Shiv Nadar’s success story is a testament to hard work, vision, and dedication. By 2023, he had amassed an impressive fortune, placing him among the world’s billionaires.
So, how much is Shiv Nadar net worth in 2023? In this article, we’ll unravel the monetary aspect of his successful journey.
Contents
What is Net Worth Of Shiv Nadar 2023?
In 2023, the net worth of Shiv Nadar, the visionary founder and chairman emeritus of HCL Technologies, stands at a staggering $29.4 billion USD. His journey from a small garage start-up to becoming one of India’s wealthiest individuals is a testament to his entrepreneurial prowess and the success of HCL Technologies.
Shiv Nadar’s impact extends beyond wealth, as he is also a renowned philanthropist, dedicated to revolutionizing education in India. His commitment to both business and philanthropy solidifies his legacy as a financial titan and a benevolent force for positive change in society.
Quick Facts
| Fact | Information |
|---|---|
| Real Name | Shiv Nadar |
| Popular Name | Magus |
| Gender | Male |
| Birth Date | July 14, 1945 |
| Age | A seasoned 78 |
| Parents | Sivasubramaniya Nadar and Vamasundari Devi |
| Siblings | S. N. Balakrishnan (brother) |
| Birthplace | Moolaipozhi, Madras Presidency, British India |
| Nationality | Indian |
| Ethnicity | Tamil Hindu |
| Education | PSG College of Technology |
| Marital Status | Happily married |
| Sexual Orientation | Straight |
| Wife/Spouse | Kiran Nadar |
| Children | Roshni Nadar |
| Net Worth (2023) | A staggering $29.4 billion USD |
| Source of Wealth | Self-made billionaire in software services |
Career & Awards
Meet ‘Magus’ – Shiv Nadar, the wizard who co-founded HCL in a garage back in 1976. What started as a venture to make calculators and microprocessors has now transformed into HCL Technologies, a software services giant with a colossal revenue of $12.6 billion.
Nadar’s strategic vision and leadership haven’t gone unnoticed. He received the prestigious Padma Bhushan in 2008, a testament to his remarkable contributions to trade, education, and industry development.
In 2011, Forbes recognized him on their 48 Heroes of Philanthropy list for the Asia Pacific region. In 2015, he was named ‘The Outstanding Philanthropist of the Year’ by Forbes International.
In 2013, Shiv Nadar clinched the BNP Paribas Grand Prize for Individual Philanthropy for his and the Shiv Nadar Foundation’s work in education.
Personal Life
Born in Tamil Nadu to Sivasubramaniya Nadar and Vamasundari Devi, Shiv Nadar began his education in Tamil, only embracing English later in life.
He married to Kiran Nadar, a notable art collector with two private art museums in Delhi.
They have a daughter named Roshni Nadar. She is now chairs HCL that continuing the family’s legacy.
Nadar’s philanthropic spirit shines through the Shiv Nadar Foundation, where he’s donated a staggering $1.1 billion. His mission? To revolutionize India’s educational system.
News
As of 2023, Shiv Nadar is the third richest individual in India and the 50th globally, with an astounding net worth of $29.4 billion.
Stepping down from his roles as chairperson and managing director at HCL Technologies, he now serves as the chairman emeritus and strategic advisor. His focus has shifted to philanthropy, perpetuating his legacy of giving back to society.
- Shiv Nadar calls for greater focus on education and research in India
- Shiv Nadar Foundation launches new initiative to promote social entrepreneurship
- Shiv Nadar receives Lifetime Achievement Award from industry body
- He invests in new venture capital fund for startups
Social Media
While not the most active on social media, you can catch a glimpse of Nadar’s insights on Twitter and LinkedIn. The man of few words speaks volumes through his actions.
FAQs About Shiv Nadar
What’s Shiv Nadar’s popular name?
He’s known as Magus.
How did Shiv Nadar start his career?
He co-founded HCL Technologies in 1976.
What’s his major source of wealth?
Software services, and he’s entirely self-made.
Any notable awards?
He received the Padma Bhushan in 2008 for his contributions.
Who’s in his family?
His wife, Kiran Nadar, and daughter, Roshni Nadar, who now chairs HCL.
Where was he born?
Shiv Nadar was born in Moolaipozhi, Tamil Nadu, India.
What’s his current net worth?
In 2023, it’s an astounding $29.4 billion.
You can find him on Twitter and LinkedIn.
What’s his role at HCL Technologies now?
He’s the chairman emeritus and strategic advisor, focusing on philanthropy.
Read More:
- Roshni Nadar
- Kiran Nadar
- Shikhar Malhotra
- Cyrus S. Poonawalla
Conclusion
Shiv Nadar’s story is one of inspiration, resilience, and success, reflecting the immense potential in pursuing innovation.
His journey offers insights that are valuable not just for aspiring entrepreneurs but for anyone aiming to excel in their chosen field. If you found this interesting, you’d also love to read more inspiring stories on Hereofamily.
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