Shiv Nadar was born 14 July 1945 in Thoothukudi and he is an Indian billionaire industrialist.
Birthday -July 14, 1945
Celebrities– IT & Software Entrepreneurs Indian Men
Country of birth-India
Born-Tiruchendur, Tamil Nadu
Famous -as Founder of HCL
Father-Siva Subramaniya and mother-Vamasundari Devi.
Shiv Nadar Biography
Nadar was born in 1945 in Moolaipozhi Village , about 10 kilometers (6.2 miles) from Tiruchendur in the district of Thoothukudi , Tamil Nadu , India. His parents are Sivasubramaniya Nadar and Vamasundari Devi.
His mother, Vamasundari Devi, is the sister of SP Adithanar , the founder of the newspaper Dina Thanthi .
He was studying at Town Higher Secondary School, in Kumbakonam. He was also studying at Elango Corporation Senior High School, in Madurai .
He was admitted to the first form (Sixth Standard) in June 1955 and he was continuing his education at Town High School until June 1957. Later, he was joining St. Joseph Boys Higher Secondary School, Trichy , and he was completing secondary education here.
He was receiving an undergraduate degree from American College, Madurai and a degree in Electrical and Electronic Engineering from PSG College of Technology ,Coimbatore.
Shiv Nadar Physical Appearance
Height (approx): 5′ 7″
Hair Color: Black
Eye color: Medium bald
Shiv Nadar University
On the occasion of the 150th convocation of the University of Madras in 2007, Shiv Nadar was honored with an honorary doctorate along with nine other eminent persons by the university.
Shiv Nadar Net Worth
According to Forbes magazine, Shiv Nadar has a net worth of $28.9 billion, making him the 3rd richest man in India and 71st in the world.
Shiv Nadar Career
He was starting his career at Walchand Group College of Engineering , Pune (COEP) in 1967. He soon was leaving to start his own company, in partnership with a number of friends and colleagues. These partners were Ajai Chowdhry (former Chairman of HCL), Arjun Malhotra (CEO and Chairman of Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap and DS Puri.
The initial company that him and his partners started was Microcomp, a company that focused on the sale of teledigital calculators in the Indian market.
HCL was founded in 1976, with an investment of RS. 187,000.
In 1980, HCL was enterng the international market by opening Far East Computers in Singapore to sell IT hardware. The company was reporting revenue of Rs 1 crore in the first year and continued to target Singapore operations. He was remaining the largest shareholder without retaining any management control.
In 1996, he was founding SSN College of Engineering in Chennai, Tamil Nadu on behalf of his father, Sivasubramaniya Nadar. He was taking an active role in the activities of the university, including the gift of RS. 1 million in HCL shares for the university.
In 2006, he was announcing that the faculty will promote research as well as ensure that students benefit from links between foreign universities. He was joining the executive board of the Indian School of Business in 2005.
In March 2008, Nadar’s SSN Trust announced the creation of two Vidyagyan schools in UP for rural students, where free scholarships will be provided for 200 students from 50 districts in Uttar Pradesh.
He visited Town Higher Secondary School in February 2011 and donated computers and other equipment worth RS. 80 lakhs. He was serving as chairman of the board of governors of the Indian Institute of Technology Kharagpur (IIT Kharagpur or IIT-KGP), a technical institute until 2014.
Shiv Nadar Facts And Curiosities
- He had spent most of his education studying in the Tamil language, beginning to speak English at the age of twenty-two. In college, his professors used to take their English classes in Tamil, and on weekends, they would show a movie in English at the college. He used to go to a movie theater with his friend to watch movies in English.
- In 2005, he was selected as a member of the executive board of the Indian Business School.
- Kiran Nadar is an avid art collector and has displayed her entire art collection in two different private museums in Delhi.
- Shiv Nadar made it to Forbes’ list of ’48 Heroes of Philanthropy’ from the Asia Pacific region. In 2015, he was named to Forbes International’s ‘Outstanding Philanthropist of the Year’ list.
- Shiv Nadar received the BNP Paribas Grand Prize for Individual Philanthropy in 2013 for the Shiv Nadar Foundation and the milestones he had achieved with the foundation.
