Shiv Nadar, renowned as Delhi’s wealthiest individual, has amassed a remarkable net worth of Rs 2.79 lakh crore. Beyond his financial success, Nadar is celebrated for his extensive philanthropic efforts, including daily donations of Rs 5.6 crore to charity in 2022-2023. His remarkable journey from humble beginnings to becoming a leading figure in both business and philanthropy is a testament to his dedication and impact.
The Man Behind the Fortune: Shiv Nadar
Shiv Nadar’s rise to prominence is highlighted in Forbes’ list of the world’s billionaires, where he stands out with a staggering net worth of $35.6 billion (approximately Rs 2,97,990 crore). He is the founder and chairman emeritus of HCL Technologies, a major player in the global IT consulting industry. Starting in 1976 with a modest investment of Rs 1,87,000, Nadar and his team initially focused on manufacturing calculators and microprocessors. HCL Technologies has since expanded into a leading IT firm with a presence in 60 countries.
Early Life and Career Beginnings
Nadar was born in Thoothukudi district, Tamil Nadu, and received his education at St. Joseph Boys Higher Secondary School before earning a degree in Electrical and Electronics Engineering from PSG College of Technology in Coimbatore. His career began in 1967 with the Walchand Group’s Cooper Engineering Ltd. He later founded Microcomp, which was rebranded as Hindustan Computers Limited (HCL Technologies). His contributions to the IT sector were recognized with the Padma Bhushan in 2008.
Leadership Transition and Family Legacy
After leading HCL Technologies for over forty years, Nadar passed the leadership baton to his daughter, Roshi Nadar. Roshi is now one of India’s wealthiest women, upholding the family’s legacy of success and philanthropy.
Commitment to Philanthropy
Nadar’s philanthropic efforts are as notable as his business achievements. In the 2022-2023 financial year, he donated approximately Rs 2,042 crore (about Rs 5.6 crore per day) to various charitable causes. This generosity has earned him the title of ‘India’s most generous’ for three consecutive years according to the Hurun India Philanthropy List 2023. Additionally, he founded the SSN College of Engineering in Chennai and continues to support numerous educational institutions through HCL Technologies.
Shiv Nadar’s extraordinary contributions to both the business world and society highlight his enduring legacy as a visionary leader and philanthropist.
