Current Affairs PDF

Forbes Richest American List – Five Indians featured in the List

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Five Indian-Americans are among the 400 richest people in the US, according to a Forbes list. This list is topped by Microsoft’s co-founder Bill Gates for the 23rd year in a row.

The Top 10 List :

1Bill Gates$81BMicrosoft
2Jeff Bezos$67
3Warren Buffett$65.5 BBerkshire Hathaway
4Mark Zuckerberg$55.5 BFacebook
5Larry Ellison$49.3 BOracle
6Michael Bloomberg$45 BBloomberg LP
7Charles Koch$42 BDiversified
7David Koch$42 BDiversified
9Larry Page$38.5 BGoogle
10Sergey Brin$37.5 BGoogle

About the 5 Indians :Forbes - Richest Person in US

  1. Symphony Technology founder Romesh Wadhwani,
  2. Co-founders of outsourcing firm Syntel Bharat & Neerja Desai,
  3. Airline veteran Rakesh Gangwal,
  4. Entrepreneur John Kapoor and
  5. Silicon Valley angel investor Kavitark Ram Shriram

Have featured in Forbes’ ‘The Richest People In America 2016’ list :

  • The IIT-Mumbai and Carnegie Mellon alumnus is the chairman and CEO of Symphony Technology Group, an empire of 17 data, technology, health care and analytics companies that together take in more than $2.8 billion in annual revenue. Last year, Wadhwani announced that he planned to commit up to $1 billion to fund entrepreneurship initiatives in India.
  • Gangwal is ranked 321 on the list with a net worth of $2.2 billion. The 63-year oldIITalumnus is an airline veteran who made his fortune from Inter Globe Aviation, the parent company of his budget airline IndiGo, India’s largest by market share.
  • Kapoor ranks 335 on the list and has a net worth of $2.1 billion. The 73-year-old is the chairman of two drug outfits – Akorn, which specialises in “difficult-to-manufacture” prescription drugs, and Insys Therapeutics, which produces an opioid for cancer patients.
  • Shriram ranks 361 on the list and has a net worth of $1.9 billion. An early Google backer, Shriram, 59, has sold off most of his stock but remains on the board of its parent company, Alphabet. Since 2000, Shriram has been investing in young technology start-ups through his firm, Sherpalo Ventures.