Tuesday, December 23, 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

    London Mayor Sadiq Khan Demands More Autonomy After Brexit Vote

    London Mayor Sadiq Khan Demands More Autonomy After Brexit Vote
    London mayor Sadiq Khan on Tuesday called for the city to be given more autonomy to allow it to ride out the economic uncertainty unleashed by Britain's vote to leave the European Union.

    London Mayor Sadiq Khan Demands More Autonomy After Brexit Vote

    English May Be Dropped By European Union After Brexit

    English has been the top choice for European Union (EU) institutions but Britain's vote to leave the union last week could trigger a ban on its use.

    English May Be Dropped By European Union After Brexit

    Pakistan Cannot Conquer Kashmir Through War: Hina Rabbani Khar

    Pakistan Cannot Conquer Kashmir Through War: Hina Rabbani Khar
    Pakistan cannot "conquer Kashmir through war" and Islamabad can progress on the issue only in an environment of mutual trust with New Delhi, former Foreign Minister Hina Rabbani Khar has said.

    Pakistan Cannot Conquer Kashmir Through War: Hina Rabbani Khar

    Al-Qaeda Wanted To Swap Pak PM's Kidnapped Son For Ayman Al-Zawahiri's Women

    Al-Qaeda Wanted To Swap Pak PM's Kidnapped Son For Ayman Al-Zawahiri's Women
    Ali, who was kidnapped by six militants from Multan after an election rally in May 9, 2013, said he was first taken to the industrial town of Faisalabad where kidnappers kept him for two months before shifting him to North Waziristan.

    Al-Qaeda Wanted To Swap Pak PM's Kidnapped Son For Ayman Al-Zawahiri's Women

    Canadian Academic Homa Hoodfa Jailed In Iran For Dabbling In Feminism, Security

    Canadian Academic Homa Hoodfa Jailed In Iran For Dabbling In Feminism, Security
    Homa Hoodfar's niece, Amanda Ghahremani, said the Tehran public prosecutor made a statement to Iranian media on the case on Friday.

    Canadian Academic Homa Hoodfa Jailed In Iran For Dabbling In Feminism, Security

    Pakistan: Christian Woman Stripped Naked, Assaulted By Four Men

    Pakistan: Christian Woman Stripped Naked, Assaulted By Four Men
    28-year-old Christian woman in Pakistan was allegedly stripped naked and assaulted by four men who barged into her house after her brother eloped with a married Muslim woman

    Pakistan: Christian Woman Stripped Naked, Assaulted By Four Men