Shiv Nadar
Nadar is the founder and majority shareholder of HCL Technologies, a software developer and outsourcing provider. The New Delhi-based company had revenue of $ 9.9 billion in the year to March 31, 2020. He also holds a majority stake in publicly traded HCL Infosystems, which is also a manufacturer of personal computers and tablets.
Much of Nadar's fortune lies in publicly traded HCL Technologies, an Indian software developer. He and his family control 58% of the company through promoter groups. As of March 2020 filing with the Bombay Stock Exchange, they own 34% of HCL Infosystems, a computer manufacturer and services company.
Nadar is credited with all the shares held by his family to reflect his strategic control as the company's president.
HCL Technologies, based in Noida, a suburb of New Delhi, raised $ 170 million in an initial public offering in 1999, two years after closing the company's research and development division. Three years later, he merged the software businesses of software developers HCL Technologies and HCL Infosystems, India's largest personal computer vendors. In 2008, HCL sold large Indian rival Infosys to the UK for about $ 600 million. Business management software provider Exxon Group plc forbidden to buy.
The billionaire started the Shiv Nadar Foundation in 1994, which established schools and universities. VidyaGyan School which runs their foundation to talented students from hundreds of villages in Uttar Pradesh and provides them free education. He shifted his attention to philanthropy as his only child Roshan Nadar, preparing to take over the reins of the family holding company.
HCL Technologies, based in Noida, a suburb of New Delhi, raised $ 170 million in an initial public offering in 1999, two years after closing the company's research and development division. Three years later, he merged the software businesses of software developers HCL Technologies and HCL Infosystems, India's largest personal computer vendors. In 2008, HCL sold large Indian rival Infosys to the UK for about $ 600 million. Business management software provider Exxon Group plc forbidden to buy.
The billionaire started the Shiv Nadar Foundation in 1994, which established schools and universities. VidyaGyan School which runs their foundation to talented students from hundreds of villages in Uttar Pradesh and provides them free education. He shifted his attention to philanthropy as his only child Roshan Nadar, preparing to take over the reins of the family holding company.