Close X
Wednesday, January 15, 2025
ADVT 
India

Azim Premji, Nadar In Top 20 In Forbes' Tech Billionaires List

IANS, 11 Aug, 2016 11:52 AM
    Technology tycoons - Wipro Chairman Azim Premji and HCL co-founder Shiv Nadar - ranked in the top 20 in the Forbes list of 100 richest tech billionaires.
     
    According to the "100 Richest Tech Billionaires In The World 2016" list, Premji ranked 13th with a net worth of $16 billion while Nadar was at the 17th spot with $11.6 billion of net worth.
     
    Premji and Nadar are placed ahead of Google chief Eric Schmidt and Uber CEO Travis Kalanick.
     
    India has more tech billionaires than Brazil, Russia, Singapore and the UK. The Indian number equals tech billionaires in Israel, Taiwan and Australia.
     
    Thirtythree are from Asia, with China on top with 19 members. The US topped the global list with 51 members, followed by China.
     
    According to the list, 51 American tech founders and investors account for nearly two-thirds of the group's total wealth.
     
    The titans have, approximately, worth a combined $892 billion, 6 percent more than a year ago. The minimum net worth is now $2.2 billion, up from $2 billion a year ago, Forbes said.
     
    With a $78 billion estimated fortune, Microsoft founder Bill Gates is again the richest billionaire in tech, followed by Amazon founder and CEO Jeff Bezos ($66.2 billion). Facebook founder and CEO Mark Zuckerberg is ranked third.
     
    Compared to last year, 53 of the top 100 became richer while 27 got poorer. 
     
    There were 12 newcomers. The top five billionaires collectively added $36.9 billion to their fortunes over the past year, accounting for two-thirds of all gains.
     
    Two Indian-American technology tycoons - Symphony Technology Group CEO Romesh Wadhwani and founders of IT consulting and outsourcing company Syntel Bharat Desai and his wife Neerja Sethi - secured their spot in the list.

    MORE India ARTICLES

    Modi-Mehbooba 'positive' Talks Give Fillip To Kashmir Government Formation

    Modi-Mehbooba 'positive' Talks Give Fillip To Kashmir Government Formation
    A new government in Jammu and Kashmir is likely to be in place, as early as the next week, after PDP chief Mehbooba Mufti's "positive" meeting with Prime Minister Narendra Modi here on Tuesday.

    Modi-Mehbooba 'positive' Talks Give Fillip To Kashmir Government Formation

    Kumar Vishwas Moves HC Against Lodging Of FIR In Molestation Case

    Kumar Vishwas Moves HC Against Lodging Of FIR In Molestation Case
    Aam Aadmi Party leader Kumar Vishwas on Monday moved the Delhi High Court challenging a trial court's order for lodging an FIR against him on a complaint filed by a party volunteer alleging that he molested her.

    Kumar Vishwas Moves HC Against Lodging Of FIR In Molestation Case

    '40 Percent People In India May Not Have Water To Drink By 2030'

    '40 Percent People In India May Not Have Water To Drink By 2030'
    Forty percent of India's population may not have drinking water by 2030, if the water crisis in country is not met seriously, a study has warned.

    '40 Percent People In India May Not Have Water To Drink By 2030'

    Those Who Did Nothing Spread Lies On Reservations: PM Modi

    Those Who Did Nothing Spread Lies On Reservations: PM Modi
    The Congress hit back, asking Modi as to who raked up the reservation issue in the first place and put the blame at the RSS' doorstep

    Those Who Did Nothing Spread Lies On Reservations: PM Modi

    OROP Payout Have Reached Over Two Third Pensioners: Manohar Parrikar

    OROP Payout Have Reached Over Two Third Pensioners:  Manohar Parrikar
    "The OROP pensions are being disbursed at a very fast speed. By February 17, two third of the pensioners were covered," Parrikar told reporters

    OROP Payout Have Reached Over Two Third Pensioners: Manohar Parrikar

    David Headley's Cross-examination Deferred To Wednesday

    David Headley's Cross-examination Deferred To Wednesday
    The cross-examination of Pakistani-American terrorist turned approver David Headley in the 26/11 Mumbai terror attack case, which was scheduled to start on Tuesday, has been postponed by a day, an official said on Monday.

    David Headley's Cross-examination Deferred To Wednesday