Romesh T. Wadhwani

$5.52 B

Ranked #733 in World

About Romesh T. Wadhwani

Indian-American entrepreneur Romesh T. Wadhwani, founder of the tech-focused private equity firm STG, emerged from Karachi's post-independence flux to become a Silicon Valley magnate. Overcoming early challenges like polio, he graduated from IIT Bombay and Carnegie Mellon University. Wadhwani founded several tech companies, including the massively successful Aspect Development. His philanthropic efforts, such as the Wadhwani Foundation, bolster India's economic development, particularly in entrepreneurship and AI research. A respected name in both business and charity, Wadhwani's journey from a Sindhi immigrant to a billionaire exemplifies the entrepreneurial spirit.

Born

August 25, 1947 in Karachi, British India

Age

78 years

Source Of Wealth

Software

Industries

Technology

Citizenship

United States

Residence

Palo Alto, California

Education

Doctorate, Carnegie Mellon University; Master of Science, Carnegie Mellon University; Bachelor of Arts/Science, Indian Institute of Technology, Bombay

Spouse

Kathleen "Kathy" Wadhwani

Children

1 daughter

Romesh T. Wadhwani, an Indian-American billionaire businessman, was born in Karachi, British India (now Pakistan). After India's independence, his family relocated to India. Of Sindhi origin, Wadhwani faced challenges in school admission due to contracting polio at the age of two. Despite these obstacles, he went on to earn a bachelor's degree from the prestigious Indian Institute of Technology Bombay (IIT Bombay) and later pursued a master's degree and a doctorate in electrical engineering from Carnegie Mellon University.

Romesh T. Wadhwani: Family

Romesh T. Wadhwani is married to Kathleen "Kathy" Wadhwani, and they reside in Palo Alto, California. Together, they have one daughter named Melina, who is married to Patrick Carey, who works at Symphony Talent.

Romesh T. Wadhwani: Career Highlights

Romesh T. Wadhwani has had a remarkable career as an entrepreneur and business leader. He founded, served as chairman, and CEO of several successful companies, including:

American Robot Corporation, specializing in software and solutions for computer-integrated manufacturing.
Compu-Guard Corporation, focused on technology-enabled energy management.
Aspect Development, Inc., acquired by i2 Technologies for $9.3 billion in stock.

Additionally, Wadhwani held executive chairman positions at Symphony Teleca Corporation, MSC Software Inc, Symphony Health Solutions Inc, and Shopzilla Inc. He also served as a board member of Information Resources Inc. and is the largest limited partner in Symphony's private equity funds.

Romesh T. Wadhwani: Companies

Romesh T. Wadhwani has been associated with several notable companies throughout his career, including:

Symphony Technology Group (STG): Founder, chairman, and CEO of this private equity firm focused on software, Internet, and technology services companies.
American Robot Corporation: Founder, chairman, and CEO of this company specializing in software and solutions for computer-integrated manufacturing.
Compu-Guard Corporation: Founder, chairman, and CEO of this company focused on technology-enabled energy management.
Aspect Development, Inc.: Founder, chairman, and CEO of this company acquired by i2 Technologies for $9.3 billion in stock.

Symphony Teleca Corporation: Executive chairman of this company.
MSC Software Inc: Executive chairman of this company.
Symphony Health Solutions Inc: Executive chairman of this company.
Shopzilla Inc: Executive chairman of this company.
Information Resources Inc: Board member of this company.

Romesh T. Wadhwani: Major Achievements

Romesh T. Wadhwani has achieved significant milestones in his career, including:

Founding Symphony Technology Group (STG), a leading private equity firm in the technology sector.
Successfully leading several technology companies as founder, chairman, and CEO.
Playing a key role in the acquisition of Aspect Development, Inc. by i2 Technologies for $9.3 billion in stock.
Serving as executive chairman of multiple companies within the Symphony Technology Group portfolio.
Becoming the largest limited partner in Symphony's private equity funds.
Co-founding the Wadhwani Institute for Artificial Intelligence in Mumbai, India, with his brother Sunil Wadhwani.

Romesh T. Wadhwani: Awards & Achievements

Romesh T. Wadhwani has received numerous awards and accolades for his contributions to business and philanthropy, including:

India Abroad Award for Lifetime Achievement in 2013.
Honorary doctorate from IIT Bombay in August 2018.

Romesh T. Wadhwani: Personal Life & Legacy

Romesh T. Wadhwani is known for his philanthropic efforts through the Wadhwani Foundation, which focuses on economic development in emerging economies, particularly in India. His initiatives in India include the National Entrepreneurship Network, skills college network, opportunities network for the disabled, and research initiative in biosciences and biotechnology. Wadhwani has also been involved in policy initiatives, such as the US-India policy initiative launched with Rick Inderfurth and Hemant Singh.

Romesh T. Wadhwani: Trivia

Romesh T. Wadhwani inaugurated a research center at the National Centre for Biological Sciences (NCBS) in Bangalore, named after his mother, Shanta Wadhwani.

