Michigan India Community Blog

A Community Resource for Indians in Michigan

Friday, September 19, 2008

Indians in Forbes 400 Richest Americans List

Four men of Indian origin have made it to The Forbes 400 Richest Americans list. They are
  • Kavitark Ram Shriram (ranked 281st)
    Net Worth $1.7 billion
    Chennai, India-born entrepreneur started at Netscape 1994. Created shopping site Junglee; sold to Amazon in 1998. Founded Sherpalo 2000, went on to back Yodlee, Zazzle.com (custom T-shirts, mugs, posters, stickers). Early investor, board member of Google still owns 1.3 million shares worth $600 million.
  • Bharat Desai and family (ranked 321st)
    Net Worth $1.5 billion
    Born in Kenya, moved to India at age 11. Studied engineering at Indian Institute of Technology, moved to U.S. in 1976 for programming job at Tata Consultancy Services. Founded Syntel with wife, Neerja Sethi, while earning M.B.A. from University of Michigan.
  • Amar Bose (ranked 321st)
    Net Worth $1.5 billion
    Started repairing radios in high school after WWII depressed father's import business. Fulbright scholar earned Ph.D. in electrical engineering from MIT. Began research on hi-fi sound. Started Bose Corp. 1964
  • Vinod Khosla (ranked 355th)
    Net Worth $1.5 billion
    Green-tech advocate studied engineering at Indian Institute of Technology. Failed at attempt to start soy milk company catering to Indians without refrigerators. Earned biomedical master's at Carnegie Mellon, then Stanford M.B.A. Cofounded electric design automation company Daisy Systems in 1980. Two years later joined Andy von Bechtolsheim, Billy Joy, Scott Nealy to form Sun Microsystems.

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