Ananya Gupta
August 31, 2023 09:54
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Discover the inspiring journey of N.R. Narayana Murthy, the visionary co-founder of Infosys, through his biography. Learn how his innovative approach and ethical values transformed Infosys and continue to inspire individuals worldwide.
Narayana Murthy, is an Indian billionaire businessman, is widely recognized as the co-founder of Infosys, a globally renowned multinational corporation. Born on August 20, 1946, in Mysore, India, Murthy’s journey from modest beginnings to becoming an influential figure in the tech industry is nothing short of inspiring. He is 77 years old.
Born on August 20, 1946, in Shidlaghatta, Chikkaballapura district in Karnataka, Narayana Murthy embarked on his educational journey after completing his school studies. He pursued his higher education at the National Institute of Engineering, where he earned a bachelor’s degree in Electrical Engineering in 1967. Furthering his academic pursuits, he obtained his master’s degree from the Indian Institute of Technology Kanpur in 1969.
| Narayana Murthy | |
|---|---|
| Full Name | Nagavara Ramarao Narayana Murthy |
| Profession | Entrepreneur |
| Date of Birth | 20 August 1946 |
| Age | 77 Years |
| College/ University |
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| Education Qualifications |
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| Awards and Achievements |
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| Net Worth | $4.6 billion |
Since his early years, Narayana Murthy exceptionally academically genius. He held a strong fascination for Mathematics and Physics, and his enthusiasm for learning in these domains was insatiable.
Murthy’s journey commenced as a Research Associate under a faculty member at IIM Ahmedabad. Following this, he served the role of chief systems programmer. During this tenure, he contributed to pioneering projects such as India’s inaugural time-sharing computer system. He played a important role in crafting and implementing a BASIC interpreter for Electronics Corporation of India Limited.
His spouse, Sudha Murthy, is an educator, author, and philanthropist, also holding the position of chairperson for the Infosys Foundation. Narayana Murthy is the father of two children: a son named Rohan Murthy and a daughter named Akshata Murthy. In June 2013, Rohan began his journey at Infosys, working as an executive assistant to his father, but he left the company in June 2014.
In 2009, Akshata tied the knot with British politician Rishi Sunak, who later held the positions of MP for Richmond, Yorkshire, and subsequently assumed leadership roles within the Conservative Party, eventually becoming the Prime Minister of the United Kingdom.
He initiated a venture called Softronics, but unfortunately, the company faced setbacks and closed down around eighteen months later. Subsequently, he became a part of Patni Computer Systems situated in Pune.
In 1981, Narayana Murthy, along with six fellow software professionals, embarked on the establishment of Infosys. With an initial investment of Rs 10,000, generously contributed by his wife Sudha Murthy, they laid the foundation for the company.
For a remarkable span of 21 years, Murthy held the position of CEO at Infosys, leading the company from 1981 to 2002.
He held the position of board chairman from 2002 to 2006, subsequently assuming the roles of Chairman of the board and Chief Mentor. His active involvement continued until August 2011 when he retired from the company, adopting the honorary title of Chairman Emeritus.
Narayana Murthy is also actively engaged as an independent director on the corporate board of HSBC. In addition, he has contributed his expertise as a director on the boards of DBS Bank, Unilever, ICICI, and NDTV.
Narayana Murthy was called back from retirement on June 1, 2013, to lead the company once again. At the age of 67, he has willingly embraced the task of revitalizing the company.
He assumed the roles of an Additional Director and the Executive Chairman of the Board within the organization. Collaborating closely with the top management, he is actively devising strategies, including incentives like increased salaries for top achievers, aimed at enhancing the company’s performance.
Right from the start, the team prioritized the company’s welfare over their personal interests. Moreover, each team member brought unique strengths that complemented the company’s growth.
In today times, Narayana Murthy is listed as one of history’s notable entrepreneurs, alongside with iconic figures such as Steve Jobs and Bill Gates. Recognizing his substantial contributions to the country’s IT sector and economy, he was awarded with the Padma Shri by the Indian Government in 2000. His achievements were further acknowledged in 2008 when he received the Padma Vibhushan, India’s second-highest civilian honor.
N.R. Narayana Murthy stands as an Indian entrepreneur with a substantial net worth of $4.6 billion. He accumulated his wealth through his role as the co-founder of Infosys, a multinational corporation specializing in business consulting, technology, engineering, and outsourcing services. Notably, Infosys holds the position of being India’s second-largest Information Technology company. The company, traded publicly as NYSE: INFY, boasts an annual revenue of $16 billion and profits totaling $4 billion. As of now, the company’s market capitalization stands at $80 billion, although it has recently seen valuations surpassing the $100 billion mark.
Narayana’s daughter is the designer Akshata Murty, and she is married to British politician Rishi Sunak. In October 2022, Rishi ascended to the position of Prime Minister of the United Kingdom. With Akshata possessing approximately 39 million shares of Infosys, Rishi now holds the distinction of being the wealthiest Prime Minister in the history of the United Kingdom. At the moment he assumed the role of PM, their combined net worth stood at $800 million. This effectively positioned Rishi approximately $200 million ahead of King Charles in terms of wealth.
Forbes India recently unveiled the India Rich List for 2022, which highlights the financial prowess of the country’s top 100 wealthiest individuals, amounting to a collective net worth of $800 billion. Among these notable figures is N.R. Narayana Murthy (aged 77), a prominent tech entrepreneur recognized for his substantial contributions. His wealth, according to the Forbes 2022 India Rich List, is valued at ₹34,728.52 crore. He holds the distinction of having served as the former Chairman of Infosys.
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