Close X
Wednesday, September 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

    Marriages For Visas: Indian Couple Charged Over Visa Scam Involving Bogus Marriages In Australia

    Marriages For Visas: Indian Couple Charged Over Visa Scam Involving Bogus Marriages In Australia
    Chetan Mohanlal Mashru has been accused of 17 counts of arranging marriages for visas and 28 other charges, including influencing a Commonwealth public official

    Marriages For Visas: Indian Couple Charged Over Visa Scam Involving Bogus Marriages In Australia

    Cancellation Of Indian-origin Doctor's Practice Demanded In Australian

    Cancellation Of Indian-origin Doctor's Practice Demanded In Australian
    Australian authorities have demanded that the practice of an Indian-origin surgeon facing disciplinary action be cancelled in view of his "unprofessional conduct", a media report said on Monday.

    Cancellation Of Indian-origin Doctor's Practice Demanded In Australian

    Indian Expat Attacked In Doha Mall For Anti-Islam Facebook Post

    Indian Expat Attacked In Doha Mall For Anti-Islam Facebook Post
    The three-minute video shows the group attacking the young man, suspected of having posted comments on Facebook that offended Muslims, outside a shopping mall perhaps on May 8, Peninsula Qatar reported on Monday.

    Indian Expat Attacked In Doha Mall For Anti-Islam Facebook Post

    French Radio Station Founded For Immigrants Takes On New Role After Charlie Hebdo Attacks

    French Radio Station Founded For Immigrants Takes On New Role After Charlie Hebdo Attacks
    CHARENTON-LE-PONT, France — It's called "Beur FM" — after a slang term for Arab people — and has become the voice of France's Islamic community in the wake of the Charlie Hebdo attacks.

    French Radio Station Founded For Immigrants Takes On New Role After Charlie Hebdo Attacks

    X-Ray Scan At Spanish Border Reveals 8-Year-Old Migrant Boy Being Smuggled In A Suitcase

    X-Ray Scan At Spanish Border Reveals 8-Year-Old Migrant Boy Being Smuggled In A Suitcase
    An eight-year-old boy was hiding inside a suitcase when customs officials found him at the border between Morocco and Spain. 

    X-Ray Scan At Spanish Border Reveals 8-Year-Old Migrant Boy Being Smuggled In A Suitcase

    Norway, Philippines Envoys Among Seven Dead In Pakistan Chopper Crash

    Norway, Philippines Envoys Among Seven Dead In Pakistan Chopper Crash
    The ambassadors of the Philippines and Norway were among seven people killed on Friday in a chopper crash in Pakistan's Naltar valley near Gilgit.

    Norway, Philippines Envoys Among Seven Dead In Pakistan Chopper Crash