Narayan Murthy Net Worth Money and More
NET WORTH: $1.55 billion
Who wouldn’t know the pioneer, leader of the Indian tech N.R. Narayana Murthy, the co-founder of Infosys Limited, and a global software consulting company headquartered in Bangalore, India? He has an estimated net worth of $1.55 billion according to Forbes’s March 2013 edition. He is also ranked 42nd in India’s Richest List and 965th in the list of Billionaires of World.
Success Story
Nagavara Ramarao Narayana Murthy was born on August 20, 1946 in Mysore, Karnataka, India. His projected net worth of $1.55 billion has been built while serving as the CEO during 1981 – 2002, as the Chairman and Chief Mentor during 1981 – 2011, and as the Chairman Emeritus during the period August 2011 – May 2013 at Infosys which was founded by him in the year 1981. The Infosys Technologies which was established with a dream to lead India a way in the field of IT industry, is now an Indian multinational whisperer of information technology, business consulting, outsourcing services, and software engineering,. According to the revunes generated in year 2012, Infosys has been affirmed the third-largest Indian IT services company.
Narayana Murthy had begun his successful professional career as chief systems programmer with Indian Institute of Management Ahmedabad and Patni Computer Systems in Pune (Maharashtra). He is one of the co-founder of the Infosys, an IT company which started in 1981, along with other founders Nandan Nilekani, S. Gopalakrishnan, N. S. Raghavan, S. D. Shibulal, Ashok Arora, and K. Dinesh.
It always seen that success does not come to anyone so easily everyone definitely need to earn it so as Murthy did. Initially he had joined Softronics, where he had found failed. But he always had a vision to lead India in the IT sector with his own company. Any finally one such fine he decided to quit the job and borrowed an amount of Rs 10000 from his wife Sudha Murthy and he also need to sell his wife’s gold ornaments to start a company. But at the end as it says his all hard work paid off. At the time of his departure from Infosys in 2011, it had a market cap of Rs 1,27,000 crore. And he was portrayed as the father of the Indian IT sector and declared as the 42nd richest man in India. Murthy was always committed to Infosys and he still is. He once in an interview said that Infosys is like a child to him whenever his child needs him he will always stand by him. He actually joined back the company as Executive Chairman to actually enhance the company’s current dreary performance.
Along with serving the Infosys as CEO from its inception until 2002 and later as Chairman of Infosys he is also serving on respected boards of the Ford foundation, UN Foundation and Rhodes Trust. He has also hand round as a member of the HSBC board and the Unilever board. Apart from being the member of the various social foundations he has also served as member of the diverse universities as Cornell University, Graduate school Of business at Stanford University and Wharton School.. Later he has also hand out as Chairman of the IIM, Ahmedabad.
Narayana Murthy was ranked among the 10 most-admired global business leaders by the Economist in 2005. Fortune magazine in 2012 has rolled him among the ’12 greatest entrepreneurs of our time’. He has been honored as the Legion d’honneur by the French Government, the CBE by the British government and the Padma Vibhushan by the Indian Government.
Mr. Murthy is the first Indian winner of Ernst and Young’s World Entrepreneur of the Year award. He has also awarded with the Max Schmidheiny Liberty prize. He has also listed in the rankings of businessmen and innovators published by Business Week, Times, Fortune, CNN, Forbes, Financial Times, Economic Times, India Today, and the Business Standard.
After achieving so many awards in his share on May of 2013, he was also selected for the James C. Morgan Global Humanitarian Award which was sponsored by Applied Materials whose previous recipients include Bill Gates and Al Gore. He has been awarded with 25 honorary doctorates from universities in India and abroad.
Early life and education
Narayana Murthy was born on 20 August 1946 in Mysore, Karnataka. After completing his school education, he appeared for the Indian Institute of Technology entrance test but was not able to attend. In fact in its place he went to the National Institute of Engineering for his graduation and awarded with a degree in Electrical Engineering in 1967. After that he received his master’s degree from the Indian Institute of Technology in Kanpur in 1969.
Personal life
Narayana Murthy’s wife, Sudha Murthy née Kulkarni, a graduate in Electrical Engineering from the B.V.Bhoomaraddi College of Engineering & Technology, Hubli. She was also as brilliant as Murthy and an achiever too from early age of her life. She used to stand first in her class and once received a gold medal from the Chief Minister of Karnataka for the same. After completing her B.E., she pursued her M.E. in Computer Science from the Indian Institute of Science, there also she stood first in her class and received a gold medal from the Indian Institute of Engineers. Presently she is a recognized Indian social worker and author. She does charitable work through the Infosys Foundation. Murthy has been blessed with two beautiful brilliant children, a son Rohan Murthy and a daughter Akshata Murthy. The brilliancy has been inherited in them from their parents. Rohan is a Junior Fellow in the Society of Fellows at Harvard University. And on 1 June 2013, he joined as an executive assistant to his father in Infosys.Believing upon her father’s advice and suggestions Akshata has completed her MBA from Stanford Business School
