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  • 09-Aug-2023
  • by Er. Deepak Maurya

Shiv Nadar | Net worth, Age, Wife, Children, Biography & More.

When we talk about technology and helping others, one name that stands out is Shiv Nadar. He is someone who is greatly admired and respected for his work in these fields. As the founder of HCL Technologies, one of India's largest IT services companies, and the Shiv Nadar Foundation, a prominent philanthropic organization, Shiv Nadar has made an indelible mark on both the business and social sectors. This biography delves into the life and accomplishments of this visionary pioneer, from his humble beginnings to his transformative impact on India's technology landscape and beyond. 

Quick Info: 

Characteristic Info
Name Shiv Nadar
Date of birth 14 July 1945
Age 78 (as of 2023)
Place of birth Moolaipozhi village, Thoothukudi district, Tamil Nadu, India
Sun sign Cancer
Occupation Businessman, philanthropist
Net worth $26 billion ( 2600 Crore USD )
Education B.Tech. in Electrical Engineering from PSG College of Technology, Coimbatore
Career Founded HCL in 1976; served as chairman and CEO until 2019; chairman emeritus since 2019
Philanthropy Founded the Shiv Nadar Foundation in 1994; the foundation has donated billions of dollars to education and healthcare initiatives
Awards and honors Padma Bhushan (2008), Padma Vibhushan (2014), Infosys Prize (2015)
Wife Kiran Nadar
Children Roshni Nadar Malhotra, Shruti Nadar

 

Net Worth: 

  • As of July 8, 2023, Shiv Nadar's net worth is estimated to be $26 billion ( 2600 Crore USD ).
  • This makes him the third-richest person in India and the 61st richest person in the world.
  • Nadar's net worth is largely derived from his stake in HCL Technologies, the IT services company he founded in 1976. 

Early Life and Education:

Shiv Nadar was born on July 14, 1945, in Tiruchendur, Tamil Nadu, India, into a middle-class family. His father was a public servant, and his mother was a homemaker. Growing up with limited means did not deter young Shiv from pursuing his dreams. He displayed an early interest in technology and electronics, often tinkering with gadgets and radios.

Shiv's academic journey began at Town Higher Secondary School, where his exceptional aptitude for mathematics and science was evident. He pursued a degree in Electrical and Electronics Engineering from PSG College of Technology in Coimbatore. His relentless curiosity and thirst for knowledge set the stage for his future endeavors.

The Birth of HCL: 

In 1976, armed with just a vision and determination, Shiv Nadar co-founded Hindustan Computers Limited (HCL) in a small garage in Delhi, India, along with five of his friends. The company initially focused on manufacturing calculators and microprocessors. Under Shiv's astute leadership, HCL gradually expanded its operations and diversified into IT services and software development.

HCL soon emerged as a trailblazer in India's technology sector, securing critical projects and collaborations with global clients. The company's commitment to innovation and customer-centric solutions solidified its reputation as a reliable partner in the IT industry.

HCL's Global Ascendancy:

Shiv Nadar's strategic acumen and foresight steered HCL towards exponential growth. He led the company to embrace globalization, establishing its presence in the international market. HCL's rapid expansion and successful acquisitions cemented its position as a global IT services powerhouse.

Under Shiv's visionary leadership, HCL became the first Indian company to enter the prestigious Forbes Global 2000 list, a testament to its soaring success and influence on the global stage.

The Philanthropic Journey:

In 1994, Shiv Nadar established the Shiv Nadar Foundation, driven by the belief that education is a catalyst for societal transformation. The foundation's primary focus was to provide quality education and support aspiring students from underprivileged backgrounds.

The VidyaGyan schools, a part of the foundation, offer world-class education to meritorious students from rural areas, nurturing their talents and empowering them to achieve greatness. Additionally, the Shiv Nadar University was established in 2011, providing a multidisciplinary and research-oriented learning environment.

Through the foundation, Shiv Nadar championed various initiatives in the fields of healthcare, art, and culture, making a significant impact on India's social fabric.

Accolades and Recognition: 

Shiv Nadar's contributions to the IT industry and philanthropy have been widely recognized and honored. He received numerous accolades and awards, including the Padma Bhushan, one of India's highest civilian awards, for his exceptional contributions to society.

His remarkable achievements have also earned him a place on several esteemed lists, such as Forbes' list of "World's Greatest Leaders" and "India's Richest."

Legacy and Impact:

Shiv Nadar's legacy extends far beyond his successful business ventures and philanthropic endeavors. As a visionary entrepreneur and philanthropist, he has inspired generations of aspiring leaders and change-makers in India and beyond. His dedication to education and social upliftment continues to shape lives and transform communities.

Conclusion:

Shiv Nadar's journey from a small-town boy with a passion for electronics to a global technology icon and philanthropic trailblazer is a testament to the power of perseverance, vision, and the desire to make a difference. His indomitable spirit and commitment to creating a positive impact on society have left an indelible mark on India's technology landscape and countless lives. As we celebrate Shiv Nadar's life and achievements, his story serves as an enduring source of inspiration for generations to come.

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