Meet Delhi's Richest Man, Founder Of Top IT Firm, Who Surpasses Mukesh Ambani, Ratan Tata, And Gautam Adani In Donations; His Net Worth Is...
Shiv Nadar Success Story: HCL Technologies, founded by Delhi’s Richest businessman Shiv Nadar, has risen as the top-ranked Indian company on the global stage. In the 2023 fiscal year, the company generated over $12 billion in revenue, underscoring its consistent growth and success. Nadar stepped down as Chairman in 2020, handing over leadership to his daughter, Roshni Nadar Malhotra, who made history as India’s first female chairperson of a publicly listed IT company. (Image Credit: File Photo)
Shiv Nadar Early Life And Education:
He was Born in 1945 in a small town in Tamil Nadu, Shiv Nadar received his early education in Madurai and earned a degree in Electrical and Electronics Engineering from PSG College of Technology in Coimbatore.
Shiv Nadar's Career:
Shiv Nadar began his professional journey at Delhi Cloth Mills’ calculator division, but his ambition drove him to establish Hindustan Computers Limited (HCL) in 1976, a time when India lacked indigenous computer technology.
Shiv Nadar Founded HCL In 1976:
In 1976, along with a group of friends, Nadar founded HCL (Hindustan Computers Limited) with an initial investment of just Rs. 187,000 (approximately $3,000). The goal was clear: to build personal computers and IT products for an emerging market that, at the time, barely existed in India. Nadar's vision and commitment to innovation led HCL to become a pioneer in the tech industry, making a significant impact in Silicon Valley with its microprocessor-based computer in the late 1970s.
Shiv Nadar: Leading India's Philanthropy in 2023
He recognized as India's leading philanthropist, Nadar donated Rs 2,042 crore (about Rs 5.6 crore daily in FY23), focusing on education, art, and culture, and topping the EdelGive Hurun India Philanthropy List for the third time in five years, surpassing notable figures like Mukesh Ambani (Rs 376 crore), Azim Premji (Donated Rs 1,774) and Ratan Tata.
Shiv Nadar Net Worth:
As of now, Shiv Nadar's assets are valued at $35.6 billion (around Rs 2,98,898 crore), making him the richest individual in Delhi and one of India's most notable philanthropists.
Shiv Nadar Legacy and Impact:
Today, HCL Technologies is India's third-largest IT firm after TCS and Infosys, with a market capitalization of Rs 4,25,923.31 crore. From a small-town upbringing to reshaping the global tech landscape, Shiv Nadar’s journey continues to inspire generations, reaffirming his legacy as a pioneer and visionary in the world of technology. Under Nadar’s leadership, HCL expanded globally, with operations in over 45 countries.
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