Shiv Nadar Net Worth [Year]: Founder & Chairman of HCL Corporation

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In this article we are going to discuss about Shiv Nadar net worth.

Shiv Nadar is an Indian business magnate, philanthropist and IT industrialist. He co-founded the HCL Technologies company in 1976. Nadar has a net worth of $11.8 billion as of 2019, making him the fifth richest person in India.

Nadar was born into a Hindu family in 1945 in the town of Muthupet, Tamil Nadu. After graduating from the University of Madras with a degree in electrical engineering, Nadar started his career as an engineer at Indian Telephone Industries.

He soon left to co-found HCL Technologies with two friends.

Shiv Nadar Net Worth

HCL Technologies is now one of the largest IT companies in India, and Nadar has been its chairman since inception. He is also the founder of the Shiv Nadar Foundation, a philanthropic organization that focuses on education and social development in India.

Nadar has been recognized for his contributions to Indian business and society. He was awarded the Padma Bhushan, one of India’s highest civilian honors, in 2010.

Nadar lives with his wife and children in New Delhi, India.

Who is Shiv Nadar?

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Shiv Nadar is the founder of HCL and the Shiv Nadar Foundation, one of India’s largest private philanthropies. In 2015, he was ranked by Forbes as the world’s 7th richest man with a net worth of $15.9 billion.[ii] Nadar’s philanthropy is focused on education, with a special emphasis on creating opportunities for children in rural India.

The two men have very different backgrounds, but they share a common interest in helping others. DeVos is a successful businessman and Nadar is a self-made billionaire. They both recognize the importance of giving back to the community and making a difference in the lives of others.

Who is Shiv Nadar?: Shiv Nadar Net Worth

He is a successful businessman and philanthropist who has made a difference in the lives of thousands of people. He is a role model for all of us, showing that it is possible to make a difference in the world, no matter what your background may be.

Richard “Dick” DeVos Jr. is the son of Richard DeVos, co-founder of Amway Corporation. The elder DeVos was ranked by Forbes as the 108th richest person in the United States with a net worth of $4.1 billion in September 2015.[i] As president of DP Fox Ventures, Dick heads up two industrial companies, including his father’s former company, Amway.

Shiv Nadar Net worth [Year]

Shiv Nadar is one of the richest men in India. His net worth is estimated to be around $10.8 billion as of 2019. He founded HCL Technologies, one of the largest technology companies in India.

He also has a large stake in Hindustan Unilever, one of the largest consumer goods companies in India. Nadar is also a major donor to charitable organizations in India. He has donated over $1 billion to various causes in India.

Nadar was born in 1944 in Tamil Nadu, India. He studied electrical engineering at the Indian Institute of Technology, Madras. After graduating, he worked at an American company called Burroughs Corporation.

He was responsible for setting up factories in India, which ultimately led to the founding of HCL Technologies. He served as the CEO of HCL Technologies until 2010. Nadar is one of the richest men in India with an estimated net worth of $10.8 billion.

Nadar donated $1 billion to various charities and his philanthropic work has earned him several awards, including the Padma Vibhushan, India’s second-highest civilian award.

He is also the recipient of the Carnegie Medal of Philanthropy. Nadar’s wife, Kiran, is a major donor to women’s empowerment charities in India. The couple has two daughters and one son.

Shiv Nadar: Career and Education

Shiv Nadar is an Indian entrepreneur and philanthropist who is the founder of HCL Corporation. He is involved in many social, educational and humanitarian activities.

Education

Nadar studied electrical engineering at the University of Madras, graduating in 1967. He then went to the United States to study computer science at the Illinois Institute of Technology, graduating in 1970.

Career

In 1976, Nadar and six other family members pooled together Rs 5000 and started HCL. The company began with a capital of $2,00,000 and a rented office space that consisted of four cubicles.

The company focused on the IT services business and quickly grew into one of India’s most successful technology companies. In 2017, HCL employed over 200,000 people and was listed among the top 10 IT companies in India.

Shiv Nadar Career: Shiv Nadar Net Worth

40 Years of HCL Corporation:

Nadar stepped down as chairman of HCL Corporation in November 2011, turning the company’s reins over to his son, Vineet. He currently serves as chairman of the Shiv Nadar Foundation, a non-profit foundation that focuses on education, social entrepreneurship, and art.

Philanthropy:

Nadar is involved in many social, educational and humanitarian activities. He founded the Shiv Nadar Foundation in 1994 with the goal of promoting education in India.

The foundation has funded over 500 schools and colleges in India, and has partnered with Yale University for a $50 million program to promote innovation and entrepreneurship in India.

Shiv Nadar: Achievements

In 2017, Nadar was awarded the Padma Bhushan Award by the Indian government. He has also won several awards for his business skills and philanthropy, including the Ernst & Young Entrepreneur of the Year award in 2002, the Padma Vibhushan Award in 2013, and the Lifetime Achievement Award at the CNBC-TV18 India Business Leader Awards in 2017.

Shiv Nadar is an Indian entrepreneur and philanthropist who is the founder of HCL Corporation. He is involved in many social, educational and humanitarian activities.

Achievements of Shiv Nadar: GIST Tech Talks was conducted on the 28th of January, 2019 at GIST Hyderabad Campus. The speaker for this event was Anand Deshpande, Founder and CEO of Persistent Systems.

Shiv Nadar Foundation (SNF) is a non-profit charitable organization founded by Shiv Nadar, the billionaire philanthropist and chancellor of SSN College of Engineering in Chennai, India.

Shiv Nadar Achievements: Shiv Nadar Net Worth

Established in 2001, the organization has its headquarters in New Delhi, India. It is governed by a board including experts from various fields who have been appointed for their contribution to society at large.

The foundation implements projects in many areas including education, rural development and information technology.

In November 2018, the foundation launched an AI bot named ‘Naren’ at Tamil Nadu NIT to automate counseling process for students seeking admissions into engineering colleges in Chennai.

The bot will answer a few basic questions from students before forwarding it to a committee of counselors who conduct the process manually.

Shiv Nadar In The Media

Shiv Nadar YouTube Videosย 

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FAQ: Shiv Nadar Net Worth [Year]

๐Ÿ‘‰ How did Shiv Nadar amass his wealth?

Shiv Nadar founded the HCL Info systems in 1976 and received an initial investment of merely $250 from his father. HCL was a computer hardware company that grew into one of India's largest software companies under his leadership. He then founded the SSN College, which is aimed at creating professionals to serve society. He has also started the Shiv Nadar Foundation, which is involved in philanthropic activities.

โœ… What are the major contributions of Shiv Nadar to the society?

Shiv Nadar has made significant contributions to both the business and social landscape of India. He has founded some of the country's most successful businesses, which have provided employment opportunities to lakhs of people. He is also actively involved in philanthropic activities.

๐Ÿ‘‰ What was Shiv Nadar's childhood like?

His father was a chartered accountant, but had to quit his job due to paralysis of his right hand. When he saw the computer at the University of Texas, he decided that this will be something that can be used for computers and bring a revolution in India. He wanted to make computers available at an affordable price point.

Conclusion: Shiv Nadar Net Worth [Year]

In conclusion, Shiv Nadar is one of the richest people in India and his net worth is estimated to be around $10.8 billion. He has made a name for himself in the IT industry and has been a driving force behind the success of HCL Technologies.

He is also a major philanthropist and has donated millions of dollars to charities. He is a generous man who gives back to society and he has also been recognized for this by various media outlets around the world.

In 1987, Nadar founded HCL Corporation which has expanded into 4 core business groups namely HCL Info systems, HCL Technologies, HCL.

Vashishtha Kapoor

Myself Vashishtha Kapoor and I am a freelance technical writer & digital marketer for hire. I help clients grow their web visibility by writing in-detail content about digital marketing and WordPress. Connect with me on LinkedIn and discuss how to grow your business.