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Ofer vs Nadar

Quantum Pacific Group (Eastern Pacific Shipping) and HCLTech.

The differences

  • Forbes puts Shiv Nadar about $0.3B ahead of Idan Ofer.Forbes figures from 16 Oct 2026 and 9 Oct 2026.
  • Idan Ofer: inherited and grew it. Shiv Nadar: co-founded it.
  • Shiv Nadar is about 10 years older than Idan Ofer.
  • Idan Ofer is from Israel; Shiv Nadar is from India.

Put someone else on either side

Side by side

OferNadar

The money

Net worth, Forbes
$30.2BForbes, 9 Oct 2026
$30.5BForbes, 16 Oct 2026
Net worth, Bloomberg
$30.7BBloomberg, 12 Oct 2026
$32.8BBloomberg, 12 Oct 2026
Forbes rank
No. 75Real-Time list, 9 Oct 2026
No. 73Real-Time list, 16 Oct 2026
Billionaire since
Not stated
2006Earliest Forbes list in the cited sources: No. 168 on the 2006 World's Richest People with $4.0 billion; an earlier listing isn't ruled out

Where it came from

How it started
Inherited and grew itBloomberg: his fortune derives from the shipping business his father founded; the family's assets were divided evenly between Idan and his brother Eyal by the time Sammy Ofer died in 2011. He chaired Israel Corp. after the family took control in 1999 and created Kenon Holdings in 2014
Co-founded itCo-founded HCL in a garage in 1976 with five friends to make calculators and microprocessors
Main source
Shipping through Quantum Pacific Group, plus stakes in Israel Corp. and Kenon HoldingsBloomberg: 'The majority of Idan Ofer's fortune is derived from the global shipping business his father founded'
HCLTech stock held through family promoter companiesBloomberg: the majority of his fortune is held in HCL Technologies; the family also has a majority of HCL Infosystems
Companies
Quantum Pacific Group (Eastern Pacific Shipping), Israel Corp., Kenon HoldingsQuantum Pacific Group (Eastern Pacific Shipping): Principal owner; Israel Corp.: Largest shareholder; no board role; Kenon Holdings: Controlling shareholder
HCLTechHCLTech: Founder; chairman emeritus and strategic advisor to the board
Biggest stake
Kenon Holdings62% owned
HCLTech0.00003% owned

The person

Born
2 Oct 1955Haifa, Israel
14 Jul 1945Moolaipozhi, Tamil Nadu, India
Country
IsraelLives in London, United Kingdom
IndiaLives in Delhi, India
Education
Bachelor's degreeEconomics and shipping, University of Haifa; later London Business School
Bachelor's degreeElectrical engineering degree, PSG College of Technology, Coimbatore
Parents
Younger son of Sammy Ofer, a Romanian immigrant and Israeli Navy veteran who founded a shipping company with his brother, and Aviva Ofer
Born in Moolaipozhi village, Tamil Nadu; lost his father early

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
Idan and Batia Ofer Family Foundation
Shiv Nadar FoundationEstablished in 1994
Lifetime giving
Not stated
$1.1BForbes, 30 Sep 2026. Forbes: donated to the Shiv Nadar Foundation; Bloomberg says the foundation has spent about $1.75 billion since 1994

Role and record

Role now
OwnerPrincipal owner of Quantum Pacific Group; controlling shareholder of Israel Corp. and Kenon Holdings
Founder, no executive roleChairman emeritus and strategic advisor to the board of HCLTech
Successor
Amir Elstein succeeded him as chairman of Israel Corp. in 2010No successor at his shipping business is named
His daughter Roshni Nadar Malhotra chairs HCLTech and the HCL Group (since July 2020); C Vijayakumar is CEO and managing director; son-in-law Shikhar Malhotra is a director of HCL Corporation and vice chairman and CEO of HCL Healthcare
Public office
None found
None found
Legal record
None found
None found

Idan Ofer against others

Idan's profile

Shiv Nadar against others

Shiv's profile