July 10, 2023
2 mins read

4 Indian-Americans appear on Forbes’ 2023 Richest Self-Made Women list

The overall list is topped by Diane Hendricks, 76, of ABC Supply with a wealth of $15 billion….reports Asian Lite News

Indian-Americans Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi feature in the ninth Forbes’ Richest Self-Made Women list of 2023.

The four have been named to the list of 100 most successful entrepreneurs, executives, and entertainers in the US with a cumulative wealth of record $124 billion, up nearly 12 per cent from a year ago.

Silicon Valley engineer and Cisco veteran Jayshree Ullal, 62, leads the Indian-American pack ranking at number 15 on the list with a net worth of $2.2 billion.

According to Forbes, Ullal joined the computer networking company Arista Networks as CEO in 2008 when the business had no sales.

The now publicly-traded company, which she still runs, recorded $4.4 billion in revenue in 2022, up 48 per cent from the prior year, despite component shortages and supply chain challenges.

Neerja Sethi, 68, ranks at number 25 with a net worth of $990 million.

She co-founded IT consulting and outsourcing firm Syntel with husband Bharat Desai in 1980 in their apartment in Troy, Michigan. In 2018, they sold it to French IT firm Atos SE for $3.4 billion.

Software engineer-turned-entrepreneur, Neha Narkhede, 38, announced her new company, fraud detection firm Oscilar, in March. She co-founded the business with her husband in 2021, funding it with $20 million and positions at number 50 on the list with a wealth of $520 million.

Ranking at number 77 with a net worth of $350 million is Indra Nooyi, the first woman of colour and immigrant to run PepsiCo, one of America’s 50 largest companies.

Nooyi retired as PepsiCo’s CEO in 2018 and as chair in 2019 after a dozen years in those roles.

Now a director of Amazon and health tech firm Philips, Nooyi joined scandal-plagued Deutsche Bank’s new Global Advisory Board last November.

“This list is a testament to the hard work and success of these women,” Kerry A. Dolan, Assistant Managing Editor, Wealth, at Forbes, said.

“We continue to see women breaking records and increasing their influence and power along with their fortunes, and each year new women in a variety of industries break into these ranks.”

The overall list is topped by Diane Hendricks, 76, of ABC Supply with a wealth of $15 billion.

ALSO READ: Iowa newspaper apologises to Indian Americans, Ramaswamy for ‘racist’ cartoon

Previous Story

World Bank backs Sikkim as part of NE initiatives

Next Story

‘Beban’ expands to Kingdom of Saudi Arabia

Latest from -Top News

New Zealand PM Due in India

During his visit, Luxon will hold talks with Prime Minister Narendra Modi on March 17, covering various aspects of India-New Zealand relations…reports Asian Lite News New Zealand Prime Minister Christopher Luxon will

India Reaffirms Support for Mauritius on Chagos

Foreign Secretary Vikram Misri said there is already a lot that India has accomplished with Mauritius in terms of contributing to its maritime safety and security-related issues…reports Asian Lite News India has

Indian Diaspora Awaits Modi in Mauritius

In the village of La Laura-Malenga in Moka District, residents are preparing special celebrations for the Prime Minister’s visit, which coincides with Holi…reports Asian Lite News Indian diaspora members in Mauritius are

South Africa to host Zelenskyy in April

South Africa has adopted a neutral position in the war and has attempted to act as a mediator between the sides, although with limited success Ukrainian President Volodymyr Zelenskyy will visit South
Go toTop

Don't Miss

‘Indian women still depend on spouses for financial planning’

The survey findings indicated that 89 per cent of married

South Korea keen to invest in multiple sectors in Assam

The two sides also explored the possibility of collaboration between