Forbes billionaires list includes 10 Indian Americans


Forbes released their recent list of The World’s Billionaires on March 6, which features 10 Indian Americans.

The richest one on the list is Rakesh Gangwal, the co-founder of the airline Indigo and is worth $3.3 billion, after he made an extra $1.2 billion in the past year.

The second richest is Romesh T. Wadhwani, an IT entrepreneur and philanthropist with a net worth of $3.1 billion, who ended up topping the list last year.

Forbes recent list has a record of 2,208 members including two new Indian Americans, Niraj Shah who is worth $1.6 billion and Jayshree Ullal who is worth $1.3 billion.

Shah is the CEO and co-founder of Wayfair while Ullal is the CEO of Arista Networks.

Other Indian American billionaires who are on the list include Vinod Khosla ($2.3 billion), Google investor Kavitark Ram Shriram ($2.1 billion), Vista Equity Partners cofounder Brian Sheth ($2 billion), pharmaceutical executive John Kapoor ($1.8 billion), software executive and investor Aneel Bhusri ($1.6 billion) and Syntel co-founder Bharat Desai ($1.1 billion).

Sheth is the youngest Indian American billionaire on the list whose wealth went up by $900 million, while Khosla’s net worth increased by $700 million.

The combined net worth of Indian American billionaires is $20.2 billion and the richest Indian American of all is Shahid Khan, the owner of the Jacksonville Jaguars, with net worth of $7.2 billion.

Top 10 Indian American Billionaires
Rank on Forbes ListNameAgeNet Worth
703Rakesh Gangwal64$3.3 B
766Romesh T. Wadhwani70$3.1 B
1070Vinod Khosla63$2.3 B
1157Kavitark Ram Shriram61$2.1 B
1215Brian Sheth42$2 B
1339John Kapoor74$1.8 B
1477Niraj Shah44$1.6 B
1477Aneel Bhusri52$1.6 B
1756Jayshree Ullal56$1.3 B
1999Bharat Desai65$1.1 B
Source: Forbes




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