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

    Bugti A Terrorist, Don't Give Him Asylum: Musharraf

    General (retd) Musharraf's remarks came amid reports that Bugti has formally sought political asylum in India, and New Delhi is willing to grant it. 

    Bugti A Terrorist, Don't Give Him Asylum: Musharraf

    Desi Flavour In Australian Elections: 3 Punjabis In Election Fray In Melbourne

    Desi Flavour In Australian Elections: 3 Punjabis In Election Fray In Melbourne
    Victoria state's local government election got a "Desi" flavour with three Punjabi Australians entering the fray in Whittlesea, an extension of Melbourne.

    Desi Flavour In Australian Elections: 3 Punjabis In Election Fray In Melbourne

    $4.2 Million Payout After Man With Sore Throat Dies At Clinic

    $4.2 Million Payout After Man With Sore Throat Dies At Clinic
    Antonio Marrero, 32, went to the emergency room of Waianae Coast Comprehensive Health Center, where an emergency room doctor determined he had an abscess in his tonsils and arranged for him to see an ear, nose and throat specialist

    $4.2 Million Payout After Man With Sore Throat Dies At Clinic

    Prince Charles Crashes His Car With A Deer On Queen's Estate

    The 67-year-old heir to the throne was unhurt in the Balmoral estate incident, which took place in recent days, 'Daily Mirror' reported.

    Prince Charles Crashes His Car With A Deer On Queen's Estate

    Indian-American Physician To Receive US National Humanities Medal

    Indian-American Physician To Receive US National Humanities Medal
    US President Barack Obama would confer the honour upon Mr Verghese, along with 11 others, and the recipients of 2015 National Medal of Arts at ceremony on September 21.

    Indian-American Physician To Receive US National Humanities Medal

    Donald Trump's Investments In India To Impact US Foreign Policy

    Donald Trump's Investments In India To Impact US Foreign Policy
    Donald Trump's investments in real estate overseas, including in Indian cities of Pune and Gurgaon, could have implications on America's foreign policy if the Republican presidential nominee wins the elections and occupies the White House next January,

    Donald Trump's Investments In India To Impact US Foreign Policy