Nikesh Arora, a well-known personality in the worldwide tech business, was born on February 9, 1968, making him fifty-five years old. holding the positions of chairman and CEO of SoftBank Group Corp.'s Vision vehicle, the largest technology-focused investment vehicle in the world with assets over $100 billion. Arora is on the boards of Yahoo Japan Corporation, T-Mobile US, Inc., and SoftBank Group Corp.
Over the course of a three-decade career, Arora has made a lasting impact and contributed to tech behemoths like Google, T-Mobile, and Sprint. He was acknowledged on a global scale and was named one of the most prominent Indians globally in 2014 when he was awarded the CNN-IBN Indian of the Year Global Indian award.
Nikesh Arora |
Nikesh Arora Overview
Nikesh Arora’s Family
Nikesh Arora was born into a middle-class family on February 9, 1968, in Ghaziabad, Uttar Pradesh, India. While his mother devoted her time to raising the family, his father, Jagdish Kumar Arora, was a member of the Indian Air Force. Arora was raised in a loving home and was influenced by her two younger sisters.
Arora was a bright, curious student who thrived in extracurricular activities as well as academics. His enthusiasm for computers and technology began while he was a student at the Air Force Bal Bharati School in New Delhi. Throughout his early years, Arora participated in debates, quizzes, and athletics and won multiple accolades.
After completing his education, Arora enrolled at the prestigious Indian Institute of Technology (BHU) Varanasi to pursue a bachelor's degree in electrical engineering, which he completed in 1989. He then traveled to the United States, where he graduated in 1992 with a master's in finance from Northeastern University in Boston. In 1995, Arora continued his academic career by earning a master's in business administration from Boston College.
What is the Net Worth of Nikesh Arora
According to the Bloomberg Billionaires Index, Nikesh Arora's projected net worth as of January 4, 2024, is $1.5 billion. His enormous financial investment in Palo Alto Networks, valued at around $1.3 billion, is largely responsible for his wealth. Arora increases the diversification of his interests by owning stock in more businesses, such as SoftBank, Oyo, and Paytm. His impressive track record of large compensation packages—which total over $300 million for his illustrious career—adds to his financial success.
Arora is a pathfinder initiative in the international business world and one of the most prominent and successful CEOs of Indian descent. Numerous publications and organizations have recognized and honored him for his outstanding accomplishments and contributions.
Career
In 1992, Arora started working as an analyst for the global financial services firm Fidelity Investments. After six years of employment, he became vice president of finance and business development.
Arora began working for Deutsche Telekom's T-Mobile International in 1999, first serving as the company's chief marketing officer and executive committee member. He oversaw the company's activities in Europe for marketing, sales, and customer service. Additionally, he was instrumental in the company's expansion into new areas and the introduction of the first mobile internet service in Europe.
Arora began working for Google, the biggest internet corporation in the world, in 2004 as the vice president of operations for Europe. As the director of sales, marketing, and partnerships, he played a key role in expanding Google's operations throughout Europe, the Middle East, and Africa. He also assisted in the introduction of a number of cutting-edge goods and services, including Google Maps, YouTube, and Gmail.
Arora became one of Google's top executives in 2009 after being elevated to the position of president of worldwide sales operations and business development. Over 20,000 employees reported to him, and he oversaw income creation and global strategic alliances for Google. In addition, he oversaw Google's acquisitions and investments in companies like Waze, Nest, and Motorola Mobility.
Arora joined Google in 2014 as a senior vice president and chief business officer, directly answering to Larry Page, the company's co-founder and CEO. He oversaw all of Google's business operations, including media, cloud, advertising, and commerce. In addition, he was in charge of Google's regional operations in emerging markets, Latin America, and Asia Pacific.
Wife
Ayesha Thapar, a well-known Indian socialite and entrepreneur, is the heiress to the Thapar Group, one of the country's biggest industrial enterprises, and she is married to Arora. Celebrities and dignitaries from all around the world attended the couple's extravagant 2014 nuptials in Italy.
Their daughter was born in 2017 and their boy was born in 2015. They reside in Tokyo, Japan, which is also home to the headquarters of the Vision Fund and SoftBank Group Corp.
Achievements
Time Magazine’s 100 Most Influential People in the World (2012)
Fortune Magazine’s 40 Under 40 (2011, 2012, 2013, 2014)
Forbes Magazine’s World’s Most Powerful People (2014, 2015, 2016, 2018, 2019, 2020, 2021)
Bloomberg Markets Magazine’s 50 Most Influential People in Global Finance (2014, 2015, 2016)
CNBC’s Disruptor 50 (2018, 2019, 2020, 2021)
Recode’s 100 Most Influential People in Tech, Business, and Media (2018, 2019, 2020, 2021)
5 Facts about Nikesh Arora:
1. Early Education: Arora earned a bachelor's degree in electrical engineering from the prestigious Indian Institute of Technology (BHU) Varanasi in 1989 before pursuing master's degrees in finance and business administration in the United States.
2. Tech Industry Impact: Arora played a pivotal role in the success of Google, where he joined in 2004 as vice president of European operations. His contributions included overseeing the growth of Google's business in Europe, Middle East, and Africa, as well as launching innovative products like Gmail and YouTube.
3. SoftBank Leadership: In 2014, Arora joined SoftBank Group Corp. as vice chairman and CEO of its internet and media division. He later became the CEO and chairman of SoftBank Group Corp.'s Vision Fund in 2018, steering its global expansion and diversification.
4. Recognition and Awards: Arora's influence extends beyond the boardroom, earning him a spot on prestigious lists such as Time Magazine’s 100 Most Influential People and Forbes Magazine’s World’s Most Powerful People.
5. Philanthropy: Arora is not just a business leader; he is also a dedicated philanthropist. Through foundations and trusts, he supports causes such as education, health, environment, and women empowerment, showcasing his commitment to social responsibility.
5 FAQs about Nikesh Arora:
1. What is Nikesh Arora's Net Worth?
- As of January 4, 2024, Arora's net worth is estimated at $1.5 billion, primarily from his equity stake in Palo Alto Networks and shares in companies like SoftBank, Oyo, and Paytm.
2. What are Nikesh Arora's Educational Background and Degrees?
- Arora holds a bachelor's degree in electrical engineering from IIT (BHU) Varanasi, a master's degree in finance from Northeastern University, and an MBA from Boston College.
3. In Which Roles Did Nikesh Arora Serve at Google?
- Arora served in various roles at Google, starting as vice president of European operations in 2004 and later becoming president of global sales operations and business development in 2009.
4. Why Did Nikesh Arora Step Down from SoftBank in 2016?
- Arora resigned from SoftBank in 2016 following criticism from some shareholders. His departure was influenced by Masayoshi Son's decision to continue as chairman, delaying Arora's succession plan.
5. What is Nikesh Arora's Current Role?
- As of May 2018, Arora is the CEO and chairman of SoftBank Group Corp.’s Vision Fund, the world’s largest technology-focused investment fund, with over $100 billion in assets.
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