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Desai
Bharat Desai
Rank #2557
UNITED STATESTechnologyIT consulting

Bharat Desai

Net Worth
$1.557B
0% (24h)
Bharat Desai is an accomplished American billionaire businessman known for his significant contributions to the IT industry. Born in Kenya and raised in India, Desai co-founded Syntel in 1980 with his wife, Neerja Sethi, transforming it from a startup to a global IT leader. His source of wealth is primarily derived from IT consulting. Desai's career showcases his ability to build and lead, culminating in the successful sale of Syntel for $3.4 billion. With a current net worth of $1.6 billion, Desai's story is an inspiration to aspiring entrepreneurs.

The Full Dossier

Early Life

Bharat Desai was born in Kenya in November 1952. His family is of Gujarati Indian origin. He spent his childhood in Mombasa and Ahmedabad. Desai received a Bachelor's degree in electrical engineering from the Indian Institute of Technology Bombay and an MBA in finance from the University of Michigan's Stephen M. Ross School of Business.

Rise to Success

In 1976, Desai moved to the US as a programmer with Tata Consultancy Services (TCS). He met Neerja Sethi at TCS, and they co-founded Syntel in 1980 in Troy, Michigan, with an initial investment of $2,000. Syntel, an IT consulting and outsourcing firm, grew into a major player in the IT industry. By 2017, Syntel employed 23,000 people across the United States, India, and Japan, generating $924 million in annual revenue. The company's success led to its acquisition by Atos SE in July 2018 for $3.4 billion. Desai served as the chairman of Syntel.

Key Business Strategies

Desai's strategic vision was key to Syntel's success. Syntel focused on providing IT services, with a strong presence in North America, and developed long-term client relationships. The company expanded globally, leveraging offshore delivery centers in India to enhance cost efficiency and service scalability. Syntel prioritized industry-specific expertise, especially in financial services.

Philanthropy

Desai and his wife, Neerja Sethi, have committed to donating a significant portion of their wealth to philanthropic causes. Their Giving Pledge commitment to donate the majority of their wealth was announced in 2025. They support education, entrepreneurship, and economic mobility through the Desai Sethi Foundation (DSF) and the Ds Foundation.

Career Timeline

2025

Giving Pledge

Joined the Giving Pledge, committing to donate the majority of his wealth.

2018

Syntel Acquired

Syntel was acquired by Atos SE.

2010

Honorary Doctorate

Received an Honorary Doctorate of Humane Letters from the University of Michigan.

2005

Padma Shri Award

Awarded the Padma Shri by the Government of India.

1999

Entrepreneur of the Year

Received Entrepreneur of the Year award.

1980

Co-founded Syntel

Co-founded Syntel with Neerja Sethi.

1976

Programmer

Began his career as a programmer at Tata Consultancy Services (TCS).

Philanthropic Impact

Education, Entrepreneurship, Economic Mobilitymillions annually

Desai Sethi Foundation (DSF)

Supports underserved youth in Michigan and Florida, aiming to create more equitable access to opportunity.

Education, Entrepreneurship, Economic Mobilitymillions annually

Ds Foundation

Supports a vast network of nonprofit organizations.

Wealth Trajectory