Bharat Desai is not just a name but a whole brand. Along with his wife, Neerja Sethi, Desai founded Syntel in 1980. The multinational IT service and consulting provider company have become a phenomenally successful investment making Bharat Desai one of the renowned billionaires in the United States of America. Together, the power couple stood as the masterminds for their success. So, let’s read Bharat Desai biography.
Desai was born in Kenya into a Gujarati origin family. His childhood was mostly spent in Mombasa and Ahmedabad. Bharat Desai completed his bachelor’s degree in electrical engineering from the Indian Institute of Technology, Bombay. He had also pursued an MBA in finance from Stephen M. Ross School of Business.
He went to the States as a programmer for TATA in 1976. Later in 1980, he co-founded his own IT service organization Syntel with his wife, Neerja Sethi. The business was based in Troy, Michigan. Sethi stands as one of the richest businesswomen in America. At present, Desai is 68 and is the father of two children. Currently, they are residing at Fisher Island, Florida in the USA.
Business & Net Worth
Syntel was stared up with an investment of $2000 in 1980. In the very first year, it earned a total of $30,000, making the business a success. It is one of the first US-based IT service companies that employed a Global Delivery model. By 2005, Syntel had its global development centers in major cities in India that are Mumbai, Chennai, Pune, and Phoenix, Arizona. It also opened technology campuses in Chennai and Pune.
Read: Manoj Joshi Biography
Desai held the position of Chairman of Syntel. In 2018 the company merged with French IT provider Atos S.E. and started operating as Atos Syntel. The merging gained $3.4 billion. Before the merging, Syntel’s annual revenue increased to $900 million.
Desai’s name became more eminent when he stood among Forbes’ ‘Richest in Tech 2016’, and ‘Forbes 400 2016’. He was named in Forbes’ ‘Billionaires 2020’. As of 2020, his total net worth is $1.4 billion.
Desai has joined board memberships of multiple educational institutions that are John F. Kennedy School of Government at Harvard University, Students in Free Enterprise (SIFE), Stephen M. Ross School of the Business at the University of City Michigan.
The power couple Bharat Desai and Neerja Sethi have risen the bar of triumph. Desai remains one of the most successful Indian originated American billionaires. His achievements are something that every rising entrepreneur dream of. His journey and wit are recognized globally.
If you are interested to know more success stories of people around the world who are making India Proud every day, scroll down the page. You can find biographies of influential honorary humans who aimed and achieved their goals.