Shiv Nadar’s Net Worth 2022, Biography | Income | Asset
Shiv Nadar’s Net Worth 2022, Biography | Income | Asset
Shiv Nadar’s Net Worth 2022:
Net Worth: | $28.7 Billion |
Name: | Shiv Nadar |
Net Worth In Indian Rupees: | 2.09 Lakh Crore |
Salary: | 2 Billion + |
Monthly Income: | 160 Million + |
Date of Birth: | July 14, 1945 |
Gender: | Male |
Profession: | Indian industrialist |
Nationality: | Indian |
Shiv Nadar’s Net Worth 2022 | Bio Detail
Shiv Nadar’s Net Worth 2022, biography, age, wife, height, and weight, among other things, are all detailed on this page. Shiv Nadar is an Indian tech tycoon who will be the third richest Indian businessman in 2022, with a net worth of $28.7 billion. Shiv Nadar, the founder and chairman of HCL, has transformed the IT hardware company into an IT Enterprise over the last three decades. He has grown his company by constantly redefining its focus. HCL was founded in 1976 in a garage by Shiv Nadar, an Indian IT pioneer, to manufacture calculators and microprocessors.
His HCL Technologies, with $10.2 billion in revenue, is now one of India’s largest software service providers. He will hand over the chairmanship of HCL Technologies to his daughter, Roshni Nadar Malhotra, in July 2020. And now he is chairman emeritus. HCL Technologies hires and trains high school graduates on the job, employing 169,000 people in 50 countries. Nadar, a well-known philanthropist in India, has donated $662 million to his Shiv Nadar Foundation, which supports educational causes.
Shiv Nadar is an Indian industrialist who founded HCL Technologies Limited and the Shiv Nadar Foundation. He was born in 1945 in the village of Moolaipozhi in the district of Thoothukudi, Tamil Nadu, India. He comes from a middle-class family. His father was Sivasubramaniya Nadar, and his mother, Vamasundari Devi, was the sister of Dina Thanthi newspaper founder S. P. Adithanar.
He finished his education at Kumbakonam’s Town Higher Secondary School. He was later admitted to Elango Corporation Higher Secondary School in Madurai. He was admitted to the sixth grade in June 1995 and attended Town High School until June 1997. He later attended St. Joseph Boys Higher Secondary School in Trichy for his secondary education. He holds an Electrical Engineering degree from PSG College of Technology in Coimbatore and a pre-university degree from American College in Madurai.
Nadar married Kiran Nadar, an art collector, and they have a daughter together. As the company’s chairperson, his daughter, Roshni Nadar, is currently in charge of and overseeing HCL Technologies Limited.
Net Worth | $28.7 Billion |
---|---|
Born | July 14, 1945 (Age – 76) |
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 (Kiran Nadar) |
Children | 1 (Daughter – Roshni Nadar) |
Shiv Nadar’s Net Worth 2022 | Salary
Shiv Nadar The company’s current net worth is estimated to be around $28.7 billion (USD 2.870 crores) (Rs. 2.09 Lakhs Crores). Shiv Nadar and his family own 60 percent of HCL Technologies, an Indian software developer. The family also owns 50% of HCL Infosystems, a computer manufacturer and service provider. Despite his position as chairman of the board, he is solely responsible for his family’s shares. The Nadars also own several paintings valued at more than $85 million, and his wife is the director of the Kiran Nadar Museum of Art in New Delhi.
