LeaderPortfolio
Nadar
Shiv Nadar
Rank #70
INDIATechnologySoftware services

Shiv Nadar

Net Worth
$30.891B
0% (24h)
Shiv Nadar (born July 14, 1945) is an Indian billionaire businessman and philanthropist, celebrated for his pivotal role in India's IT revolution. He is the founder and chairman of HCL Technologies, which he established in 1976, transforming it from an IT hardware company into a global IT enterprise. His source of wealth stems from software services. Nadar has consistently been ranked among the wealthiest individuals in India and the world, with a current net worth of $36.1 billion as of 2024. Beyond his business acumen, Nadar is renowned for his commitment to philanthropy, particularly in education, through the Shiv Nadar Foundation. He was awarded the Padma Bhushan in 2008 for his contributions to the IT industry.

The Full Dossier

Early Life

Shiv Nadar was born on July 14, 1945, in Moolaipozhi, Tamil Nadu, India. He studied at Town Higher Secondary School, Kumbakonam, and later at Elango Corporation Higher Secondary School, Madurai, and St. Joseph Boys Higher Secondary School, Trichy. He received a pre-university degree from American College, Madurai, and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.

Rise to Success

Nadar's career began at Cooper Engineering Ltd. in Pune. In 1976, he founded HCL with a few partners. Under his leadership, HCL evolved from an IT hardware company to a global IT enterprise. In 2020, he handed over the chairmanship of HCL Technologies to his daughter, Roshni Nadar Malhotra. As of 2024, HCLTech employs over 220,000 people across 60 countries.

Key Business Strategies

Nadar's success is attributed to his vision and ability to adapt to the changing IT landscape. His focus on innovation, partnerships, and a commitment to engineering and research has kept HCL at the forefront of technological advancements for over 45 years. His strategic decisions propelled HCL to global recognition.

Philanthropy

Nadar is known for his significant philanthropic contributions, particularly in education. He founded the Shiv Nadar Foundation in 1994, which has invested over $1.7 billion in educational institutions and initiatives. He has consistently been recognized for his generosity, topping the EdelGive-Hurun India Philanthropy List in 2024 with donations of $274 million.

Career Timeline

2020

Stepped down as HCL Chairman

Stepped down as chairman of HCL Technologies, handing over the position to his daughter, Roshni Nadar Malhotra.

2008

Padma Bhushan Award

Awarded the Padma Bhushan for contributions to the IT industry.

1976

Founded HCL

Founded HCL, transforming it from an IT hardware company into a global IT enterprise.

Philanthropic Impact

Education$1.1B

Shiv Nadar Foundation

Founded in 1994, the foundation focuses on education and has invested over $1.7 billion in its institutions.

Wealth Trajectory