N.R. Narayana Murthy | Infosys Founder, Net Worth, Wife, Daughter, & Biography.
N.R. Narayana Murthy, is a renowned Indian businessman, philanthropist, and co-founder of Infosys, one of India's largest IT companies. He was born on August 20, 1946, in Mysore, India, and is widely regarded as a visionary leader who revolutionized the Indian IT industry In this blog, we will delve into the life and career of this trailblazing leader and explore how he revolutionized the Indian IT industry.
Quick Info
Full Name: Nagavara Ramarao Narayana Murthy
Known For: Co-founding Infosys, revolutionizing the Indian IT industry
Age: 76 (as of 2022)
Wife: Sudha Murthy who is a well-known author, social worker, and philanthropist
Son: Rohan Murthy, who is a film director and producer
Daughter: Akshata Murthy, who is an entrepreneur and investor
Net Worth: $4.6 billion USD
Infosys Valuation: As of March 2022, the market capitalization of Infosys is around $115 billion USD, making it one of the largest IT companies in India
Net Worth
As of 2023, Narayana Murthy's net worth is estimated to be around $4.6 billion USD (INR ₹380,484,344,800.00) , making him the 615th richest person in the world according to the Forbes. Much of his wealth comes from his stake in Infosys, which he co-founded and served as CEO for several years.
Early Life and Education:
Narayan Murthy was born on August 20, 1946, in Mysore, India. He grew up in a middle-class family and excelled academically, particularly in math and science. He completed his education in electrical engineering from the National Institute of Engineering in Mysore and pursued a master's degree in computer science from the Indian Institute of Technology in Kanpur.
Narayan Murthy's Journey from a Middle-Class Family to a Visionary Leader
After completing his studies, Narayan Murthy worked in India and abroad before returning to India in 1981. He founded Infosys along with six other co-founders with a modest investment of $250. His vision was to create a world-class software company that could compete with global players.
Personal Life
Narayana Murthy is married to Sudha Murthy, who is a well-known author, social worker, and philanthropist. The couple has two children, Akshata and Rohan. Akshata is an entrepreneur and investor, while Rohan is a film director and producer.
Narayana Murthy is known to be a disciplined and principled individual, who prioritizes values such as honesty, integrity, and hard work. In his free time, he enjoys reading, playing chess, and spending time with his family. Despite his success and fame, Narayana Murthy is known to maintain a low profile and has been described as a down-to-earth and humble individual.
Narayan Murthy Son In Law
Narayana Murthy's son-in-law is Rishi Sunak, who is a British politician and Prime Minister ( since 25 October 2022) of the United Kingdom. Rishi Sunak is married to Narayana Murthy's daughter Akshata Murthy. The couple met while they were pursuing their MBA degrees at Stanford University in the United States. Rishi Sunak's family has Indian roots, and he has often spoken about his admiration for his father-in-law's achievements and contributions to the Indian IT industry. Despite his close family connections to Narayana Murthy, Rishi Sunak has made a name for himself in his own right as a successful businessman and politician.
The Rise of Infosys
Building Infosys: Narayan Murthy's leadership and vision played a pivotal role in the growth of Infosys. He laid a strong foundation for the company by emphasizing the importance of quality and transparency. Under his guidance, the company became known for its ethical practices, customer-centric approach, and innovative solutions. Infosys grew from a small startup to a global IT powerhouse with a presence in over 50 countries.
The Leadership Style of Narayan Murthy: What Sets Him Apart as a Visionary Leader
Narayan Murthy's leadership style is widely admired and emulated. He is known for his hands-on approach to management and his ability to inspire and motivate his team. He prioritizes integrity, transparency, and accountability and believes that businesses have a responsibility to give back to society. His leadership style has been instrumental in creating a strong and sustainable corporate culture at Infosys.
Narayan Murthy's Philanthropic Endeavors and Contributions to Society
Social Activism: Narayan Murthy has been actively involved in social causes throughout his life. He has donated generously to various charities and foundations and has been a vocal advocate for education and healthcare. In 1996, he was awarded the prestigious Padma Shri for his contributions to the IT industry and in 2013, he received the Ernst & Young Lifetime Achievement Award for his philanthropic work.
Awards & Honors
Narayana Murthy has received numerous awards and honors for his contributions to the IT industry and society. Some of the major awards and honors received by him include:
- Padma Vibhushan - India's second-highest civilian award in 2008
- Padma Shri - India's fourth-highest civilian award in 1991
- Ernst & Young Entrepreneur of the Year Award in 2002
- Hoover Medal - given by the American Society of Mechanical Engineers in 2004
- Philanthropist of the Year Award - Forbes India in 2013
- Grand Officer of the Order of National Merit - France in 2008
- Commander of the Order of the British Empire (CBE) - UK in 2007
Apart from these, Narayana Murthy has also received numerous other awards and honors from various organizations and countries around the world for his contributions to the IT industry, entrepreneurship, and philanthropy.
Conclusion:
Narayan Murthy's life and career are a source of inspiration for aspiring entrepreneurs and business leaders. He has transformed the Indian IT industry and made a significant contribution to society through his philanthropic endeavors. His leadership style and commitment to ethical practices continue to guide and inspire us. Narayan Murthy is a visionary leader who has left an indelible mark on the Indian business landscape.
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