Portrait of Shiv Nadar

Rank #99

Shiv Nadar

Net worth $25.7B

Software services · India

Born
Jul 18, 1945
Age
80
Source
Software services
Residence
Delhi
Citizenship
India
Marital status
Married
Children
1
Education
Bachelor of Arts/Science, PSG College of Technology

Net worth over time

Biography

  • Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors with five friends.
  • Today, his $14.5 billion (revenue) HCL Technologies is among India's largest software services providers.
  • In 2020, he stepped down as chairman of HCL Technologies, handing over the position to his daughter, Roshni Nadar Malhotra. He's now chairman emeritus and strategic advisor.
  • HCL Technologies, which employs over 226,000 people in 60 countries worldwide, hires high school grads and trains them on the job.
  • In March 2025, Nadar transferred a chunk of shares in his investments companies that hold shares in the listed flagship to his daughter Roshni as part of his succession planning.
  • One of India's leading philanthropists, Nadar has donated $1.1 billion to his Shiv Nadar Foundation, which backs education-related causes.
  • Nadar's education was primarily in the south Indian language of Tamil, and he didn't start speaking much English until age 22.
  • Nadar's wife Kiran, who is an avid art collector, has two private art museums in Delhi that showcase her vast collection.

Financial assets

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