Wednesday, December 17, 2025
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

    Nawaz Sharif's UN Speech Shows Pak Attachment to Terror, Says India

    Nawaz Sharif's UN Speech Shows Pak Attachment to Terror, Says India
    Extending his support to the "struggle of Kashmiri people", Pakistan Prime Minister Nawaz Sharif said that peace and normalcy cannot be achieved between India and Pakistan without resolving the Kashmir issue.

    Nawaz Sharif's UN Speech Shows Pak Attachment to Terror, Says India

    Spa Week: Your Path to Wellness Starts Here

    Spa Week: Your Path to Wellness Starts Here
    Spa Week's October 17th-23rd Event allows millions to experience the revitalizing and relaxing benefits of spa treatments for just $50

    Spa Week: Your Path to Wellness Starts Here

    Suit Seeks Class Action To Halt B.C.'s 15% Tax On Foreign Purchasers

    Suit Seeks Class Action To Halt B.C.'s 15% Tax On Foreign Purchasers
    VANCOUVER — A legal challenge of a British Columbia levy on foreign home buyers has been filed in Vancouver, seeking a class-action lawsuit on behalf of those forced to pay the 15 per cent tax.

    Suit Seeks Class Action To Halt B.C.'s 15% Tax On Foreign Purchasers

    Indian Bar Owner Harinder Bains Helped Catch New York Bombing Suspect Ahmad Khan Rahami

    Indian Bar Owner Harinder Bains Helped Catch New York Bombing Suspect Ahmad Khan Rahami
    Harinder Bains saw Rahami sleeping in the doorway of his bar in New Jersey around 9 am on Monday, a hoodie pulled over his head.

    Indian Bar Owner Harinder Bains Helped Catch New York Bombing Suspect Ahmad Khan Rahami

    Prevent Terrorists From Using Pak Territory As Safe Havens, John Kerry Tells Nawaz Sharif

    Prevent Terrorists From Using Pak Territory As Safe Havens, John Kerry Tells Nawaz Sharif
    US Secretary of State John Kerry has asked Pakistan Prime Minister Nawaz Sharif to prevent terrorists from "using Pakistani territory as safe havens". He expressed concern over the violence in Kashmir particularly the terror attack on an Army base in Uri.

    Prevent Terrorists From Using Pak Territory As Safe Havens, John Kerry Tells Nawaz Sharif

    World's Youngest Programmer Is Only 7, Aims To Be Next 'Bill Gates'

    World's Youngest Programmer Is Only 7, Aims To Be Next 'Bill Gates'
    Muhammad Hamza Shahzad, resident of Handsworth area in Birmingham has been trained by his father Asim, who works with an American IT firm.

    World's Youngest Programmer Is Only 7, Aims To Be Next 'Bill Gates'