Name | Shiv Nadar |
Net Worth (2022) | $28.7 Billion |
Net Worth In Indian Rupees | 2.09 Lakh Crore INR |
Profession | Indian industrialist |
Monthly Income And Salary | $160 Million + |
Yearly Income | $2 Billion + |
Last Updated | 2022 |
His income model:
Daily | USD 1,562,726 |
Weekly | USD 7,813,631 |
Monthly | USD 33,859,070 |
Annual | USD 406,310,743 |
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
Career | Shiv Nadar’s Net Worth 2022
Shiv Nadar began his career in 1967 when he established HCL in a garage to manufacture calculators and microprocessors. To further develop his business, he renovated his IT enterprise from an IT hardware corporation over three decades. Many people backed business tycoon Shiv, including S. Raman, Subhash Arora, DS Puri, Yogesh Vaidya, and Mahendra Pratap, Ajai Chowdhry, the ex-Chairman of HCL, and, last but not least, Arjun Malhotra (CEO and Chairman, Headstrong)
HCL bet and entered the global market with their Far East computers in Singapore in 1980 to sell IT hardware. During the same year, the company earned Rs. 1 million in revenue while operating in Singapore. HCL currently employs over 150,000 people in 49 countries around the world. At the same time, Nadar remains HCL’s largest shareholder with no management control.
Since the mid-1990s, Nadar has worked to establish India’s educational structure through his foundation, Shiv Nadar Foundation.
Nadar founded the SSN College of Engineering in Chennai, Tamil Nadu, in 1996, for the future development of students. Nadar also endowed the college with Rs. 1 million in HCL shares in his father’s name. In 2006, Nadar stated that the college would promote research and ensure that students benefited from collaborations with foreign universities. He joined the Indian School of Business’ administrative committee in 2005.
Until 2014, Nadar was the director of the Indian Institute of Technology Kharagpur (IIT Kharagpur), a technical institution. Nadar was awarded the Padma Bhushan in 2008 for his achievements in the IT industry. HCL is now India’s third-largest software services supplier by market capitalization and a $9.9 billion revenue generator.
Milestones
- 1945 Shiv Nadar was born in a village in Tamil Nadu, India.
- In 1976, Hindustan Computers is founded with a $20,000 investment from partners.
- After IBM leaves India, the company begins selling microcomputers in 1978.
- 1994 Establishes the Shiv Nadar Foundation, which focuses on education.
- HCL Technologies raises $170 million in an IPO in 1999.
- Axon Group in the United Kingdom is purchased for approximately $600 million in 2008.
- VidyaGyan, a free education program for top rural students, begins in 2009.
- 2009 Roshni becomes CEO of the holding company HCL Corp.
- In 2010, HCL Technologies sells 2.5 percent of its stock for philanthropic purposes.
- Volvo’s external IT business is acquired by HCL Technologies in 2016.
Shiv Nadar’s Expenditure Pattern
Shiv Nadar spends money on automobiles and other purchases.
Shiv Nadar’s Cars and Other Purchases
A Rolls Royce Phantom is among Nadar’s most notable vehicles. He also purchased a lavish bungalow in Delhi for his daughter.
Highlights
Here are some of Shiv Nadar’s best moments:
- Dataquest Information Technology Man of the Year (1995) – Won
- Madras University bestowed an honorary doctorate on him (2007)
Shiv Nadar’s Valuable Advice
Now that you know everything there is to know about Shiv Nadar’s net worth and how he achieved success, let’s look at some of the lessons we can take from him:
Maintain Low Expectations: High expectations often lead to disappointment, pain, and loss, so keep your expectations low while continuing to work hard at what you’re doing.
Recognize the Change: Acknowledging change indicates that you are fully aware of the situation, which will help when change occurs and you transition from the stage of a shock to acceptance.
Recognize and Accept Change: Accepting change can be difficult, and you may resist it at first, but you must understand that doing so will allow you to make the necessary adjustments in your life.
Summary | Shiv Nadar’s Net Worth 2022
Shiv Nadar, the founder and chairman of HCL, is an Indian tech tycoon who has transformed the IT hardware company into an IT Enterprise over the last three decades by constantly reinventing his company’s focus. Today, HCL has a global presence in 42 countries through offices, delivery centers, and innovation labs, with over 1,37,000 professionals serving in various positions.
Shiv Nadar’s net worth is estimated to be $28.7 Billion in 2022.
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