Bharat Desai

About Bharat Desai

Who is it?: Chairman and Co-founder, Syntel Inc.
Birth Year: 1952
Birth Place: Fisher Island, Florida, United States
Residence: Fisher Island, Florida, US
Alma mater: University of Michigan Indian Institute of Technology, Bombay
Occupation: Chairman of Syntel
Spouse(s): Neerja Sethi
Children: 2

Bharat Desai Net Worth

Bharat Desai was bornon 1952 in Fisher Island, Florida, United States, is Chairman and Co-founder, Syntel Inc.. Bharat Desai founded IT consulting and outsourcing company Syntel with his wife Neerja Sethi from their apartment in Troy, Mich. The husband-and-wife team, who met in the U.S. while working for pioneering IT firm, Tata Consulting Services, invested $2,000 to get it going; it brought in $30,000 in sales during its first year. Thirty-seven years later, Syntel generated nearly $1 billion in 2016 revenue and has nearly 24,000 employees across the globe. Desai, who remains Syntel's chairman, was born in Kenya, raised in India and came to the U.S. in 1976 as a programmer for Tata; he earned his MBA from the University of Michigan. Sethi was born and raised in India, came to the states in 1978. She received her MBA from the University of Delhi before earning her second master's in computer science at Oakland University. She sits on Syntel's board and continues to serve as its vice president of corporate affairs. In 2017 Sethi fell from the billionaires rank as Syntel's shares took a sharp plunge in late 2016 and have yet to rebound; her stake in the company wasn't enough to put her among the world's richest. The fall has been attributed, in part, to the new Trump administration and the uncertainty surrounding financial services and health care firms, key industries that Syntel relies on.
Bharat Desai is a member of Technology

💰 Net worth: $1.39 Billion (Updated at 22 June 2018)

2009 $1.65 Billion
2010 $1.6 Billion
2011 $1.35 Billion
2012 $2 Billion
2013 $2.2 Billion
2014 $2.5 Billion
2015 $2.5 Billion
2016 $2.5 Billion
2017 $1 Billion
2018 $1.27 Billion

Some Bharat Desai images

Biography/Timeline

1952

Bharat Desai was born in November 1952, in Kenya in 1953. He is of Gujarati Indian origin. In his childhood, he lived in Mombasa and Ahmedabad. Desai received a bachelor's degree in electrical engineering from the Indian Institute of Technology Bombay and an MBA in Finance from the Stephen M. Ross School of Business.