Meet Jagdeep Singh: Indian-Origin CEO Earning Rs 48 Crore Per Day — Know His Journey, Education, and More
Meet the world’s highest-paid employee, who earns an annual salary of Rs 17,500 crore, which translates to a daily income of Rs 48 crore. California-based Quantumscape’s founder and former CEO Jagdeep Singh’s remarkable earnings is a testament to the growth of the EV industry globally.
Jagdeep Singh ceo of QuantumScape
Indian-origin Jagdeep Singh is the CEO of the energy storage American startup company QuantumScape Corp. According to Jagdeep Singh’s LinkedIn profile, Jagdeep is the founder and CEO of QuantumScape Corp. Jagdeep Singh has studied Computer Science from Stanford University, and earned an MBA from University of California. According to his profile, Jagdeep Singh was is a founder of several companies, including Lightera Networks, AirSoft etc.
When QuantumScape was founded?
Jagdeep Singh was the founder and CEO of Infinera from 2001 to 2009. After this, QuantumScape was founded in 2010 by Jagdeep Singh, Tim Home, and Professor Fritz Prinz of Stanford University.
Who is investing in QuantumScape?
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QuantumScape is a company in the USA which conducts research into solid state lithium metal batteries for electric automobiles. The Company has headquarters in San Jose, California, and employees 400.
QuantumScape was established in 2010 by Singh and invested early by co-founder of Microsoft, Bill Gates and automobile multinational Volkswagen.
Does QuantumScape just solve the battery problem from the past 40 years? If electric vehicles are ever going to fully supplant gas guzzlers on the world’s roads, they’re going to need an entirely new type of battery. Now researchers at QuantumScape have developed a new battery tech that can offer affordable, long-range journeys in electric vehicles in just four years.
QuantumScape Lab The batteries, known as Solid-state lithium metal batteries, can provide better capacity than currently used lithium-ion ones, recharge faster, and even run cooler.
In addition, the batteries also charge without degrading with time — something lithium in batteries are infamous for. One of the biggest scientific innovations the team at QuantumScape have implemented is the replacement of liquid in the lithium-ion batteries with a strip of metal that makes them safer and does not make them prone to combustion.
Jagdeep Singh bagged a ‘staggering’ Elon Musk-like pay package
QuantumScape is a quantum dot displays technology American start-up company; only one year ago, they went public; recently, an enormous package deal of Jagdeep Singh has been confirmed at the shareholders’ annual meeting.
According to Jagdeep’s profile on LinkedIn, he’s the founder and CEO of QuantumScape Corp.
A major shareholders’ meet recently passed unanimously a humongous pay packet for Jagdeep Singh.
It is estimated, in fact, the shares to be handed over to him by proxy advisory firm Glass Lewis should be around a decent US $2.3 billion or Rs 17,486 crore here.
Hope to see the revolutionary battery innovations under Jagdeep Singh’s QuantumScape unlock all the EV hype we are impatiently waiting to arrive. Continue reading on Indiatimes.com for the latest news on science and technology.
He has a Bachelors of Science in Computer Science from University of Maryland. He further gained a Master’s of Science degree in Computer Science from Stanford University. Besides all this, he also holds an MBA degree from the Haas School of Business, Berkeley, University of California, which also adds to his educational qualifications.
Career of Jagdeep Singh
Before co-founding Quantumscape in 2010, Jagdeep Singh had previously worked for Sun Microsystems, Ciena, refining his skills at different levels within a number of companies. He founded AirSoft, Lighters Networks, and Infinera among others.
His most crucial career breakthrough was the idea that technology regarding battery would need an innovation to progress and create a company which today forms a very essential component for the EV future.
His firm, Quantumscape is also financed by heavy-hitting brands in the high-tech sector that include Volkswagen, as well as Bill Gates-Former Microsoft Corp Chief Executive. Jagdeep Singh quits the chairmanship of QuantumScape’s as a chief executive. That is, since April 2024 Siva Sivaram succeeded Singh.
Now Singh will head another “Stealth Start-up
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As reported in several news publications, a multibillion dollar pay deal with the CEO has been passed in QuantumScape’s annual meeting of shareholders. The package had been tied to the achievement of specific, quite aggressive goals that Quantumscape had set out. The deal was approved on the grounds of Singh’s performance.
