Bharat Desai
$1.6B
Born
Nov 20, 1952
Age
73
Source of Wealth
IT consulting
Residence
Fisher Island, Florida
Citizenship
United States
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, Indian Institute of Technology, Bombay; Master of Business Administration, University of Michigan, Stephen M. Ross School of Business
- Bharat Desai founded IT consulting and outsourcing company Syntel with his wife Neerja Sethi from their apartment in Troy, Michigan in 1980.
- In 2018 French IT firm Atos SE acquired Syntel for $3.4 billion in cash.
- Atos sued Desai, accusing him of hiding liabilities ahead of the merger; the case was dismissed in 2023.
- In its first year, Syntel generated just $30,000 in sales; before it was acquired, annual revenue grew to more than $900 million.
- Desai, who was Syntel's chairman, was born in Kenya, raised in India and came to the U.S. in 1976 as a programmer for Tata.
- Desai and Sethi started the company with just $2,000.
- The couple met in the U.S. while working for pioneering IT firm, Tata Consultancy Services, the company they went on to emulate.
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