Azim Premji, Shiv Nadar on Forbes list of richest tech tycoons

The big apple: Wipro Chairman Azim Premji and HCL co-founder Shiv Nadar are the one two billionaires from India in Forbes’ list of the arena’s 100 richest persons in science, ranking within the top 20 forward of Google boss Eric Schmidt and Uber CEO Travis Kalanick.

The ‘100 Richest Tech Billionaires in the world 2016′ record has been topped with the aid of Microsoft founder invoice Gates with an estimated fortune of $seventy eight billion.

Premji ranks thirteenth on the record with a internet worth of $sixteen billion and Nadar comes in on the 17th spot with $11.6 billion of net valued at.

The opposite Indian-American science czars in the record are Symphony science crew CEO Romesh Wadhwani and founders of IT consulting and outsourcing manufacturer Syntel Bharat Desai and his spouse Neerja Sethi.

Forbes said Premji, who heads India’s third-largest outsourcer, Wipro has been on a shopping spree up to now yr to lift development.

Premji’s son Rishad, who heads process and sits on the board, additionally oversees Wipro’s $one hundred million venture capital fund.

Nadar co-centered HCL, which is reportedly mulling a US listing, Forbes said adding that Nadar also owns HCL TalentCare, a capabilities-development corporation that provides coaching to new graduates. His ultra-modern enterprise is a $500 million fund to put money into startups and US healthcare tech corporations.

Wadhwani comes in on the 67th position with a $three billion net worth. A recipient of the 2013 Forbes India Non-Resident Philanthropist Award, Wadhwani introduced in 2015 that he plans to commit as much as $1 billion to fund entrepreneurship initiatives in India.

Forbes mentioned despite a tumultuous yr for the stock market, “it was once a just right time to be a tech billionaire”.

The titans on Forbes’ 2d annual record of the sector’s richest in technological know-how are worth a combined $892 billion, six per cent greater than a year in the past. Simply over half of of the one hundred richest in tech are from the USA, together with eight of the top 10 richest on the record.

China has the second absolute best number of tech tycoons, with 19 people valued at a combined $132.7 billion.

The richest chinese member is Alibaba founder Jack Ma, who’s on the 8th spot and has an estimated web valued at of $25.Eight billion.

Canada has 5 tech billionaires and Germany has 4.

Forbes said the 2nd richest individual in tech Amazon Founder and CEO Jeff Bezos can be the biggest gainer on the record this 12 months and has an estimated $sixty six.2 billion fortune, an develop of $18.Four billion considering this list was once released last year. That places him forward of Oracle chairman Larry Ellison, who is available in on the 4th spot.

Ellison was once additionally crushed via facebook Founder and CEO Mark Zuckerberg, who climbed from fourth to third situation because of a 30 percent leap in the price of facebook’s stock; he is now also California’s richest individual, an extra title that previously belonged to Ellison.

There are most effective 5 ladies rank among the world’s 100 richest in tech, together with Zhou Qunfei on the thirty third spot. She became a billionaire in 2015 after Lens science’s IPO, and has a net valued at of $6.4 billion.

America’s richest self-made girl in tech is wellbeing care program corporation Epic systems founder and CEO Judy Faulkner, who has a internet worth of $2.7 billion and is ranked 79th.

The only other American girl on the record is Hewlett-Packard corporation CEO Meg Whitman, who has a internet worth of $2.2 billion. She ranks 93rd.

These a hundred billionaires have an normal age of fifty three, a decade more youthful than the normal age of the complete 2016 Forbes Billionaires list.