Close X
Tuesday, September 24, 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

    Canadian Diplomat's Teen Son Set To Seek Bail In Florida Double-Murder Case

    Marc Wabafiyebazu has pleaded not guilty to felony first-degree murder and other charges in a drug-related shootout in March that left his 17-year-old brother Jean Wabafiyebazu dead.

    Canadian Diplomat's Teen Son Set To Seek Bail In Florida Double-Murder Case

    Japan-Canada Trade Talks Stalled With No Meetings In Sight

    OTTAWA — Trade talks have stalled between Canada and Japan — one of the Harper government's priority countries for a breakthrough — because the Asian country has lost interest, The Canadian Press has learned.

    Japan-Canada Trade Talks Stalled With No Meetings In Sight

    'A Beautiful Mind' Mathematician John Nash, Wife Killed In New Jersey Taxi Crash

    'A Beautiful Mind' Mathematician John Nash, Wife Killed In New Jersey Taxi Crash
    According to reports, the driver of the cab in which Nash and his 82-year-old wife Alicia were travelling on Saturday lost control of the vehicle on the New Jersey Turnpike while trying to pass another car and crashed into a guard rail

    'A Beautiful Mind' Mathematician John Nash, Wife Killed In New Jersey Taxi Crash

    11-Year-Old Indian-American Boy Graduates With Three Degrees

    11-Year-Old Indian-American Boy Graduates With Three Degrees
    Tanishq Abraham is now the youngest person to graduate  with three associate degrees in math, science and foreign language studies from American River College in Sacramento, California

    11-Year-Old Indian-American Boy Graduates With Three Degrees

    Two Canadians Killed In Mexican Boating Accident: Media Reports

    Two Canadians Killed In Mexican Boating Accident: Media Reports
    Two Mexican media outlets are reporting the Canadians were on board a sailboat that ran into strong winds earlier this week on Lake Chapala near Guadalajara.

    Two Canadians Killed In Mexican Boating Accident: Media Reports

    Self-Proclaimed Hindu Hater Erika Menendez Jailed For 24 Years For Bias Killing Of Sunnando Sen

    Self-Proclaimed Hindu Hater Erika Menendez Jailed For 24 Years For Bias Killing Of Sunnando Sen
    A New York woman who said she hates Hindus and killed a Hindu man by pushing him under a metro train has been sentenced to 24 years in prison, a local has prosecutor announced.

    Self-Proclaimed Hindu Hater Erika Menendez Jailed For 24 Years For Bias Killing Of Sunnando Sen