Nandan Nilekani was born on June 2, 1955 in Bangalore, Mysore state, India, and is a politician and entrepreneur, best known for being the co-founder of Infosys – he is the non-executive chairman of the company’s board of directors. He is also a member of the Indian National Congress Party (INC) but all of his efforts have helped make his fortune what it is today.
How rich is Nandan Nilekani? As of the end of 2017, sources estimate a net worth of $ 1.3 billion, earned primarily through business achievements and political engagement, including serving as the head of the Indian government’s technology committee. As he continues his endeavors, his fortune is expected to continue growing too.
Nandan Nilekani net worth of $ 1.3 billion
Nandan was educated at the Bishop Cotton Boys’ School and later at St. Joseph High School Dharwad. After enrolling, he attended Karnataka PU College Dharwad and graduated from the Indian Institute of Technology Bombay with a degree in electrical engineering. In 1978 Nandan moved to Patni Computer Systems in Mumbai; three years later, he and several other employees left Patni to start their own company called Infosys. The company would grow under her care and increase its wealth significantly. In 2002, after holding numerous positions with the company on the way to the top, he became the company’s chief executive officer for five years. He eventually gave up his position but remained co-chair of the board of directors, helping Infosys with all of its endeavors to become a billion dollar company. As a result, his fortune also reached several billion.
In 2009, Nilekani left Infosys to join the Indian government when he was led by Prime Minister Dr. Manmohan Singh was invited to become chairman of the Unique Identification Authority of India, or UIDAI. He helped implement the Unique Identity Card (UID) project in India, which aims to support the efficient provision of social benefits in the country. It has been named the largest social project in the world using biometrics and creating a government database of the population of India. He also wrote the book Imagining India: The Idea of a Renewed Nation, which was promoted by the television program The Daily Show with Jon Stewart. He also spoke at a TED conference to share his ideas for the country.
In 2014, Nandan joined the Indian National Congress Party. Two years later, he joined a committee to study how the country could improve the use of digital payments.
Nandan continues to invest and has helped fund around 12 startups, including Tracxn, LetsVenture, 10i Commerce and Juggernaut. In the course of his career he has received several awards, including 2011 NDTV Indian of the year. He also won the Joseph Schumpeter Prize and the Legend in Leadership Award from Yale University.
It is known from his personal life that Nilekani is married to Rohini Soman, whom he met at a quiz evening, and they have two children. Nilekani is fluent in Konkani, Kannada, Hindi, Marathi and English. He is a supporter of numerous nonprofits, including EkStep, a reading and writing skills platform. He is also President of the National Council of Applied Economic Research (NCAER), India’s oldest and largest nonprofit economic research think tank.
Nandan Nilekani Net Worth first appeared on Net Worth Post.