According to Forbes, as of Jan 2024, Narayana Murthy, co-founder of Infosys, boasts a net worth of $4.4 billion. This substantial wealth positions him as the 647th richest individual globally and the 41st wealthiest person in India. As one of the founding figures of Infosys, Narayana Murthy held a substantial stake in the company, and the bulk of his fortune has been intricately linked to the achievements and expansion of Infosys.
His income streams encompass his ownership stake in Infosys, his involvement with the private investment firm Catamaran Ventures, and his roles on the boards of diverse organizations such as the United Nations Foundation and the Ford Foundation.
Moreover, Narayana Murthy has actively participated in governing boards across a spectrum of organizations and has taken on advisory responsibilities in both the public and private sectors. These roles could potentially have augmented his income and contributed to his financial well-being.
More About Narayana Murthy
- Full Name: Nagavara Ramarao Narayana Murthy
- Born: August 20, 1946, in Kolar, Karnataka, India
- Nationality: Indian
- Education: Bachelor’s degree in Electrical Engineering from the National Institute of Engineering, Mysore, and a Master’s degree in Technology from the Indian Institute of Technology Kanpur.
- Married Sudha Murthy, an engineer, author, and philanthropist, in 1978.
- Has two children, Akshata Murthy and Rohan Murthy.
- Lives in Bangalore, India.
Career:
- Co-founded Infosys Technologies Limited in 1981 with six other colleagues.
- Served as the CEO of Infosys from 1981 to 2002 and as the Chairman from 2002 to 2011.
- Under his leadership, Infosys became one of India’s leading IT services companies and expanded globally.
- Played a pivotal role in shaping India’s IT industry and promoting outsourcing services.
- Advocated for corporate governance and transparency in business practices.
- Co-founded Catamaran Ventures, a private investment firm focused on various sectors, including healthcare, education, and technology.
- Served on the boards of numerous organizations, including the United Nations Foundation and the Ford Foundation.
- Actively involved in philanthropy and social initiatives.
Achievements:
- Received the Padma Shri award, one of India’s highest civilian honors, in 2000.
- Awarded the Padma Vibhushan, the second-highest civilian award in India, in 2008.
- Ranked among TIME magazine’s list of the 100 most influential people in the world in 2005 and 2020.
- Recognized with the Ernst & Young World Entrepreneur Of The Year Award in 2003.
- Under his leadership, Infosys became the first Indian company to be listed on NASDAQ in 1999.
- Known for his contributions to the growth and development of the Indian IT industry, creating job opportunities, and fostering entrepreneurship.
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