Somnath Sharma is a self-made billionaire and an inspiration to entrepreneurs worldwide. His journey from humble beginnings to founding a multi-billion dollar empire is a testament to his hard work, determination, and business acumen.
Somnath Sharma was born on May 19, 1962, in a small village in India. His family was poor, and he often had to work to help make ends meet. Despite these challenges, Sharma excelled in school and went on to earn a degree in engineering from the Indian Institute of Technology.
After graduation, Sharma moved to the United States to pursue a career in the technology industry. He worked at several startups before co-founding his own company, ExcelSoft, in 1994.
ExcelSoft specialized in software development for the financial services industry. Under Sharma's leadership, the company grew rapidly and became one of the leading providers of financial software solutions. In 2005, ExcelSoft was acquired by Fidelity National Information Services (FIS) for $1.3 billion.
Following the sale of ExcelSoft, Sharma dedicated himself to philanthropy. He established the Somnath Sharma Foundation, which supports education, healthcare, and rural development initiatives in India. The foundation has donated over $100 million to various causes.
Sharma's business philosophy is centered around innovation, integrity, and customer satisfaction. He believes that businesses have a responsibility to make a positive impact on society.
Sharma has received numerous awards for his business success and philanthropy. In 2015, he was named one of the "Most Influential Indians" by the India Today Group. He has also been honored by the World Economic Forum and the United Nations.
Based on his experience, Sharma advises entrepreneurs to avoid the following common mistakes:
If you are an aspiring entrepreneur or business leader, draw inspiration from Somnath Sharma's story. Embrace his principles of innovation, integrity, and customer satisfaction, and you too can achieve great success.
Table 1: Key Milestones in Somnath Sharma's Career
Event | Year |
---|---|
Born in India | 1962 |
Earned engineering degree | 1985 |
Moved to the United States | 1988 |
Co-founded ExcelSoft | 1994 |
ExcelSoft acquired by FIS | 2005 |
Established the Somnath Sharma Foundation | 2006 |
Table 2: Somnath Sharma's Philanthropic Contributions
Area of Focus | Amount Donated |
---|---|
Education | $50 million |
Healthcare | $30 million |
Rural development | $20 million |
Table 3: Awards and Recognition Received by Somnath Sharma
Award | Year |
---|---|
"Most Influential Indians" | 2015 |
World Economic Forum Global Leader | 2016 |
United Nations Sustainable Development Goals Advocate | 2017 |
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