Close X
Monday, November 25, 2024
ADVT 
International

Azim Premji, Shiv Nadar Among World's Tech Billionaires

IANS, 12 Aug, 2015 11:55 AM
    Two Indian tech tycoons, Wipro chairman Azim Premji and HCL co-founder Shiv Nadar are in the Forbes' first ever list of the 100 richest people in the technology field, dominated by Americans with Microsoft founder Bill Gates at the top.
     
    Two Indian-Americans tech czars, Romesh Wadhwani, CEO and chairman of Symphony Technology Group, and Bharat Desai, co-founder of IT consulting and outsourcing company Syntel also figure on the list released last week.
     
    Premji, 70, with a net worth of $17.4 billion is ranked 13th on the list followed by Shiv Nadar, 70, in the 14th spot with $14.4 billion.
     
    Wadhwani, 67, is ranked 73rd with a net worth of $2.8 billion while Desai, 62, with $2.5 billion is in the 82nd spot.
     
    Premji's Wipro, India's third-largest outsourcer, reported a 10 percent rise in revenues to $1.9 billion in the last quarter, on the back of new business from clients such as ABB and Philip Morris, the magazine noted.
     
    Nadar, Forbes noted, has diversified into healthcare with HCL Avitas, a new firm in partnership with John Hopkins Medicine International, which has opened 10 clinics in Delhi.
     
    Wadhwani has a degree in electrical engineering from the Indian Institute of Technology and a PhD from Carnegie Mellon. His Symphony Technology Group is a collection of 20 companies spanning big data, analytics and software.
     
    Syntel, co-founded by Desai and his wife Neerja Sethi, now generates over $900 million in revenue, has a market cap of over $3 billion and more than 24,500 employees across the globe.
     
     
    While 51 American billionaires are on the list, tech barons from Asia made a strong showing as well, with 33 people hailing from that region. Forty of the 100 live in California.
     
    Bill Gates, who's also the world's richest man, ranks number one among tech tycoons, with a net worth of $79.6 billion.
     
    Number two on the list is Larry Ellison, founder of database software firm Oracle, with a net worth estimated at $50 billion.
     
    The third richest on the list is Jeff Bezos with a net worth of $47.8 billion followed by Facebook founder Mark Zuckerberg in the fourth place with $41.2 billion.
     
    Google co-founders Larry Page and Sergey Brin are ranked fifth and sixth respectively.
     
    Altogether, the world's 100 richest tech billionaires are worth $842.9 billion.
     
    Just seven women made the list, the wealthiest of whom is Laurene Powell Jobs, the widow of Steve Jobs, with an estimated net worth of $21.4 billion.
     
    Nearly all of the 100 are self-made billionaires: 94 made their own luck, 3 inherited their fortunes, and 3 have inherited fortunes but have been actively expanding them.

    MORE International ARTICLES

    Two Indian-Americans Accused Of Shoplifting In Tennessee

    Two Indian-Americans Accused Of Shoplifting In Tennessee
    Two Indian-American women have been accused of stealing razors from a store in Tennessee, a media report said.

    Two Indian-Americans Accused Of Shoplifting In Tennessee

    Indian American Pharmacist Suspended After Felony Convictions

    Indian American Pharmacist Suspended After Felony Convictions
    The Michigan department of licensing and regulatory affairs (LARA) suspended the license of Hiren Dasharathbhai Patel after he was convicted of health care fraud and conspiracy to distribute controlled substances

    Indian American Pharmacist Suspended After Felony Convictions

    Fourth Bangladeshi Blogger Hacked To Death

    Fourth Bangladeshi Blogger Hacked To Death
    A Bangladeshi blogger known for his secular views was hacked to death on Friday by assailants armed with machetes in capital Dhaka, the fourth one to be killed this year, the media reported.

    Fourth Bangladeshi Blogger Hacked To Death

    Indian-Origin Chef Ravi Kapoor's Restaurant Nominated For 'Bon Appetit Hot 10'

    Indian-Origin Chef Ravi Kapoor's Restaurant Nominated For 'Bon Appetit Hot 10'
    An Indian-origin chef's restaurant in San Francisco has been nominated for a coveted spot for 'Bon Appetit Hot 10' competition that felicitates the best new restaurants in the US, the media reported.

    Indian-Origin Chef Ravi Kapoor's Restaurant Nominated For 'Bon Appetit Hot 10'

    Indian-American Psychiatrist Held For Faking Credentials So That He Could Work In New Zealand

    Indian-American Psychiatrist Held For Faking Credentials So That He Could Work In New Zealand
    According to New Zealand police, Illinois-based psychiatrist Mohamed Shakeel Siddiqui used the credentials of another psychiatrist Mohammed Shafi Siddiqui.

    Indian-American Psychiatrist Held For Faking Credentials So That He Could Work In New Zealand

    Indian-Origin Restaurateur Fined £800 For Breaching Food Hygiene Standards In Britain

    Indian-Origin Restaurateur Fined £800 For Breaching Food Hygiene Standards In Britain
    An Indian-origin restaurateur in the Scottish city of Aberdeen, was fined for breaching food hygiene standards two years ago, a media report said.

    Indian-Origin Restaurateur Fined £800 For Breaching Food Hygiene Standards In Britain