Portrait of N.R. Narayana Murthy

Rank #1152

N.R. Narayana Murthy

Net worth $3.7B

Software services · India

Born
Aug 20, 1946
Age
79
Source
Software services
Residence
Bangalore
Citizenship
India
Marital status
Married
Children
2
Education
Master of Science, Indian Institute of Technology

Net worth over time

Biography

  • N.R. Narayana Murthy is the legendary cofounder and retired chairman of Indian tech giant Infosys, in which he continues to hold a minority stake.
  • Murthy stepped down as chairman in 2011 after 30 years with the company but returned in 2013 to hand over management to a professional CEO in 2014.
  • In 2017, Murthy was in the news for raising concerns over alleged corporate governance lapses at Infosys, which the company denied.
  • The controversy led to the CEO's resignation and a board shakeup, which saw the return of retired cofounder Nandan Nilekani as nonexecutive chairman.
  • Murthy triggered a nationwide debate in 2023 when he suggested in a podcast that for India's productivity to improve, young Indians should work 70 hours a week.
  • Murthy's son-in-law Rishi Sunak, a member of the Conservative party in the U.K and a former Chancellor, was Prime Minister until 2024.
  • His Harvard-educated son Rohan donated $5.2 million to Harvard University Press to set up the Murty Classical Library, a collection of ancient Indian texts.
  • His son Rohan has cofounded his own enterprise software firm called Soroco.
  • In March 2024, Murthy gifted Infosys shares worth nearly $30 million to his four-month-old grandson.

Financial assets

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