Shiv Nadar Net Worth: How Did Shiv Nadar Make His Billions?

Chairperson of HCL Enterprise, Shiv Nadar’s Net Worth is estimated at $37 Billion (Rs. 3 lakh crores). Shiv Nadar is the third richest person in India and the 56th richest person in the world. Shiv Nadar is an Indian tech tycoon who is the third most prosperous Indian businessman with a net worth of $37 billion as of 2024. He is the founder and chairman of HCL and has transformed the IT hardware company into an IT enterprise over the last three decades.

He has been able to grow his company by constantly reshaping the focus of his company. Indian IT pioneer Shiv Nadar co-founded HCL in a garage in 1976 to make calculators and microprocessors. However, today with $10.2 billion (revenue) HCL Technologies is one of India’s largest software service providers. In July 2020, he resigned as chairman of HCL Technologies and handed over the position to his daughter Roshni Nadar Malhotra and now he has become chairman emeritus.

HCL Technologies, which employs 169,000 people in 50 countries around the world, hires high school graduates and trains them on the job. One of India’s leading philanthropists, Nadar has donated $662 million to his Shiv Nadar Foundation, which supports education-related causes. Must read Andrew Yang’s Net Worth.

What is Shiv Nadar’s Net Worth and Salary?

Indian billionaire businessman and philanthropist, Shiv Nadar’s net worth is around $37 Billion (Rs 3 lakh crores). Shiv Nadar along with his family controls 60 percent of Indian software developers HCL Technologies. The family also owns 50 percent of the computer manufacturer and services business HCL Infosystems. Although he is the chairman of the company, he is credited with all the shares in his family.

The Nadar family also owns numerous paintings worth over $85 million, and his wife runs the Kiran Nadar Museum of Art in New Delhi. Shiv Nadar’s income mode: Daily Income – USD 1,562,726, Weekly Income – USD 7,813,631, Monthly Income – $160 Million, and Annual Income – $2 Billion. You may also like Anupam Mittal’s Net Worth.

Shiv Nadar Net Worth Statistics

Shiv and Roshni Nadar presented a cheque for Rs. 4 crore for the Prime Minister’s National Relief Fund to Prime Minister Dr. Manmohan Singh in New Delhi on January 17, 2005.

About Shiv Nadar’s Personal Life

Shiv Nadar is an Indian billionaire industrialist, founder, and honorary chairman of HCL Technologies Limited and the Shiv Nadar Foundation. He was born in 1945 in Mullaipozhi village in Thoothukudi district, Tamil Nadu, India. He belongs to an upper-middle-class family. His father was Sivasubramaniya Nadar and his mother Vamasundari Devi was the sister of S.P. Adithanar, founder of the Dina Thanthi newspaper.

He completed his schooling from Town Higher Secondary School in Kumbakonam. Later he joined Elango Corporation Higher Secondary School in Madurai. He joined sixth grade in June 1995 and continued schooling at Town High School until June 1997. Later he joined St. Joseph’s Boys’ Higher Secondary School, Trichy for his higher education.

He holds a degree in Electrical Engineering from PSG College of Technology, Coimbatore, and a pre-university degree from American College, Madurai. Nadar is married to Kiran Nadar, an art collector, and has a daughter. His daughter Roshni Nadar is currently managing and overseeing the company as the Chairperson of HCL Technologies Limited. You can also check Robert Iger’s Net Worth.

Shiv Nadar: Career and Awards

Shiv Nadar started his career in 1967 when he founded HCL in a garage to manufacture calculators and microprocessors. To further grow his company, he rebuilt his IT enterprise from an IT hardware corporation over 3 decades. Many people supported business tycoon Shiv; they were his friends S. Raman, Subhash Arora, DS Puri, Yogesh Vaidya, Mahendra Pratap, former HCL chairman Ajay Chaudhary, and last but not least Arjun Malhotra (CEO and Chairman of Headstrong).

In 1980, HCL entered the worldwide market with its Far East Computers in Singapore to sell IT hardware. In the same year, the company earned a revenue of Rs 1 million while handling its operations in Singapore. Currently, the HCL company has more than 150,000 employees in 49 countries around the world. At the same time, Nadar remains the largest shareholder of HCL without any management control. Also, check Sundar Pichai’s Net Worth.

Shiv Nadar’s Milestones

Since the mid-1990s, Nadar has tried to focus on establishing India’s educational structure through his foundation, the Shiv Nadar Foundation. In 1996, Nadar founded the SSN College of Engineering in Chennai, Tamil Nadu, for the future development of students. Nadar also donated HCL shares worth Rs 1 million to the college, named after his father.

In 2006, Nadar announced that the college would promote research and ensure that students benefit from tie-ups with foreign universities. In 2005, he joined the administrative committee of the Indian School of Business. Until 2014, Nadar served as the director of the leading group of governors, the Indian Institute of Technology Kharagpur (IIT Kharagpur), a technical institute.

In 2008, Nadar was awarded the Padma Bhushan for his successful efforts in the IT industry. Today, HCL is India’s third-largest software services supplier by market cap and a revenue generator of $9.9 billion. See, Rihanna’s Net Worth.

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