Close X
Thursday, November 28, 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

    3 Indian-Americans Show Their Innovations To Obama

    3 Indian-Americans Show Their Innovations To Obama
    President Barack Obama celebrated his birthday in an unusual way by hosting the first-ever White House Demo Day where innovators from around the country, including three Indian-Americans, 'demoed' their individual stories.

    3 Indian-Americans Show Their Innovations To Obama

    Indian-origin Rugby Coach Rahul Das Is Personality Of The Year In New Zealand

    Indian-origin Rugby Coach Rahul Das Is Personality Of The Year In New Zealand
    Rahul Das, who was born in Auckland and is of Fijian Indian descent, was honoured at the Dunedin club rugby awards held earlier this week

    Indian-origin Rugby Coach Rahul Das Is Personality Of The Year In New Zealand

    Bobby Jindal Fails To Make The Cut For First Debate

    Bobby Jindal failed to make the cut for Fox News' prime-time first Republican presidential debate on Thursday with celebrity real estate mogul leading the ten top polling candidates.

    Bobby Jindal Fails To Make The Cut For First Debate

    Canadian-Born Arnold Scassi, Designer To Stars And Presidential Wives, Dead At 85

    Canadian-Born Arnold Scassi, Designer To Stars And Presidential Wives, Dead At 85
    NEW YORK — Canadian designer Arnold Scaasi, whose flamboyant creations adorned the likes of Laura Bush, Elizabeth Taylor and Barbra Streisand, has died. The Montreal-born designer was 85.

    Canadian-Born Arnold Scassi, Designer To Stars And Presidential Wives, Dead At 85

    That Old Daredevil 'Joey' Biden Weighs Ultimate Crazy Challenge: White House Run

    WASHINGTON — The daredevil feats of little Joey Biden left the other neighbourhood kids in droopy-jawed disbelief.

    That Old Daredevil 'Joey' Biden Weighs Ultimate Crazy Challenge: White House Run

    Indian-Origin Scientists Develop New Super-Thin Material

    Indian-Origin Scientists Develop New Super-Thin Material
    Indian-origin scientists Swastik Kar and Srinivas Sridhar have developed a new super-thin light-weight material with potential applications in a range of tools that we use everyday -- from cameras to computers, says a new study.

    Indian-Origin Scientists Develop New Super-Thin Material