Romesh T. Wadhwani

May 5, 2023 - 15:45
May 5, 2023 - 16:20
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Romesh T. Wadhwani
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About Romesh T. Wadhwani:

Romesh T. Wadhwani is an entrepreneur, philanthropist, and investor based in the United States. He was born in Mumbai, India in 1947 and later moved to the United States where he received his education and built his business career.

Wadhwani is the founder and CEO of Symphony Technology Group (STG), a private equity firm that specializes in investing in software, data analytics, and technology-enabled services companies. He has built STG into a successful firm with a portfolio of companies that collectively generate over $4 billion in annual revenues.

In addition to his business career, Wadhwani is also a noted philanthropist. He is the founder of the Wadhwani Foundation, a non-profit organization that is dedicated to accelerating economic development in emerging economies through entrepreneurship, innovation, and skill development. The foundation operates in India, Indonesia, Malaysia, and other countries, and has helped over 3 million people to date.

Wadhwani is also a member of several philanthropic and educational boards, including the board of trustees for Carnegie Mellon University, the board of directors for the Center for Strategic and International Studies, and the board of trustees for the Kennedy Center. He has been recognized for his philanthropic work and business leadership with numerous awards, including the Ernst & Young Entrepreneur of the Year Award and the Indian-American Achievement Award.

Romesh T. Wadhwani Net Worth:

As of my knowledge cutoff in 2021, Romesh T. Wadhwani's net worth was estimated at $4.3 billion USD, according to Forbes. However, it is important to note that net worth can fluctuate based on changes in the value of assets and investments, so this number may have changed since then.

Romesh T. Wadhwani Net Worth in Rupees:

As of my knowledge cutoff in 2021, Romesh T. Wadhwani's net worth was estimated at $4.3 billion USD, which is equivalent to approximately 3,17,62,00,000 Indian Rupees (317 crores) based on the exchange rate at that time. However, exchange rates fluctuate frequently, so the equivalent value in rupees may have changed since then.

Romesh T. Wadhwani Education:

Romesh T. Wadhwani received his early education in India before moving to the United States for his higher education. He earned a Bachelor of Science degree in Electrical Engineering from the Indian Institute of Technology (IIT) Bombay in 1969.

He then went on to earn a Master of Science degree in Electrical Engineering from Carnegie Mellon University in 1970, and a Ph.D. in Electrical Engineering from Carnegie Mellon in 1972.

Wadhwani also holds a Master of Business Administration degree from Carnegie Mellon's Tepper School of Business, which he earned in 1975.

Romesh T. Wadhwani Life Style:

I do not have access to Romesh T. Wadhwani's personal life and lifestyle. However, based on public information available, it can be inferred that Wadhwani has a successful and prosperous lifestyle due to his business success and philanthropic work.

Wadhwani is known for being a private individual who keeps a low profile, so information about his personal life is limited. However, he is known to be actively involved in his philanthropic initiatives and is passionate about helping to create economic opportunities for people in emerging economies. He is also known to be an avid art collector and has supported various arts organizations and initiatives.

Romesh T. Wadhwani Companies:

Romesh T. Wadhwani is the founder and CEO of Symphony Technology Group (STG), a private equity firm that specializes in investing in software, data analytics, and technology-enabled services companies. Some of the notable companies in STG's portfolio include:

1. AxiomSL: a global provider of risk management and regulatory compliance solutions for financial institutions

2. Cadence Education: a provider of early childhood education services in the United States

3. Exela Technologies: a provider of automation software and services for business processes

4. Fidelis Cybersecurity: a provider of network security solutions for enterprises and government agencies

5. Orion Business Innovation: a provider of digital transformation services and solutions

6. ShopKeep: a provider of point-of-sale software and payment processing solutions for small businesses

In addition to STG, Wadhwani has also been involved with other companies over the course of his career, including Aspect Development (which was acquired by i2 Technologies), Ambit Corporation (which was acquired by Fiserv), and i-flex Solutions (which was acquired by Oracle Corporation).

Romesh T. Wadhwani Family Background:

Romesh T. Wadhwani was born in Mumbai, India to a Punjabi Hindu family. His father was a mechanical engineer and his mother was a teacher.

Wadhwani's family was not particularly wealthy when he was growing up, and he has talked about how his parents instilled in him the values of hard work and education. He has credited his success in life to these values, as well as to the support of his family and mentors.

Wadhwani is married and has children, but he is known to be a private individual who does not often discuss his personal life in public.

How Much Money Does Romesh T. Wadhwani Have:

Romesh T. Wadhwani's net worth was estimated at $4.3 billion USD, according to Forbes. However, it is important to note that net worth can fluctuate based on changes in the value of assets and investments, so this number may have changed since then.

It's also worth noting that an individual's net worth is not the same as how much money they have in cash or liquid assets. Net worth is calculated by subtracting an individual's liabilities (such as debts or loans) from their assets (such as investments, real estate, or businesses). So while Wadhwani may have a high net worth, the majority of his wealth may be tied up in various assets and investments.

Some Social Official Links of Romesh T. Wadhwani:

Official Website: https://www.wfglobal.org/who-we-are/

Instagram: https://www.instagram.com/wadhwanifoundation/?hl=en

Youtube: https://www.youtube.com/user/wadhwanif

Twitter: https://twitter.com/WadhwaniF/status/1216768809324838914

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