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Shiv Nadar Net Worth 2023: Bio & Career

Shiv Nadar Net Worth

Shiv Nadar stands tall as a trailblazing visionary in the realm of remarkable individuals who have made indelible marks on the global stage. From humble beginnings to building an empire, his awe-inspiring journey exemplifies the true essence of determination and entrepreneurial spirit. As the co-founder of HCL Technologies, Nadar has not only revolutionized the Indian information technology industry but has also become a symbol of success and innovation worldwide.

Personal Life Of Shiv Nadar

  • Nickname- Magus (Old Persian for “wizard”)
  • Gender- Male
  • Age- 78 (as of 2023) 
  • Date of Birth- 14 July 1945 
  • Birthplace- Moolaipozhi, Tamil Nadu, India
  • Profession- Businessperson, industrialist, and philanthropist
  • Education Qualification- Degree in Electrical and Electronics Engineering
  • Religion- Hinduism
  • Nationality- Indian
  • Zodiac Sign- Cancer

Physical Statistics

  • Height- 5 “7” (1.73 m)
  • Weight- 81 kg (178 lbs)
  • Hair Color- Half bald Grey
  • Eye Color- Black

Shiv Nadar Net Worth

Shiv Nadar, a prominent Indian billionaire businessman, has left an indelible mark on the global business landscape as the founder and former chairman of HCL Technologies, one of India’s largest IT companies. With an estimated net worth of $25.6 billion as of June 2023, Nadar has secured his position as the 3rd richest person in India and the 56th richest person globally.

Shiv Nadar Net Worth Growth

The esteemed founder and chairman emeritus of HCL Technologies commands a place among India’s most affluent individuals, standing as the country’s third-richest person with a staggering net worth of $28.7 billion as of June 2023. Impressively, his net worth has experienced a commendable growth rate of 7.8% in the past year, primarily attributed to the exceptional performance of HCL Technologies.

YearNet worth
Net worth in 2015$14.8 billion
Net worth in 2017$13.0 Billion
Net worth in 2018$14.6 Billion
Net worth in 2019$14.3 Billion
Net worth in 2021$23.5 Billion
Net worth in 2023$28.7 billion

Shiv Nadar Earning And Source

Shiv Nadar, a prominent Indian billionaire, has made significant contributions as an industrialist and philanthropist. Renowned as the founder and chairman emeritus of HCL Technologies and the Shiv Nadar Foundation, Nadar’s remarkable net worth stands at an estimated $28.7 billion as of June 2023, securing him the distinguished position of the third wealthiest individual in India.

The primary source of Nadar’s substantial income stems from his majority stake in HCL Technologies. With an impressive 60% share of the company, valued at over $18 billion, Nadar has reaped considerable financial gains. While he also receives a salary from HCL Technologies, it represents a smaller portion of his overall income.

Here are some of the ways that Shiv Nadar earns money:

  • Salary from HCL Technologies
  • Dividends from his stake in HCL Technologies
  • Other investments

Latest News About Shiv Nadar

Shiv Nadar Biography

In the mid-1970s, Nadar established HCL and embarked on a transformative journey, propelling the company from its roots as an IT hardware company to a thriving IT enterprise. This remarkable evolution unfolded over three decades, representing Nadar’s visionary leadership.

Nadar was born in a small village in Tamil Nadu, India, in 1945. In 1976, he founded HCL with a few friends. The company started as a small hardware manufacturer, but Nadar quickly saw the potential of the IT industry and shifted HCL’s focus to software development.

HCL experienced rapid growth under Nadar’s leadership and became one of the leading IT companies in India. In 2004, HCL went public, and Nadar became a billionaire. He has since retired from HCL but remains chairman of the Shiv Nadar Foundation, which he founded in 1994. The foundation is one of the largest philanthropic organizations in India and focuses on education and healthcare.

His journey exemplifies the tenacity and determination required to thrive in the competitive business world. Additionally, Nadar’s philanthropic endeavors have had a profound and far-reaching impact, touching the lives of millions of individuals across India. 

Here are some of Shiv Nadar’s most notable achievements:

  • Founded HCL Technologies, one of the leading IT companies in India
  • Received the Padma Bhushan, India’s third-highest civilian award
  • Founded the Shiv Nadar Foundation, one of the largest philanthropic organizations in India
  • He has a net worth of over $25 billion

Shiv Nadar Career

  • Shiv Nadar is a global leader in education, healthcare, and technology.
  • In 1994, he founded the Shiv Nadar Foundation intending to transform India through education.
  • The foundation has established several educational institutions, including Shiv Nadar University, Shiv Nadar School, and the International Institute of Information Technology, Bangalore.
  • Shiv Nadar is also the founder and chairman of HCL Technologies, one of India’s largest IT companies.
  • Under his leadership, HCL has grown into a global IT powerhouse with over 160,000 employees in over 50 countries.
  • Shiv Nadar believes strongly in the power of education and its role in social and economic progress.
  • He has committed to investing $10 billion in education over the next 20 years.
  • The Shiv Nadar Foundation aims to create a world-class education system in India.
  • It works towards making education accessible to all, regardless of background.
  • The foundation also focuses on improving the quality of education in India through scholarships, training, and research.

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