America
Azim Premji, Shiv Nadar among world's tech billionaires
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By Arun Kumar Washington, Aug 12
Two Indian tech tycoons,
Wipro chairman Azim Premji and HCL co-founder Shiv Nadar are in the
Forbes' first ever list of the 100 richest people in the technology
field, dominated by Americans with Microsoft founder Bill Gates at the
top.
Two Indian-Americans tech czars, Romesh Wadhwani, CEO and
chairman of Symphony Technology Group, and Bharat Desai, co-founder of
IT consulting and outsourcing company Syntel also figure on the list
released last week.
Premji, 70, with a net worth of $17.4
billion is ranked 13th on the list followed by Shiv Nadar, 70, in the
14th spot with $14.4 billion.
Wadhwani, 67, is ranked 73rd with a net worth of $2.8 billion while Desai, 62, with $2.5 billion is in the 82nd spot.
Premji's
Wipro, India's third-largest outsourcer, reported a 10 percent rise in
revenues to $1.9 billion in the last quarter, on the back of new
business from clients such as ABB and Philip Morris, the magazine noted.
Nadar,
Forbes noted, has diversified into healthcare with HCL Avitas, a new
firm in partnership with John Hopkins Medicine International, which has
opened 10 clinics in Delhi.
Wadhwani has a degree in electrical
engineering from the Indian Institute of Technology and a PhD from
Carnegie Mellon. His Symphony Technology Group is a collection of 20
companies spanning big data, analytics and software.
Syntel,
co-founded by Desai and his wife Neerja Sethi, now generates over $900
million in revenue, has a market cap of over $3 billion and more than
24,500 employees across the globe.
While 51 American billionaires
are on the list, tech barons from Asia made a strong showing as well,
with 33 people hailing from that region. Forty of the 100 live in
California.
Bill Gates, who's also the world's richest man, ranks number one among tech tycoons, with a net worth of $79.6 billion.
Number two on the list is Larry Ellison, founder of database software firm Oracle, with a net worth estimated at $50 billion.
The
third richest on the list is Jeff Bezos with a net worth of $47.8
billion followed by Facebook founder Mark Zuckerberg in the fourth place
with $41.2 billion.
Google co-founders Larry Page and Sergey Brin are ranked fifth and sixth respectively.
Altogether, the world's 100 richest tech billionaires are worth $842.9 billion.
Just
seven women made the list, the wealthiest of whom is Laurene Powell
Jobs, the widow of Steve Jobs, with an estimated net worth of $21.4
billion.
Nearly all of the 100 are self-made billionaires: 94
made their own luck, 3 inherited their fortunes, and 3 have inherited
fortunes but have been actively expanding them.
(Arun Kumar can be contacted at [email protected])