Shiv Nadar is one of India’s most renowned tech entrepreneurs, widely known for his tremendous contributions to the IT industry. As of 2025, Shiv Nadar’s net worth is estimated at $28.7 billion (approximately Rs. 2.09 Lakh Crore), securing his position as the third richest person in India and the 56th richest person globally. His significant wealth comes from his founding of HCL Technologies, which has grown into one of the leading IT services companies in India and around the world.
Shiv Nadar’s Early Life and Education
Shiv Nadar was born on July 14, 1945, in Mullaipozhi village, Tamil Nadu, India, into an upper-middle-class family. His father, Sivasubramaniam Nadar, was a businessman, and his mother, Vamasundari Devi, was the sister of the founder of the prominent Tamil newspaper, Dina Thanthi, SP Aditanar. Nadar was educated at various schools, including Town Higher Secondary School in Kumbakonam and Elango Corporation Higher Secondary School in Madurai.
He later attended PSG College of Technology in Coimbatore, where he pursued a degree in Electrical Engineering. Additionally, he studied at the American College in Madurai for his Pre-University education. Nadar’s academic foundation in engineering set the stage for his future ventures in technology.
The Rise of HCL Technologies
Shiv Nadar’s entrepreneurial journey began in 1976 when he co-founded HCL (Hindustan Computers Limited) in a small garage with an investment of $20,000. Initially, HCL focused on manufacturing calculators and microprocessors. As the demand for computing hardware grew, Nadar quickly recognized the need for the next big step in IT and shifted the focus of the company toward IT solutions and software development.
Over the next three decades, Nadar expanded HCL’s reach and capabilities, moving from being an IT hardware company to one of India’s largest software service providers. HCL Technologies, which today boasts revenues of $10.2 billion, operates in over 50 countries and employs more than 169,000 people.
Shiv Nadar’s Personal Life
Shiv Nadar married Kiran Nadar, an art collector and philanthropist. The couple has one daughter, Roshni Nadar, who currently serves as the Chairperson of HCL Technologies. The Nadar family controls 60% of HCL Technologies and has significant stakes in HCL Infosystems, a computer manufacturing and services company. Additionally, the Nadar family is known for its extensive art collection, with paintings valued at over $85 million.
HCL Technologies Under Shiv Nadar’s Leadership
Under Shiv Nadar’s leadership, HCL Technologies achieved massive success. In July 2020, he stepped down as the Chairman of HCL Technologies, handing over the reins to his daughter, Roshni Nadar. However, he remains the Chairman Emeritus of the company and continues to influence its strategy. The company has been a pioneer in IT services and has seen massive growth in its global footprint.
HCL Technologies provides a wide range of services, including software solutions, IT infrastructure, and digital transformation services. The company is known for its innovative approaches, including hiring high school graduates and training them on the job, a model that has provided numerous employment opportunities across India.
Shiv Nadar’s Philanthropy
Shiv Nadar is also recognized for his philanthropic efforts. In 1994, he established the Shiv Nadar Foundation, focusing on educational initiatives across India. Through the foundation, he has donated significant amounts, including $662 million to support causes related to education and skill development.
One of his major educational initiatives is the VidyaGyan program, which provides free education to top students from rural areas. The foundation has also supported the establishment of SSN College of Engineering in Chennai, Tamil Nadu, which focuses on providing quality engineering education. Nadar has made numerous contributions to India’s educational infrastructure, ensuring that the next generation of leaders is well-equipped to handle the challenges of a rapidly evolving world.
Shiv Nadar’s Net Worth and Business Model
As of 2025, Shiv Nadar’s net worth is estimated at $28.7 billion, with a significant portion of his wealth derived from his holdings in HCL Technologies. In addition to his stake in HCL, Nadar’s other assets are valued at over $4.7 billion, including investments in art and various philanthropic ventures.
Breakdown of Shiv Nadar’s Wealth:
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HCL Technologies: 60% stake, worth $21.3 billion
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HCL Infosystems: 50% stake, worth $2.7 billion
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Other assets: $4.7 billion
Shiv Nadar’s Net Worth Growth
Shiv Nadar’s wealth has grown significantly over the years, as HCL Technologies has evolved into a global IT giant. Below is a table showing the growth of his net worth from 2011 to 2023:
| Year | Net Worth (USD) |
|---|---|
| 2011 | $5.6 billion |
| 2012 | $5.0 billion |
| 2013 | $6.5 billion |
| 2014 | $11.1 billion |
| 2015 | $14.8 billion |
| 2016 | $11.1 billion |
| 2017 | $12.3 billion |
| 2018 | $14.6 billion |
| 2019 | $14.6 billion |
| 2020 | $11.9 billion |
| 2023 | $28.7 billion |
Career Achievements and Recognition
Shiv Nadar’s career has been marked by several major achievements and milestones. In 2008, he received the Padma Bhushan award for his contributions to the IT industry. Under his leadership, HCL Technologies has expanded globally, with operations in over 50 countries. Nadar’s work in expanding the company into the IT services domain has earned him recognition as one of India’s most influential business leaders.
Shiv Nadar’s Legacy and Impact
Shiv Nadar’s impact on the IT industry in India cannot be overstated. He has not only built one of India’s largest software companies but also played a crucial role in shaping the country’s technological landscape. Through his foundation, he has contributed to the development of India’s educational infrastructure, empowering thousands of students with access to quality education.
Nadar’s legacy is one of innovation, leadership, and social responsibility, and his influence will continue to be felt in the years to come.
Frequently Asked Questions (FAQs)
1. What is Shiv Nadar’s net worth as of 2025?
Shiv Nadar’s net worth in 2025 is estimated to be $28.7 billion (Rs. 2.09 Lakh Crore).
2. How did Shiv Nadar make his fortune?
Shiv Nadar made his fortune by founding HCL Technologies in 1976, which has since become one of the largest IT services companies in India and globally.
3. Who is the current chairperson of HCL Technologies?
Shiv Nadar’s daughter, Roshni Nadar Malhotra, is the current chairperson of HCL Technologies.
4. What is the Shiv Nadar Foundation?
The Shiv Nadar Foundation is a philanthropic organization founded by Shiv Nadar, focusing on education and skill development across India.
5. What major award did Shiv Nadar receive?
Shiv Nadar was awarded the Padma Bhushan in 2008 for his contributions to the IT industry.
6. What are some of Shiv Nadar’s other investments?
Apart from HCL Technologies, Nadar has investments in art and various philanthropic ventures. His family’s art collection is valued at over $85 million.
