BillionaireNet
Nadar
Shiv Nadar
Rank #58
INDIATechnologySoftware services

Shiv Nadar

Net Worth
$36.019B
+0.36% (24h)
Shiv Nadar is an Indian billionaire businessman and philanthropist, best known as the founder and chairman of HCL Technologies, a leading global technology company specializing in software services. Born on July 14, 1945, Nadar transformed HCL from an IT hardware company into a global IT enterprise over three decades. His career includes establishing HCL in 1976 and expanding its reach across 60 countries, employing over 220,000 people. Nadar's net worth is estimated at $35.7 billion. His wealth stems from software services within the technology industry. He is also the chairman of the Shiv Nadar Foundation, focusing on educational initiatives and philanthropy.

The Full Dossier

Early Life

Shiv Nadar was born on July 14, 1945, in Moolaipozhi village, Madras Presidency (present-day Thoothukudi district, Tamil Nadu), into a Tamil Hindu family. His parents were Sivasubramaniya Nadar and Vamasundari Devi. He received his early education at Town Higher Secondary School, Kumbakonam, and later attended Elango Corporation Higher Secondary School, Madurai. Nadar received a pre-university degree from American College, Madurai, and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore, in 1967.

Rise to Success

Nadar began his career at Cooper Engineering Ltd. in Pune. In 1976, he founded HCL (Hindustan Computers Limited) with an initial investment of Rs. 187,000. Under his leadership, HCL transformed from an IT hardware company into a global IT enterprise. In 1991, HCL entered the software services business, with HCL Technologies being spun off. Nadar ventured into the international market by establishing Far East Computers in Singapore in 1980.

Key Business Strategies

Nadar's key strategy involved constantly reinventing HCL's focus to adapt to changing market dynamics. He expanded the company's offerings and global presence, establishing offices in 60 countries and employing over 220,000 people. HCLTech has a strong presence in India and contributes to nation-building through advanced technology solutions. HCLTech has been recognized as the fastest-growing IT services brand with a significant year-over-year growth.

Philanthropy

Since the mid-1990s, Nadar has focused on developing the educational system in India through the Shiv Nadar Foundation. He founded SSN College of Engineering in Chennai in 1996. The Foundation has invested over $1.7 billion in educational and art institutions and initiatives.

Career Timeline

2008

Padma Bhushan

Awarded the Padma Bhushan for his contributions to the IT industry.

1996

SSN College of Engineering

Established SSN College of Engineering in Chennai.

1994

Shiv Nadar Foundation

Founded the Shiv Nadar Foundation to promote education and philanthropy.

1991

HCL Technologies Spinoff

HCL entered the software services business, and HCL Technologies was spun off as a separate unit.

1980

International Expansion

Expanded HCL's operations into Singapore, marking the company's first foray into the international market.

1976

Founded HCL

Established Hindustan Computers Limited (HCL) to manufacture microcomputers and calculators.

Philanthropic Impact

Education & Art$1.7B

Shiv Nadar Foundation

Invested over $1.7 billion in its seven landmark institutions and initiatives across education and art.

EducationUndisclosed

SSN Institutions

Established educational institutions including the SSN College of Engineering.

EducationUndisclosed

VidyaGyan Schools

Established schools for rural students to provide high-quality education.

Wealth Trajectory