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

    Man Allegedly Hammers Wife To Death, Then Kills Himself In Mumbai

    Man Allegedly Hammers Wife To Death, Then Kills Himself In Mumbai
    A 40-year-old man allegedly killed his wife with a hammer before committing suicide at their residence in suburban Powai, said police.

    Man Allegedly Hammers Wife To Death, Then Kills Himself In Mumbai

    Vijay Mallya's Personal Jet On Auction, Only Bidder Offers Rs. 1 Crore

    Vijay Mallya's Personal Jet On Auction, Only Bidder Offers Rs. 1 Crore
    Liquor baron Vijay Mallya's personal jet went up for auction for a second time today, in an attempt to recover over Rs. 9,000 crore that Mr Mallya owes banks in loan defaults for his now defunct Kingfisher Airlines.

    Vijay Mallya's Personal Jet On Auction, Only Bidder Offers Rs. 1 Crore

    Tejas, India's Indigenous Stealth Fighter, Inducted After 33-Year Delay

    Tejas, India's Indigenous Stealth Fighter, Inducted After 33-Year Delay
    The Indian Air Force (IAF) on Friday inducted indigenously-built Light Combat Aircraft (LCA) Tejas that boosts its weakening operational capability, 33 years after the project to develop the multi-role stealth fighter was cleared.

    Tejas, India's Indigenous Stealth Fighter, Inducted After 33-Year Delay

    Modi To Embark On Four-Nation African Tour

    Modi To Embark On Four-Nation African Tour
    Prime Minister Narendra Modi will embark on a four-nation tour of Africa from July 7, it was announced on Friday.

    Modi To Embark On Four-Nation African Tour

    Canadian Olympians, past and present, attend RIO 2016 Olympic Games Event at OMEGA Vancouver Boutiqu

    Canadian Olympians, past and present, attend RIO 2016 Olympic Games Event at OMEGA Vancouver Boutiqu
      OMEGA president and CEO Raynald Aeschlimann said that his brand was privileged to be associated with such prominent and inspiring Olympic Games athletes.

    Canadian Olympians, past and present, attend RIO 2016 Olympic Games Event at OMEGA Vancouver Boutiqu

    Contact lenses help fit into social circle, feel 60% Indian youth: Survey

    Contact lenses help fit into social circle, feel 60% Indian youth: Survey
    The top motivations to use contact lenses, stated by the respondents include – the need to stand out from the crowd (62%), taking charge of life (53%) and achieving a fashionable look (51%), indicating a strong link between contact lenses and self-confidence.

    Contact lenses help fit into social circle, feel 60% Indian youth: Survey