Achyuta Samanta Net Worth: Founder of KIIT Group of Institutions

Achyuta Samanta is an Indian educationist, philanthropist, and social entrepreneur with a high reputation in the country. You might know him as the originator aka the founder of the Kalinga Institute of Technology (KIIT) and the Kalinga Institute of Social Sciences (KISS). Over the past few years, he has been kinda a key factor in the field of education, focusing primarily on a most neglected group of civil society, the underprivileged tribal children in this state, Odisha. Even after establishing institutions worth thousands of crores, he has chosen to remain a volunteer for the good of the community rather than enjoying a luxury lifestyle. Let’s have a close look at his life, shall we?

Early Life and Challenges

It was the day of January 20, 1965, when Achyuta Samanta was born in a small village called Kalarabanka in Odisha. As a matter of fact, he possessed the worst symptoms of poverty that one could have, you know? At the age of four, his father dropped dead and left his own mother to take care of 8 kids alone. Even then, however, he clung to education as the only safety for the future, and he could outdo all his struggles, at least that’s what he had in his mind. He could accomplish this by doing an M.Sc. in Chemistry from Utkal University. To be honest, he had to work as a tutor during his university days, in order to support himself, and his family. And sure, it was the pain in which he suffered when he was young that made him wish to help others who were also deprived of education.

The Birth of KIIT Group of Institutions

It actually was back in 1992, when Achyuta Samanta came together with a vision to start a Kalinga Institute of Industrial Technology (KIIT) with a super small amount of money, you know, only 5 thousand rupees, and that too in a rented house. From the very start, Achyuta laid out a straightforward plan for KIIT for students with advanced degrees in engineering, medicine, law, etc. And yes, these initial small steps grew into a big hit combining it with the university that over 27,000 students came from 40 different countries. India has become a leading educational institute today that is not only the best choice but also the best in academics with various projects at the KIIT.

Kalinga Institute of Social Sciences (KISS)

The Kalinga Institute of Social Sciences (KISS) is a social initiative founded in 1993 by Dr. Achyuta Samanta with the intention to provide tribal children in Odisha with free education, food, and shelter, you know? All in all, KISS is a super important program that has transformed the lives of a large number of underprivileged students down there. It has burgeoned into the world’s largest fully free residential institute for tribal education, with a student strength of over 27,000. Additionally, the uniqueness of KISS is that it is the first university in the world dedicated completely to tribal students, that’s the best bit about it.

Net Worth and Personal Life

The man who controls a massive asset base that is not less than ₹10,000 crores but yet his personal wealth has never been a matter of concern is Achyuta Samanta. Sounds like a very dramatic introduction to his finances, but that’s how he is in real life. Talking about more personal life things, well, he is still single and now he is renting a house but he has full concentration in the education and social sectors. The way he puts his interests aside for others and the intense way in which he tackles socio-economic issues has made him a special individual, that’s for sure. All in all, the extraordinary story from poverty to a world-renowned educator is the ultimate example of service and dedication from Achyuta Samanta, and it sure deserves some appreciation. So yes, hats off to him.