S. D. Shibulal Net Worth

S. D. Shibulal has an estimated net worth of $1.6 billion, according to Forbes Real-Time Billionaires, S. D. Shibulal profile (figures as of October 20, 2026). That is up from $1.4 billion in 2019.

S. D. Shibulal is an Indian business executive best known as an Infosys cofounder and former chief executive officer and managing director. He started his career in 1979 at Patni Computer Systems. In 1981, he helped launch Infosys after leaving Patni with the other founders. Over time, he worked across project management, North America client work, sales, customer delivery, manufacturing, distribution, and internet consulting.

His wealth comes mainly from software services and his long connection to Infosys. From 1991 to 1996, he worked at Sun Microsystems in the US, then returned to Infosys in 1997 and built its Internet Consultancy practice. He became chief operating officer in 2007 and took over as CEO and managing director in 2011. After stepping down in 2014, he stayed involved through investments, incubation, and a continuing stake in Infosys.

How S. D. Shibulal makes money

Most of Shibulal's fortune is tied to software services. He cofounded Infosys in 1981 and later helped shape parts of the business that served global clients, especially in North America. His work included project management, customer relationships, worldwide sales, customer delivery, and the Internet Consultancy practice he set up after returning in 1997. He stepped down as CEO in 2014, but Forbes says he still owns a small stake in the company.

Outside Infosys, Shibulal oversees his family office, Innovations Investment Management. He also cofounded Axilor Ventures in 2014 with former Infosys colleague Senapathy Gopalakrishnan. That added an incubator and venture investing side to his work after leaving day-to-day leadership at Infosys. Forbes also notes that he chairs The Tamara, a boutique resort chain. Along with wife Kumari, he gives regularly through 2 family foundations.

Forbes net worth over time

Forbes has tracked Shibulal's fortune through several swings. It estimated his net worth at $1.4 billion in 2019, then $1.1 billion in 2020. The figure rose to $1.9 billion in 2021 and $2.2 billion in 2022, before moving down to $1.8 billion in 2023. Those changes fit a fortune linked to a public technology company, where the value of a remaining stake can move from year to year.

More recently, Forbes put him at $2 billion in 2024 and again at $2 billion in 2025. On the 2026 World's Billionaires List, Forbes estimated $1.7 billion. Its real-time tracker later showed $1.6 billion in Oct 2026, and Forbes had him at $1.6 billion on October 20, 2026. That later reading lines up with his current role as an investor and family office head rather than an operating chief.