Headlines
Premji, Nadar in top 20 in Forbes' tech billionaires list
New Delhi, Aug 11 Technology tycoons - Wipro Chairman Azim Premji and HCL co-founder Shiv Nadar - ranked in the top 20 in the Forbes list of 100 richest tech billionaires.
According to the "100 Richest Tech Billionaires In The World 2016" list, Premji ranked 13th with a net worth of $16 billion while Nadar was at the 17th spot with $11.6 billion of net worth.
Premji and Nadar are placed ahead of Google chief Eric Schmidt and Uber CEO Travis Kalanick.
India has more tech billionaires than Brazil, Russia, Singapore and the UK. The Indian number equals tech billionaires in Israel, Taiwan and Australia.
Thirtythree are from Asia, with China on top with 19 members. The US topped the global list with 51 members, followed by China.
According to the list, 51 American tech founders and investors account for nearly two-thirds of the group's total wealth.
The titans have, approximately, worth a combined $892 billion, 6 percent more than a year ago. The minimum net worth is now $2.2 billion, up from $2 billion a year ago, Forbes said.
With a $78 billion estimated fortune, Microsoft founder Bill Gates is again the richest billionaire in tech, followed by Amazon founder and CEO Jeff Bezos ($66.2 billion). Facebook founder and CEO Mark Zuckerberg is ranked third.
Compared to last year, 53 of the top 100 became richer while 27 got poorer.
There were 12 newcomers. The top five billionaires collectively added $36.9 billion to their fortunes over the past year, accounting for two-thirds of all gains.
Two Indian-American technology tycoons - Symphony Technology Group CEO Romesh Wadhwani and founders of IT consulting and outsourcing company Syntel Bharat Desai and his wife Neerja Sethi - secured their spot in the list.
1 hour ago
Veteran Kannada actor Anant Nag to receive Dadasaheb Phalke Award, thanks PM Modi for heartfelt wishes
2 hours ago
EU invites Canada to become bloc's first 'associate member'
2 hours ago
Sara Ali Khan soaks in Switzerland’s beauty with mom Amrita Singh, shares scenic glimpses
2 hours ago
Any policy planned to address 'addiction-causing' social media architecture, Delhi HC asks Centre
2 hours ago
Kerala Assembly Speaker showcases parliamentary practices at Commonwealth meet in South Africa
7 hours ago
CM Satheesan floats plan to shift Thiruvananthapuram Zoo to forested surroundings in Neyyar
7 hours ago
India, US agree to strengthen energy security partnership
8 hours ago
‘Bhagya Lakshmi actor Mohit Malhotra on Ganesh Chaturthi: For me, Bappa represents the ability to begin again
8 hours ago
Raveena Tandon: Apart from Lolo and me, don’t think anyone else pairs up with Govinda as brilliantly
8 hours ago
Kapil Sharma on season 5 of ‘The Kapil Sharma Show’: ‘We will be celebrating the upcoming festivities wholeheartedly’
8 hours ago
Rasika Dugal recalls how ‘Manto’ helped take her career out of a slump
8 hours ago
Rashami Desai on ‘Sayoneee’: Wasn’t looking for a comeback on television; was looking for a purpose
8 hours ago
Lindsay Lohan’s hair turns pink while swimming in sea
