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Home » Raj Sardana’s Journey to a $2 Billion Fortune
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Raj Sardana’s Journey to a $2 Billion Fortune

Raj Sardana, an H-1B visa holder, moved to the US with just $100, overcame job losses, and built Innova Solutions into a $2 billion IT powerhouse with over 50,000 employees worldwide
News DeskBy News Desk23 March 2025No Comments2 Mins Read
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Raj Sardana was born in 1960 to Punjabi parents who migrated to India during the Partition of 1947. He grew up in government housing in New Delhi, where his family lacked basic modern amenities like heating, air conditioning, or even a refrigerator. Despite financial struggles, his parents prioritized education, shaping his strong work ethic.

Moving to the US with Just $100

In 1981, Sardana moved to the US to pursue a master’s degree in mechanical engineering at Georgia Tech. With only $100 in his pocket, he took up a job at the college cafeteria to support himself. His determination and perseverance helped him complete his studies and secure an H-1 visa (the earlier version of today’s H-1B visa).

Career and Setback

After graduation, Sardana worked at Howmet Aerospace and later joined Teledyne CAE, a company that manufactured Tomahawk missile engines. However, in 1990, as the Cold War ended, missile production stopped, and he lost his job. At that time, he had just bought a house, had a six-month-old daughter, and was financially responsible for his parents.

The Leap into Entrepreneurship

Rather than searching for another job, Sardana took a bold step into entrepreneurship. With $25,000 in savings, he launched his own business. His risk paid off as his venture gradually expanded into a major IT services company.

Building Innova Solutions

Over the years, Sardana’s company, Innova Solutions, grew into a global IT firm with over 50,000 employees. His journey from an immigrant with just $100 to a billionaire entrepreneur highlights the power of resilience and strategic decision-making. Today, he is one of the few Indian entrepreneurs featured in Forbes’ list of billionaire immigrants in the US.

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