Wealth History

Timeline

Romesh T. Wadhwani was born in Karachi, British India (now Pakistan).

His family moved to India after independence.

He is of Sindhi origin.

He contracted polio at the age of 2, which caused difficulties in his school admission.

He obtained a bachelor's degree from IIT Bombay.

He earned a master's degree and a PhD in electrical engineering from Carnegie Mellon University.

He founded, chaired, and served as the CEO of American Robot Corporation, specializing in software and solutions for computer-integrated manufacturing.

He founded, chaired, and served as the CEO of Compu-Guard Corporation, which focused on technology-enabled energy management.

He founded, chaired, and served as the CEO of Aspect Development, Inc., which was acquired by i2 Technologies for $9.3 billion in stock.

He served as the executive chairman of Symphony Teleca Corporation, MSC Software Inc, Symphony Health Solutions Inc, and Shopzilla Inc.

He was a board member of Information Resources Inc.

He is the largest limited partner in Symphony's private equity funds.

He co-founded the Wadhwani Institute for Artificial Intelligence in Mumbai with his brother Sunil Wadhwani.

He is a board of trustees member for the John F. Kennedy Center for the Performing Arts and the Center for Strategic and International Studies in Washington, D.C.

He established the Wadhwani Foundation for economic development in emerging economies, with a focus on India.

His initiatives in India include the National Entrepreneurship Network, skills college network, opportunities network for the disabled, and research initiative in biosciences and biotechnology.

He launched the US-India policy initiative with Rick Inderfurth and Hemant Singh.

2013

He won the India Abroad Award for Lifetime Achievement.

He inaugurated a research center at the National Centre for Biological Sciences (NCBS) in Bangalore named after his mother, Shanta Wadhwani.

He is married to Kathleen "Kathy" Wadhwani and lives in Palo Alto, California.

He has one daughter, Melina, who is married to Patrick Carey and works at Symphony Talent.

August 2018

He received an honorary doctorate from IIT Bombay.

Romesh T. Wadhwani : FAQs

What is Romesh T. Wadhwani's current net worth?

Romesh T. Wadhwani's current net worth is $5.52 billion.

What is Romesh T. Wadhwani's current global rank among billionaires?

Romesh T. Wadhwani holds the 733rd position globally among billionaires.

What is Romesh T. Wadhwani's current ranking within the United States?

Romesh T. Wadhwani holds the 271st position in United States.

What was the change in Romesh T. Wadhwani's net worth compared to the previous year?

Romesh T. Wadhwani's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 5.52 billion dollars.

What are Romesh T. Wadhwani's main sources of wealth?

Romesh T. Wadhwani's main source of income comes from Software.

In which industry does Romesh T. Wadhwani primarily operate?

Romesh T. Wadhwani is primarily involved in the Technology industry.

What is Romesh T. Wadhwani educational background?

Romesh T. Wadhwani holds a Doctorate from Carnegie Mellon University, a Master of Science from Carnegie Mellon University and a Bachelor of Arts/Science from Indian Institute of Technology from Bombay.

How old is Romesh T. Wadhwani?

Romesh T. Wadhwani is 78 years old.

How many children does Romesh T. Wadhwani have?

Romesh T. Wadhwani has 1 children.

Who is Romesh T. Wadhwani and what is he known for?

Romesh T. Wadhwani is an Indian-American billionaire businessman, founder, chairman, and CEO of Symphony Technology Group (STG), a private equity firm focused on software, Internet, and technology services companies.

What are some notable companies and positions held by Romesh T. Wadhwani in his career?

Romesh T. Wadhwani founded American Robot Corporation, Compu-Guard Corporation, and Aspect Development, Inc. He has also served as executive chairman of Symphony Teleca Corporation, MSC Software Inc, Symphony Health Solutions Inc, and Shopzilla Inc, and is a board member of Information Resources Inc.

How has Romesh T. Wadhwani contributed to philanthropy and economic development?

Romesh T. Wadhwani founded the Wadhwani Foundation which focuses on economic development in emerging economies, especially in India. His philanthropic efforts include initiatives like the National Entrepreneurship Network, skills college network, and opportunities network for the disabled, along with the establishment of a policy initiative between the US and India.

What obstacles did Romesh T. Wadhwani face early in life and how did his academic journey unfold?

Romesh T. Wadhwani contracted polio at age 2 and faced challenges with school admission. Despite this, he went on to earn a Bachelor's degree from IIT Bombay and both his Master's and PhD in electrical engineering from Carnegie Mellon University.

What recognitions has Romesh T. Wadhwani received for his achievements?

Romesh T. Wadhwani was awarded an honorary doctorate from IIT Bombay in 2018, and received the India Abroad Award for Lifetime Achievement in 2013. He has also marked his philanthropic contributions with the inauguration of the Shanta Wadhwani research center at NCBS in Bangalore.