Billionaire Profile
Bharat Desai
Global Rank
#2450

Image: Govind Pundalik Hegde Desai | Public domain | via Wikimedia Commons

Bharat Desai

CEO, IT consulting
UNITED STATES
Real-Time Net Worth
$1.557B
Estimated based on IT consulting stock value as of March 6, 2026
0% (24h)
Age
73
Source
IT consulting
Industry
Technology
Citizenship
UNITED STATES

Biography

Bharat Desai is an Indian-American billionaire businessman and philanthropist, renowned for co-founding and leading Syntel, an IT consulting and outsourcing company. Born in Kenya and educated in India and the United States, Desai's career began with Tata Consultancy Services (TCS) before he and his wife, Neerja Sethi, launched Syntel in 1980. His vision and leadership propelled Syntel to a $900 million revenue business, later acquired by Atos for $3.4 billion. With a net worth of $1.6 billion, he is ranked at #2447 in the world today, according to Forbes. Desai's source of wealth stems from his successful ventures in IT consulting. He is known for his dedication to philanthropy, contributing significantly to educational institutions and charitable organizations. Desai is a board member of several educational institutions, including the John F. Kennedy School of Government at Harvard University and the Stephen M. Ross School of Business at the University of Michigan.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Bharat Desai was born in Kenya in November 1952 and spent his childhood in Mombasa and Ahmedabad. He 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 at the University of Michigan.

Rise to Success: Founding Syntel

In 1976, Desai began his career as a programmer with Tata Consultancy Services (TCS) in the U.S. In 1980, Desai, along with his wife Neerja Sethi, co-founded Syntel in Troy, Michigan, with a modest initial investment. Syntel started with just $30,000 in revenue in its first year but grew into a global IT leader. Syntel went public on the NASDAQ in 1997.

Key Business Strategies

Syntel focused on providing IT and business services through a global presence. The company offered various services, including Application Outsourcing, e-Business, and TeamSourcing. By 2018, Syntel's revenue reached $900 million, leading to its acquisition by the French IT firm Atos SE for $3.4 billion.

Philanthropy

Bharat Desai and Neerja Sethi established The Desai Sethi Foundation (DSF) to improve the well-being of marginalized individuals. The foundation focuses on promoting education, entrepreneurship, and wellness, supporting underprivileged youth in Michigan and Florida, and backing the American India Foundation's education initiatives. In 2023, the Desai Sethi Family Foundation pledged $20 million to support the renowned Department of Urology at the Miller School.

Career Milestones

1976

Programmer

Began working as a programmer for Tata Consultancy Services (TCS).

1980

Co-founded Syntel

Co-founded Syntel with his wife, Neerja Sethi, which grew into a global IT services company.

1996

Entrepreneur of the Year

Awarded "Entrepreneur of the Year" by USA Today and NASDAQ.

2018

Syntel Acquisition

Syntel was acquired by Atos SE for $3.4 billion.

Philanthropy & Social Impact

Education and Wellness

Desai Sethi Foundation (DSF)

Undisclosed

Supports education, entrepreneurship, and wellness initiatives, focusing on underserved communities in Michigan, Florida, and India.

Education

American India Foundation (AIF)

Undisclosed

Backs AIF's education initiatives.

Business Philosophy & Leadership

Notable Quotes

""It's about having a strong vision and the patience to build it step by step.”"

"“I always wanted to run a business of my own. I was a horrible employee and could not live by anybody else's rule. So, the best way was to start my own company. My wife is the toughest board member.”"

Controversies & Challenges

2018

Lawsuit from Atos

After the acquisition of Syntel, Atos sued Desai, alleging that he had hidden liabilities before the merger. The case was dismissed in 2023.