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

    Pune 'Gold Man' Beaten To Death By Son's Friends Over Rs. 1.5 Lakh, Say Police

    Pune 'Gold Man' Beaten To Death By Son's Friends Over Rs. 1.5 Lakh, Say Police
    Investigators said Pune's multi-millionaire Datta Phuge was killed by his son's friends to recover Rs. 1.5 lakh he owed them.

    Pune 'Gold Man' Beaten To Death By Son's Friends Over Rs. 1.5 Lakh, Say Police

    H-1B Visas No Longer A Showstopper

    H-1B Visas No Longer A Showstopper
    IT industry body Nasscom on Friday dispelled fears about the possible damaging prospects of the new US immigration Bill which proposes to restrict issuance of H-1B visas to Indian companies.

    H-1B Visas No Longer A Showstopper

    Teenage Girl Allegedly Commits Suicide Over Poor Score In Delhi

    Teenage Girl Allegedly Commits Suicide Over Poor Score In Delhi
    A teenage girl allegedly committed suicide at her residence in southwest Delhi's Prem Nagar locality over poor score in her class XI exams on Thursday.

    Teenage Girl Allegedly Commits Suicide Over Poor Score In Delhi

    Tourists Flee Kashmir But Many Vow To Return

    On Saturday, the ninth day of unrest in the valley following the killing of militant commander Burhan Wani, the otherwise busy markets and roads in the Dal Lake area were devoid of people.

    Tourists Flee Kashmir But Many Vow To Return

    Spare Me: Kashmir IAS Topper Shah Faesal Threatens To Resign

    Spare Me: Kashmir IAS Topper Shah Faesal Threatens To Resign
    The angry reaction from the Director (School Education) came after some TV channels, during their primetime shows on the ongoing Kashmir unrest, aired Faesal's pictures alongside Wani's bullet-ridden body.

    Spare Me: Kashmir IAS Topper Shah Faesal Threatens To Resign

    Kashmir Government Makes Secret Contact With Separatists

    Kashmir Government Makes Secret Contact With Separatists
    They said emissaries were sent to Syed Ali Shah Geelani and Mirwaiz Umar Farooq - chairmen of the respective hardline and moderate factions of the divided separatist conglomerate Hurriyat Conference.

    Kashmir Government Makes Secret Contact With Separatists