Close X
Saturday, September 21, 2024
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

    Delhi Woman Held For Stealing Rs. 17 Lakh From In-Laws' House

    Delhi Woman Held For Stealing Rs. 17 Lakh From In-Laws' House
    A 27-year-old woman has been arrested by Delhi Police for allegedly stealing Rs. 17 lakh from her in-laws' house at Shastri Park in northeast Delhi, police said today.

    Delhi Woman Held For Stealing Rs. 17 Lakh From In-Laws' House

    Indian IT Industry Body Says No Need To 'Panic' Over Donald Trump

    Indian IT Industry Body Says No Need To 'Panic' Over Donald Trump
    IT body NASSCOM on Thursday said that the industry needs to wait and watch, rather than panic, on the outcome of the US Presidential elections, though it warned of lasting impact of 'Brexit' on India.

    Indian IT Industry Body Says No Need To 'Panic' Over Donald Trump

    One acerbic comment cracks BJP's Dalit dream in UP

    One acerbic comment cracks BJP's Dalit dream in UP
    In politics, fortunes change overnight. They certainly did in Uttar Pradesh within just 24 hours for two players -- the Bharatiya Janata Party (BJP) and the Bahujan Samaj Party (BSP).

    One acerbic comment cracks BJP's Dalit dream in UP

    62 Year-old Man Suspected To Be Running Escort Service In Delhi Arrested

    62 Year-old Man Suspected To Be Running Escort Service In Delhi Arrested
    A 62-year-old man, suspected to be running a high-profile escort service in the capital's upscale Safdarjung Enclave area, was arrested on Thursday on charges of exploitation of a trafficked person.

    62 Year-old Man Suspected To Be Running Escort Service In Delhi Arrested

    AAP MP Bhagwant Mann Posts Video Of His Crossing Parliament Security Barricades On Social Media

    AAP MP Bhagwant Mann Posts Video Of His Crossing Parliament Security Barricades On Social Media
    Aam Aadmi Party MP Bhagwant Mann on Thursday shot a video clip of his journey from home to Parliament House, including going past the various security pickets, and uploaded it on the social media, drawing flak

    AAP MP Bhagwant Mann Posts Video Of His Crossing Parliament Security Barricades On Social Media

    AAP Activist, Who Accused Party Colleague Of Molesting Her, Commits Suicide

    AAP Activist, Who Accused Party Colleague Of Molesting Her, Commits Suicide
    A woman activist of the Aam Aadmi Party (AAP) in Delhi, who had accused her party colleague of sexually harassing her, committed suicide on Tuesday.

    AAP Activist, Who Accused Party Colleague Of Molesting Her, Commits Suicide