Business

Shiv Nadar Net Worth 2021: Biography, Income, Portfolio

Shiv Nadar is an Indian tech mogul, 3rd most prosperous Indian businessman with a net worth of$28.7 billion as of October 2021. Shiv Nadar is the author and president of HCL and has turned the IT tackle company into an IT Enterprise over the last three decades. He has been suitable to develop his company by constantly reinventing his company’s focus. Indian IT colonist Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors. 

 Still, moment his$10.2 billion ( profit) HCL Technologies is among India’s largest software services providers. 

 In July 2020, he stepped down as president of HCL Technologies, handing over the position to his son, Roshni Nadar Malhotra. And has now come the president of emeritus. HCL Technologies, which employs people in 50 countries worldwide, hires high academy grads and trains them on the job. One of India’s leading philanthropists, Nadar, has bestowed$ 662 million to his Shiv Nadar Foundation, which backs education- related causes. 

Shiv Nadar Net Worth 

 Shiv Nadar Current Net Worth is estimated to be around$28.7 Billion (USD Crores) (Rs.2.09 Lakhs Crores). Shiv Nadar controls 60 per cent of Indian software inventors HCL Technologies with his family. The family also owns 50 per cent of computer maker and services business HCL Infosystems. Although he’s the company president, he’s credited all his to his family’s shares. The Nadar family also owns several oils valued at over$ 85 million, and his woman operates the Kiran Nadar Museum of Art in New Delhi. 

 Shiv Nadar Memoir 

 Shiv Nadar is an Indian billionaire industrialist, author and president Emeritus of HCL Technologies Limited and the Shiv Nadar Foundation. He was born in 1945 in Moolaipozhi Village, in Thoothukudi quarter, Tamil Nadu, India. He belongs to an upper-middle- class family. His father was Sivasubramaniya Nadar, and his mama Vamasundari Devi was the family ofS.P. Adithanar, author of Dina Thanthi review. 

 He completed his training at City Advanced Secondary Academy, Kumbakonam. Latterly he got admitted into Elango Corporation Advanced Secondary Academy, Madurai. 

 In June 1995, he was admitted into the 6th class and continued lessoning until June 1997, in Town High School. Latterly for his high education, he’d joinedSt. Joseph Boys Advanced Secondary Academy, Trichy. He has collected a degree in Electrical Engineering from PSG College of Technology, Coimbatore, and apre-university degree in the American College, Madurai. 

 Nadar got married to Kiran Nadar, an art collector and have a son with her. His son, Roshni Nadar, is presently handling and overseeing HCL Technologies Limited as the company’s speaker. 

 Mileposts 

 1945 Shiv Nadar is born in a vill in Tamil Nadu, India. 

 1976 Creates Hindustan Computers, investing$ with mates. 

 1978 Starts dealingmicro-computers after IBM leaves India. 

1994 Establishes Shiv Nadar Foundation, fastening on education. 

 1999 HCL Technologies raises$ 170 million in an original public immolation. 

 2008 Acquires theU.K.’s Axon Group for about$ 600 million. 

 2009 Starts VidyaGyan, furnishing free education to top pastoral scholars. 

2009 Son, Roshni, becomes CEO of holding company HCLCorp. 

 2010 Sells2.5 percent of HCL Technologies for humanitarian donation. 

 2016 HCL Technologies acquires Volvo’s external IT business. 

 Shiv Nadar Career 

Shiv Nadar began his career in 1967 when he innovated HCL in a garage to make calculators and microprocessors. To develop his company further, he repaired his IT enterprise from the IT tackle pot in 3 decades. Numerous people supported business mogul cutter; they were his musketeersS. Raman, Subhash Arora, DS Puri, Yogesh Vaidya, and Mahendra Pratap, Ajai Chowdhry, theEx-Chairman of HCL and last but not the least, Arjun Malhotra (CEO and Chairman, Headstrong) 

 In 1980, HCL gambled and entered the worldwide request with their Far East computers in Singapore to vend IT tackle. In the same time, the company earned a profit ofRs. 1 million while handling its operations in Singapore. Presently, HCL company has over workers in 49 countries across the world. At the same time, Nadar remains the biggest shareholder of HCL without any operation control. 

 Since themid-1990s, Nadar has tried to concentrate on setting up the educational structure of India through his foundation Shiv Nadar Foundation. 

In 1996, Nadar had established the SSN College of Engineering in Chennai, Tamil Nadu, for scholars’ unborn development. Nadar also endowedRs. 1 million value of HCL shares to the council in his father’s name. 

 In 2006, Nadar declared that the council would promote exploration and insure that scholars profit from foreign university tie-ups. In 2005, he joined the executive commission 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 specialized institution. 

 In 2008, Nadar was awarded the Padma Bhushan for his successful bid in the IT assiduity. Moment, HCL is India’s third-biggest software services supplier by request cap and a$9.9 billion profit-generating company.

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