Shiv Nadar
Overview
- Source of Wealth
- Software services
- Industry
- Technology
- Residence
- Delhi
- Education
- PSG College of Technology (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 1
Assets
- HCL Infosystems Ltd.207,000,000 shares @ --500179-IN
- HCL Technologies Ltd.1,650,300,000 shares @ --532281-IN
Biography
Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors with five friends.
Today, his $14.5 billion (revenue) HCL Technologies is among India's largest software services providers.
In 2020, he stepped down as chairman of HCL Technologies, handing over the position to his daughter, Roshni Nadar Malhotra. He's now chairman emeritus and strategic advisor.
HCL Technologies, which employs over 226,000 people in 60 countries worldwide, hires high school grads and trains them on the job.
In March 2025, Nadar transferred a chunk of shares in his investments companies that hold shares in the listed flagship to his daughter Roshni as part of his succession planning.
About
One of India's leading philanthropists, Nadar has donated $1.1 billion to his Shiv Nadar Foundation, which backs education-related causes.
Nadar's education was primarily in the south Indian language of Tamil, and he didn't start speaking much English until age 22.
Nadar's wife Kiran, who is an avid art collector, has two private art museums in Delhi that showcase her vast collection.