasundari Devi, who was the sister of Dina Thanthi newspaper founder S. P. Adithanar.
Upon completing his schooling at Town Higher Secondary School, Kumbakonam, he was admitted to Elango Corporation Higher Secondary School, Madurai.
In June 1995, he was admitted into the 6th class and continued schooling until June 1997, in Town High School. In the following years, he attended St. Joseph Boys Higher Secondary School, Trichy for his high school education. He holds a degree in Electrical Engineering from PSG College of Technology, Coimbatore, and a pre-university degree from American College, Madurai. Also Read-Nadar Net Worth And Lifestyle
A milestone
Shiv Nadar is born in Tamil Nadu, India, in 1945.
Invests $20,000 with partners to create Hindustan Computers.
After IBM leaves India, the company starts selling microcomputers.
Establishes the Shiv Nadar Foundation, which focuses on education.
In 1999, HCL Technologies raises $170 million through an IPO.
Axon Group is acquired for approximately $600 million in 2008.
The VidyaGyan program provides free education to top rural students in 2009.
HCL Corp’s daughter, Roshni, becomes CEO in 2009.
In 2010, HCL Technologies sold 2.5 percent of its stock for philanthropic donations.
Volvo’s external IT business is acquired by HCL Technologies in 2016.
Career of Shiv Nadar
In 1967, Shiv Nadar founded HCL to manufacture calculators and microprocessors in his garage. He renovated his IT company from an IT hardware company in three decades to further develop his business. The friends of business tycoon Shiva included S. Raman, Subhash Arora, DS Puri, Yogesh Vaidya, and Mahendra Pratap, Ajai Chowdhry, former Chairman of HCL, and Arjun Malhotra (CEO and Chairman, Headstrong).
In 1980, HCL wagered and entered the worldwide market with their Far East computers in Singapore to sell IT hardware. The company earned Rs. 1 million from its operations in Singapore the following year. Currently, HCL has over 150,000 employees in 49 countries across the world. At the same time, Nadar remains the largest shareholder of HCL without any management control.
Nadar has been working on setting up the educational system of India through his foundation Shiv Nadar Foundation since the mid-1990s.
For the future development of his students, Nadar founded the SSN College of Engineering in Chennai, Tamil Nadu, in 1996. He also endowed the college with Rs. 1 million worth of HCL shares in his father’s name.
Nadar announced in 2006 that the college would encourage research and ensure that students benefit from partnerships with foreign universities. He joined the Indian School of Business administrative committee in 2005. As director of the leading group of governors at the Indian Institute of Technology Kharagpur (IIT Kharagpur), Nadar served until 2014.
As India’s third-largest software services supplier by market cap and a $9.9 billion revenue-generating company, HCL won the Padma Bhushan in 2008 for his success in the IT industry.Nadar Net Worth And Lifestyle
Questions and Answers
Shiv Nadar: who is he?
Founder and chairman of Shiv Nadar Foundation and HCL Technologies Limited, Shiv Nadar is an Indian billionaire industrialist.
Shiv Nadar’s net worth is how much?
Affluent Indian Shiv Nadar has a net worth of $28.7 billion (Rs. 2.09 lakh crores).
Shiv Nadar was born where?
In 1945, Shiv Nadar was born in Moolaipozhi Village, in the Tamil Nadu district of Thoothukudi.
Shiv Nadar’s wife is who?
Kiran Nadar and Shiv Nadar had a daughter together.