Sunday, December 21, 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

    Indian-Americans Say Democratic VP Pick Tim Kaine Is A Friend Of India

    Indian-Americans Say Democratic VP Pick Tim Kaine Is A Friend Of India
    Senator Tim Kaine is a strong advocate of the Indo-US relationship and a great friend of India, leading Indian-Americans have said after he was chosen by Democratic presidential nominee Hillary Clinton to be her running mate.

    Indian-Americans Say Democratic VP Pick Tim Kaine Is A Friend Of India

    Car Crashes Into Hindu Temple In Bangkok; 6 Injured

    Car Crashes Into Hindu Temple In Bangkok; 6 Injured
    "The driver had an acute stroke while on the wheel and lost control of herself," acting Bangkok police chief Pol Lt Gen Sanit Mahataworn said.

    Car Crashes Into Hindu Temple In Bangkok; 6 Injured

    AAP Is Now A Shelter For Comedians With No Ideology, Says BJP

    AAP Is Now A Shelter For Comedians With No Ideology, Says BJP
    AAP leader Bhagwant Mann uploaded a video on social media showing Parliament premises and internal security positions

    AAP Is Now A Shelter For Comedians With No Ideology, Says BJP

    Sulabh International Founder Asks NRIs To Invest In Toilets In India

    Sulabh International Founder Asks NRIs To Invest In Toilets In India
    An individual toilet costs approximately $500, which means six toilets would cost a total of $3,000 (Rs. 2 lakh) a cost that could be spread over a period of three years.

    Sulabh International Founder Asks NRIs To Invest In Toilets In India

    India Likely To Approach Britain On Bringing Back Kohinoor

    India Likely To Approach Britain On Bringing Back Kohinoor
    The government is likely to approach Britain soon to get back the famed Kohinoor, one of the world's largest diamonds, which is currently set in a royal crown on display in the Tower of London.

    India Likely To Approach Britain On Bringing Back Kohinoor

    UK News Reporter In Hijab Files Complaint Over Discrimination

    UK News Reporter In Hijab Files Complaint Over Discrimination
    A Muslim television reporter for a British news channel today filed a complaint against a columnist for Rupert Murdoch's 'Sun' newspaper who singled her out for wearing hijab while reporting on the recent terror attack at Nice in France.

    UK News Reporter In Hijab Files Complaint Over Discrimination