⬅ # 736 Cliff Obrecht|# 738 Dan Snyder

# 737 N.R. Narayana Murthy 

$4.33B

Real Time Net Worth
as of 6/24/2024
-$7.7M (-0.18%)

# 737 N.R. Narayana Murthy 

$4.33B

Real Time Net Worth
as of 6/24/2024
-$7.7M (-0.18%)
OccupationCofounder, Infosys
Source of WealthSoftware Services
Age77
ResidenceBangalore, India
Marital StatusMarried
Children2
EducationMS, Indian Institute of Technology
Age-Adjusted Net Worth$1.37B
N.R. Narayana Murthy
N.R. Narayana Murthy
India
Net worth: $4.33B

Self-Made Score 

Wealth History

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Biography

Overview

N.R. Narayana Murthy is the legendary co-founder and retired chairman of Infosys, playing a pivotal role in shaping India's IT sector.
He stepped down as chairman in 2011 after a three-decade tenure but returned briefly in 2013 before assuming the title of chairman emeritus.
His net worth was estimated at $4.1 billion as of April 2023, making him one of India's wealthiest individuals and a global business figure.

Early Life and Education

Born on August 20, 1946, in Sidlaghatta, Karnataka, Murthy hailed from a middle-class Hindu family.
He graduated with a bachelor's degree in electrical engineering from the National Institute of Engineering in 1967.
In 1969, he obtained his master's degree from the Indian Institute of Technology Kanpur.
Murthy received an honorary degree from Lancaster University in 2007, recognizing his contributions to the tech industry.

Career

Murthy's career commenced at IIM Ahmedabad, where he worked as a research associate and chief systems programmer.
Following this, he contributed to India's first time-sharing computer system and designed a BASIC interpreter for Electronics Corporation of India Limited.
In 1981, he co-founded Infosys with six professionals, utilizing an initial capital investment of Rs 10,000, primarily provided by his wife Sudha Murty.
Serving as CEO for 21 years, Murthy steered Infosys to become a global IT services outsourcing leader, pioneering the offshore delivery model.
After retiring in 2011, he held roles such as chairman emeritus and executive chairman during various periods, influencing corporate governance and strategic direction.

Board Memberships and Philanthropy

Beyond Infosys, Murthy served as an independent director on the boards of HSBC, DBS Bank, Unilever, ICICI, and NDTV.
He is affiliated with numerous educational and philanthropic institutions, including Cornell University, Ford Foundation, and the UN Foundation.
Murthy chairs the Governing Board of the Public Health Foundation of India and serves on advisory boards for organizations like Cyril Amarchand Mangaldas.
Additionally, he contributes as a trustee to entities like the Infosys Prize and the Institute for Advanced Study in Princeton.
His philanthropic efforts extend through his wife, Sudha Murty, who chairs the Infosys Foundation, focusing on education, healthcare, and rural development.

Personal Life

Murthy's spouse, Sudha Murty, is an esteemed educator, author, and philanthropist, also chairing the Infosys Foundation.
He has two children, Rohan Murty and Akshata Murty.
Rohan briefly served as an executive assistant at Infosys, while Akshata married British politician Rishi Sunak, who later became Prime Minister of the United Kingdom.
Murthy's family is actively engaged in philanthropy, aligning with their commitment to social causes and community development.
Despite his towering presence in the tech and business spheres, Murthy maintains a balanced perspective, valuing family and societal welfare.

How long would it take you to become as rich as N.R. Narayana Murthy?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach N.R. Narayana Murthy's net worth of $4.33B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.35% compared to 16.28% for the S&P 500 benchmark.

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N.R. Narayana Murthy is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For N.R. Narayana Murthy, Software Services is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey