LeaderPortfolio
Sardana
R
Rank #2044
UNITED STATESTechnologyTechnology services

Raj Sardana

Net Worth
$2.034B
0% (24h)
Raj Sardana, a US citizen and the founder and CEO of Innova Solutions, has a net worth of $2.0 billion as of 2024. He built his wealth through his technology services company. Born in Delhi, India, Sardana immigrated to the US with only $100, earning a Master's degree in Mechanical Engineering from Georgia Tech. His career includes work in the aerospace industry and founding multiple businesses, culminating in the establishment of Innova Solutions. Sardana's achievements include building a global IT powerhouse and being recognized as one of Atlanta's Most Admired CEOs.

The Full Dossier

Early Life

Raj Sardana was born in Delhi, India, in 1960, to Punjabi parents who migrated during the Partition of 1947. He grew up in modest conditions in government housing. Despite the lack of amenities, his parents prioritized education, instilling in him the value of hard work.

Rise to Success

In 1981, Sardana moved to the United States to pursue a master's degree in mechanical engineering at Georgia Tech. With limited funds, he worked in the university cafeteria. After graduating, he worked at Howmet Aerospace and later secured a position at Teledyne CAE, working on engines for Tomahawk missiles. However, in 1990, with the end of the Cold War, he lost his job. Sardana then decided to start his own business.

Key Business Strategies

In 1998, Sardana founded American CyberSystems (ACS), later rebranded as Innova Solutions, an IT services firm. He identified an opportunity during the Y2K crisis and recruited skilled engineers on H-1B visas. Innova Solutions expanded, offering digital transformation and engineering solutions, with over 50,000 employees worldwide and annual revenues approaching $3 billion. The company has over 1,100 clients in the mid-market and Fortune 1000 companies.

Philanthropy

Sardana and his wife, Nita, established The Innova Foundation in 2013 to support various non-profit organizations. The foundation focuses on women's education and empowerment, supporting initiatives like the YWCA's Teen Girls in Technology program and the Earth Saviours Foundation in India.

Career Timeline

2023

Recognized as "Atlanta's Most Admired CEOs"

Recognized as one of "Atlanta's Most Admired CEOs" by the Atlanta Business Chronicle.

2022

Rebranded ACS to Innova Solutions

American CyberSystems (ACS) rebranded to Innova Solutions.

2013

Founded Innova Foundation

Established Innova Foundation with his wife, Nita.

1998

Founded American CyberSystems (ACS)

Founded American CyberSystems (ACS), later rebranded as Innova Solutions.

1990

Lost Job

Lost job due to the end of the Cold War.

Philanthropic Impact

Education$XB

Teen Girls in Technology Program

Supports the YWCA's Teen Girls in Technology program, fostering future tech careers for young women.

Education$XB

Women in Technology (WIT)

Supports Women in Technology.

Community Support$XB

Atlanta Food Bank

Supports the Atlanta Food Bank.

Environmentalism$XB

Earth Saviours Foundation

Supports the Earth Saviours Foundation, an NGO in Delhi that promotes social consciousness and environmentalism.

Wealth Trajectory