- HCL launched the first 8-bit processor computer ‘HCL 8C’ and it was available at a price of Rs. 300,000. At this point in the market, IBM was offering commercial and industrial computers for Rs. 500,000 per year.
- Shiv Nadar topped Hurun India’s philanthropy list in 2016 and 2019.
- In July 2020, Shiv Nadar appointed her daughter Roshni Nadar Malhotra as the new president of HCL Technologies when she stepped down from her position. However, Shiv Nadar retained his position as the company’s managing director and chief strategy officer.
- In July 2021, Shiv Nadar decided to devote his full time to philanthropy and stepped down as Managing Director of HCL Technologies. He will serve as chairman emeritus and strategic advisor to the firm.
Shiv Nadar Awards And Honours
In 2008, the government of India awarded Nadar a Padma Bhushan, the third highest civilian award, for his contribution to the information technology industry.
In 2007, the University of Madras awarded him an honorary doctorate. Nadar was also recognized as E&Y’s 2007 Entrepreneur of the Year (Services).
In 1995 he became the Dataquest IT Man of the Year.
In 2005 he was awarded the CNBC Business Excellence Award. In 2006 he received an honorary fellowship from the All India Management Association. In 2011 he was counted among the Forbes 48 Heroes of Philanthropy in Asia Pacific. In 2010 he received the Dataquest Lifetime Achievement Award.
In April 2017, India Today magazine ranked Nadar 16th in India’s 50 Most Powerful People 2017 list. Nadar has committed over $1 billion to philanthropy.
Shiv Nadar Foundation
In 1994, Shiv Nadar decided to focus more on his philanthropic interests and founded the Shiv Nadar Foundation. The purpose of the foundation was to work for the benefit of future generations by providing them with access to education and a good quality of life.
Following his passion for philanthropy, Shiv Nadar founded the Sri Sivasubramaniya Nadar College of Engineering in Chennai, Tamil Nadu in 1996. The college was named after his father and, over the years, opened several other branches of education within from campus; thus changing it to Institution SSN.
Following this, he was giving away HCL university shares worth RS. 1 million for his funds. In 2006, he was announcing that the University will focus on helping students by improving and promoting research, and offering other benefits to students with their links with foreign universities.
In 2008 Shiv Nadar Foundation was collaborating with SHIKSHA Foundation and decided to open two Vidyagyan schools in Uttar Pradesh.
These schools offered scholarships to more than 200 students belonging to more than fifty districts in Uttar Pradesh. In February 2011, he was donating computer hardware worth Rs. 80 lakhs for his former Town Higher Secondary High School. Since the day of its founding, Shiv Nadar has donated nearly a billion dollars to the Shiv Nadar Foundation.
These schools offered scholarships to more than 200 students belonging to more than fifty districts in Uttar Pradesh. In February 2011, She was donating computer hardware worth Rs. 80 lakhs for his former Town Higher Secondary High School.
Since the day of its founding, Shiv Nadar has donated nearly a billion dollars to the Shiv Nadar Foundation. These schools was offering scholarships to more than 200 students belonging to more than fifty districts in Uttar Pradesh.
In February 2011, he was donating computer hardware worth Rs. 80 lakhs for his former Town Higher Secondary High School. Since the day of its founding, he was donating nearly a billion dollars to the Shiv Nadar Foundation.
HCL Corporation & Shiv Nadar Foundation
He is the main founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. He was founding HCL in the mid-1970s and transformed the IT hardware company into an IT company over the next three decades by constantly reinventing his company’s approach.
In 2008, he was receiving the Padma Bhushan award for his efforts in the IT industry.
Nadar, nicknamed by his friends as Magus, since the mid-1990s, he has focused his efforts on developing India’s education system through the Shiv Nadar Foundation. Ramanichandran , a prolific Tamil romance novelist is his cousin.
He is the third richest person in India with a net worth of $26 billion as of January 2021, according to Forbes.
Shiv Nadar Private Life
He has been married to Kiran Shiv Nadar for a long time. His wife is an avid art collector. Together they have a daughter, Roshni Nadar Malhotra,who is president of HCL Technologies.