One of India’s richest men is the millionaire businessman Nagavara Ramarao Narayana Murthy CBE LH Information technology (IT) business Infosys was founded by him. He served as the company’s first chairman as well as CEO,
president, and chief mentor. His net worth was estimated at $4.4 billion in April 2022. Shidlaghatta, Karnataka, is where Murthy grew up and still calls home.
A bachelor’s degree in electrical engineering from the National Institute of Engineering, University of Mysore, and a master’s degree from the Indian Institute of Technology Kanpur are his academic qualifications.
Biography of Narayana Murthy
The middle-class Brahmin family of Narayana Murthy in Shidlaghatta in the Chikkaballapura region of Karnataka welcomed him on August 20, 1946. Rohan Murty, a son, and Akshata Murty, a daughter, are the offspring of Murthy.
He is Rishi Sunak’s stepfather-in-law and a British Member of Parliament. Murthy worked as a systems programmer at the Indian Institute of Management Ahmedabad and Patni Computer Systems in Pune before founding Infosys (Maharashtra).
He founded Infosys in 1981 and served as its CEO from that time until 2002, at which point he became chairman in 2011. Chairman Emeritus since 2011, he resigned from the board of directors in 2011. In June 2013, Murthy was given a five-year term as executive chairman.
R. Narayana Murthy’s Net Worth
Murthy has an estimated net worth of $1.6 billion, making him one of India’s richest men in the private sector. As a co-founder of Infosys, a worldwide IT services company,
Narayana Murthy established himself as an IT industrialist known for his expertise in business consulting, technology, engineering, and outsourcing.
$1,9 billion in total assets
959th place in the world
Infosys, India’s second-largest software services exporter, was co-founded by Narayana Murthy. During his tenure as CEO and chairman, he led Infosys for more than a decade, from 1981 to 2011.
Investments in Yebhi, Hector Beverages, Hector Beverages Inc., Innoviti, and Coverfox, as well as an Amazon partnership named Cloudtail, have been made by Catamaran Ventures.
In 1967, he graduated from high school and enrolled at the National Institute of Engineering, where he studied electrical engineering and earned a bachelor’s degree 1967. In 1969, he graduated with honors from the Indian Institute of Technology Kanpur with a master’s degree.
A Research Assistant for a faculty member at the Indian Institute of Management Ahmedabad (IIM Ahmedabad) is where Narayana Murthy began his professional career before becoming a chief systems programmer.
For Electronics Corporation of India Limited, he designed and introduced a basic interpreter and worked on the country’s first time-sharing computer system. Company Softronics is the moniker he used for his venture.
A few months after the company’s demise, he accepted a job with Patni Computer Systems in the city of Pune. Infosys was founded in 1981 by Murthy and his team of six computer professionals with a seed cash donation of Rs 10,000 from his wife Sudha Murthy.
A chief systems programmer at the Indian Institute of Management and Patni Computer Systems in Pune, he joined Infosys as a systems analyst (Maharashtra). Until 2002, Murthy was CEO of Infosys; he was succeeded by co-founder Nandan Nilekani.
As the board’s chairman from 2002 to 2006, he became known as Principal Mentor. The title Chairman Emeritus was bestowed to him after he stepped down from his position in August of 2011. Murthy has served on the boards of DBS Bank, Unilever, NDTV, and ICICI Bank as an independent director.
He is a member of the Asia Pacific Advisory Board of British Telecommunications. In 2005, he co-chaired the Davos World Economic Forum. On June 1, 2013, Murthy rejoined Infosys as Executive Chairman and Additional Director.
On the 12th of June 2014, Murthy announced that he would be stepping down as Executive Chairman of the company on the 14th. Public Health Foundation of India currently has him as its Governing Board Chairman.
From now until October 10th, he’ll serve as Non-Executive Chairman. On October 11, Murthy was to be named Chairman Emeritus of the board. Rohan joined Infosys in June 2013 as an executive assistant to his father, who was CEO of the company at the time. In June of this year, he departed Infosys.
His wife, Sudha Murthy, is a social worker and novelist who works with the Infosys Foundation on humanitarian initiatives. Rohan Murty, a son, and Akshata Murty, a daughter, are the offspring of Murthy.
As his father’s executive assistant, Rohan began working at Infosys in June of that year. He quit Infosys in June of that year. Chancellor of the Exchequer and Conservative MP for Richmond, Yorkshire, Rishi Sunak married Akshata Sunak in 2009.