Romesh T. Wadhwani
Technology

Romesh T. Wadhwani Net Worth

Romesh T. Wadhwani is an American entrepreneur and philanthropist born in 1947 in Palo Alto, California. He is the founder and chairman of Symphony Technology Group, which brings in $2.5 billion in annual revenues. He graduated from the Indian Institute of Technology and received a Ph.D. in electrical engineering from Carnegie Mellon in 1972. He founded Aspect Development, which was acquired for $9.3 billion in stock by i2 Technologies in 1999. In 2017, Symphony Technology Group sold MSC Software to Swedish company Hexagon for $834 million. Wadhwani also sits on the boards of the Kennedy Center and the Center for Strategic and International Studies.
Romesh T. Wadhwani is a member of Technology

Age, Biography and Wiki

Who is it? Founder and Chairman, Symphony Technology Group
Birth Year 1947
Birth Place Palo Alto, California, United States
Age 76 YEARS OLD
Residence Palo Alto, California, US
Citizenship United States
Alma mater IIT Bombay Carnegie Mellon University
Occupation Founder and chairman of Symphony Technology Group
Known for Internet companies, philanthropy
Spouse(s) Kathleen "Kathy" Wadhwani
Children 1 daughter

💰 Net worth: $5.1 Billion (2024)

Romesh T. Wadhwani, the renowned founder and Chairman of Symphony Technology Group, is estimated to possess a net worth of $5.1 billion in 2024. With a rich history in business and investment, Wadhwani has established himself as a prominent figure in the United States. The Symphony Technology Group, under his leadership, has garnered significant success and recognition in the technology industry. As a visionary entrepreneur, Wadhwani has built a legacy of innovation and growth, leading to his exemplary financial achievement.

2009 $1.4 Billion
2010 $1.4 Billion
2011 $2 Billion
2012 $1.9 Billion
2013 $2.1 Billion
2014 $2.5 Billion
2015 $2.8 Billion
2016 $3 Billion
2017 $3 Billion
2018 $3.06 Billion

Famous Quotes:

The ability to achieve without family background, ethnicity or social status being barriers in the way. To me, that's my definition of the American dream.

Biography/Timeline

1991

Wadhwani was then founder, chairman and CEO of Aspect Development, Inc., from its startup in 1991 to its acquisition in 1999 by i2 Technologies for $9.3 billion in stock.

2011

They have one daughter, Melina, who married Patrick Carey in 2011. Carey works as head of sales operations at Symphony Talent.

2012

In 2012, he inaugurated a new research centre at the National Centre for Biological Sciences (NCBS) in Bangalore, named named after his late mother, Shanta Wadhwani.

2013

He established the Wadhwani Foundation for economic development in emerging economies, with an initial focus on India. Initiatives in India include the National Entrepreneurship Network, which has established programs to enable growth-centric entrepreneurship at over 500 universities and colleges; a skills college network to help train and place large numbers of young adults in vocational jobs; an opportunities network for the disabled; and a research initiative in biosciences and biotechnology to help create jobs through innovation. The Foundation has launched a US-India policy initiative, with Rick Inderfurth, previously Assistant Secretary of State, as the Wadhwani Chair at the Center for Strategic and International Studies, a policy think tank in Washington D.C. and Hemant Singh, former Indian Ambassador to Japan, as the head of the Wadhwani program at ICRIER, a major policy institute in Delhi. Wadhwani won the India Abroad Award for Lifetime Achievement in 2013.

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.