Shiv Nadar, a renowned Indian industrialist and philanthropist, is an inspiration to millions around the world. Born in 1945 in a small village in Tamil Nadu, Nadar had humble beginnings. However, he was determined to make a difference in the world, and his hard work and perseverance paid off.
Nadar began his career in the IT industry in the mid-1970s when he founded HCL Technologies. Over the next three decades, he transformed the company from an IT hardware company to a global IT enterprise. His innovative ideas and strategic vision helped the company grow exponentially, and today, HCL Technologies is one of the largest IT companies in the world.
Net worth
As of 2023, Forbes estimates Shiv Nadar’s net worth to be around $24.2 billion.
Shiv Nadar’s success in the IT industry earned him several accolades, including the Padma Bhushan in 2008. However, Nadar’s true passion lay in improving the educational system of India.
In the mid-1990s, he founded the Shiv Nadar Foundation, which focuses on providing quality education to children from underprivileged backgrounds.
Philanthropy
Nadar’s commitment to education is evident in his many initiatives, such as the SSN College of Engineering in Chennai, named after his father. He also established the Vidyagyan schools in Uttar Pradesh, which provide free scholarships to rural students. Nadar believes that education is the key to unlocking a better future for India, and he is committed to making it accessible to all.
Despite his many accomplishments, Nadar remains humble and grounded. He is known for his generosity and kindness, and he is a role model for young entrepreneurs and philanthropists around the world.
Continuity
In 2021, Nadar stepped down as managing director of HCL Technologies and handed over the reins to his daughter Roshni Nadar, who became the first woman chair of a listed Indian IT company.
Today, Nadar is the 3rd richest person in India and the 56th richest person in the world with an estimated net worth of US$25.6 billion. However, he is much more than just a successful businessman.
Nadar’s commitment to education and philanthropy has made a significant impact on the lives of millions of people in India. His story is a testament to the power of hard work, determination, and a commitment to making a difference in the world.