Sunday, February 1, 2026
ADVT 
International

5 Richest Indian-Americans Who Made It Onto The Forbes Rich List And How They Did It

Darpan News Desk IANS, 11 Oct, 2016 10:45 AM
    Five Indian-Americans figure among America's 400 richest people, in a list again headed by Microsoft co-founder Bill Gates, according to the survey by Forbes magazine.
     
    Symphony Technology founder Romesh Wadhwani, co-founders of outsourcing firm Syntel Bharat, Syntel's Neerja Desai, airline veteran Rakesh Gangwal, entrepreneur John Kapoor and Silicon Valley angel investor Kavitark Ram Shriram figure in Forbes' 'The Richest People In America 2016' list.
     
    Gates tops the list for the 23rd year, now with a net worth of $81 billion.
     
     
    Wadhwani has been ranked 222nd on the list with a net worth of $3 billion.
     
    Educated at IIT-Mumbai, he is the chairman of Symphony Technology Group, an empire of 17 data, technology, healthcare and analytics companies that together earn more than $2.8 billion in annual revenue, Forbes said.
     
    The Desais rank 274th on the list with a net worth of $2.5 billion. Started in 1980, their firm Syntel generates over $950 million in revenue and has nearly 24,000 employees across the globe, Forbes said.
     
     
    Gangwal is ranked 321 on the list with a net worth of $2.2 billion. He is an aviation entrepreneur, who co-founded InterGlobe Aviation, which operates budget airline IndiGo, that is India's largest by market share. 
     
    US resident Gangwal owns more than 40 per cent of the company and currently serves as a board member, Forbes said.
     
     
    Kapoor, who ranks 335 on the list with a net worth of $2.1 billion, is the chairman of two drug companies - Akorn, which specializes in "difficult-to-manufacture" prescription drugs and Insys Therapeutics, which produces an opioid for cancer patients, Forbes added. 
     
    Shriram ranks 361 on the list with a net worth of $1.9 billion.
     
     
    According to Forbes, Shriram, who was one of Google's early backers, has sold of most of his stock but remains on the board of its parent company, Alphabet. Since 2000, he has been investing in young technology startups through his firm, Sherpalo Ventures.
     
     
    Sriram's portfolio includes online card and invitation service Paperless Post, web and mobile app testing service Optimizely, and mobile advertising company Inmobi.

    MORE International ARTICLES

    Indian-Origin Woman Sonita Nijhawan Killed In Axe Attack In Surrey, UK

    Indian-Origin Woman Sonita Nijhawan Killed In Axe Attack In Surrey, UK
      Ms Sonita Nijhawan was discovered in a pool of blood in her family estate in Surrey, south England, in May this year. Her husband Sanjay Nijhawan is accused of killing her with as many as 124 blows from an axe.

    Indian-Origin Woman Sonita Nijhawan Killed In Axe Attack In Surrey, UK

    Child Care Projects make a positive impact, one goal at a time

    Child Care Projects make a positive impact, one goal at a time
    Projects Abroad makes progress on literacy efforts through detailed Care Management Plans

    Child Care Projects make a positive impact, one goal at a time

    Some British Indian Men Consider Their Wives As 'Disposable Women': Report

    Some British Indian men are among a broader South Asian group in the UK who are guilty of mistreating and abandoning their wives in their countries of origin, a new report by a UK University has found.

    Some British Indian Men Consider Their Wives As 'Disposable Women': Report

    2 Indians Charged With Visa Fraud In New Jersey

    2 Indians Charged With Visa Fraud In New Jersey
      Harpreet Sachdeva, 26, and Sanjeev Sukhija, 35, currently on a foreign worker visas and living in New Jersey have been charged with one count of conspiracy to commit visa fraud.

    2 Indians Charged With Visa Fraud In New Jersey

    Will China Again Block Masood Azhar's Terror Listing? It Has Days To Decide

    Will China Again Block Masood Azhar's Terror Listing? It Has Days To Decide
    In March this year, China - a permanent member of the UN Security Council - had blocked an application moved by India and co-sponsored by United States, United Kingdom and France to place sanctions on the JeM chief.

    Will China Again Block Masood Azhar's Terror Listing? It Has Days To Decide

    India to boycott Saarc Summit in Islamabad, Pakistan says 'unfortunate'

    India to boycott Saarc Summit in Islamabad, Pakistan says 'unfortunate'
    India on Tuesday announced it will not attend the Saarc Summit in Islamabad in November, saying that regional cooperation and terror don't go together.

    India to boycott Saarc Summit in Islamabad, Pakistan says 'unfortunate'