
Who are the richest Indians in US? Sundar Pichai and Satya Nadella not in top 9
This marks a significant jump from just seven in 2022, surpassing Israel and Taiwan (11 each). Together, these Indian immigrants represent a powerhouse of self-made success, contributing to the $1.3 trillion collective wealth of foreign-born US billionaires.
Newcomers like Alphabet's Sundar Pichai and Microsoft's Satya Nadella joined the list recently, yet they rank surprisingly low compared to lesser-known tycoons.
Topping the Indian-American billionaires is Jay Chaudhry, founder of cybersecurity giant Zscaler, with a net worth of $17.9 billion. Born in Panoh, a remote Himalayan village without electricity or running water during his childhood, Chaudhry first flew to the US in 1980 for graduate studies.
Before Zscaler's 2018 IPO, he built and sold four tech companies. Now based in Nevada, he ranks #8 overall among all US immigrant billionaires, far ahead of Pichai and Nadella. Chaudhry's journey reflects the broader trend: 93% of immigrant billionaires are self-made, often thriving in tech or finance.
Here are the wealthiest Indian-origin billionaires in the US, based on Forbes' latest data. Notably, tech icons Sundar Pichai ($1.1 billion) and Satya Nadella ($1.1 billion) rank 10th and 11th, missing the top 9 : Jay Chaudhry ($17.9 billion) – Cybersecurity (Zscaler)
Vinod Khosla ($9.2 billion) – Sun Microsystems, venture capital
Rakesh Gangwal ($6.6 billion) – Airlines (co-founder of IndiGo)
Romesh T. Wadhwani ($5.0 billion) – Software - Symphony Technology Group
Rajiv Jain ($4.8 billion) – Finance (Chairman of GQG Partners)
Kavitark Ram Shriram ($3.0 billion) – Google, venture capital
Raj Sardana ($2.0 billion) – Technology services (IT firm TCGI)
David Paul ($1.5 billion) – Medical devices (Wellquest/NeuroSigma)
Nikesh Arora ($1.4 billion) – Cybersecurity (Palo Alto Networks CEO)
Pichai ($1.1 billion) and Nadella ($1.1 billion) rank 10th and 11th, respectively.
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News18
an hour ago
- News18
How Anant Ambani-Radhika Merchant Wedding Put India On The Global Map
Last Updated: The meticulously organised and deeply spiritual ceremony further augmented India's image as the spirituality capital of the world In July 2024, the world tuned in as Anant Ambani—the younger son of businessman Mukesh Ambani and Nita Ambani—and Radhika Merchant tied the knot. The marriage ceremony transcended a mere social event to become India's most widely followed cultural phenomenon—one that put the country on the global map—with millions globally witnessing the beautiful and deeply meaningful rituals unfold across mainstream and social media. The Sacred Significance of Hindu Marriage In Hindu tradition, marriage is revered not just as a social contract but as a sacred and lifelong commitment. It represents a divine union between two individuals, their families, and communities, solemnised and celebrated with elaborate rituals and customs. The purpose of Hindu marriage extends beyond personal fulfillment, encompassing the fulfillment of religious duties (dharma) and contributing to societal order. While modern practicalities often preclude most weddings from adhering to all ancient rituals, the young Ambani couple chose to meticulously follow every Indian tradition and custom. This choice stemmed from their deep reverence for these practices and a profound desire to commence their married life with the blessings and wisdom of elders and spiritual leaders. The Radhika-Anant wedding effectively conveyed this powerful message globally, with numerous international luminaries present to experience it firsthand. Augmenting India's Global Image At a time when India is confidently asserting its rightful place on the world stage, building significant prowess across financial, technological, and industrial sectors, this meticulously organised and deeply spiritual ceremony further augmented India's image as the spirituality capital of the world. The wedding guest list itself reflected India's burgeoning international appeal and its rise to a central role in global affairs. The presence of esteemed individuals highlighted India's growing economic, political, intellectual, and scientific strengths. The ability of Reliance Industries and the Ambani Family to host such a grand assembly of global dignitaries from diverse fields underscored their focused efforts to cultivate deep, inclusive, and meaningful relationships, consistently working to position India as a global leader. A Confluence of Luminaries The wedding was a remarkable gathering of religious and spiritual leaders from various Vedic Hindu traditions, making it the largest congregation of such figures at a wedding ceremony in recent memory. Dharmagurus attending the festivities included: • Swami Sadananda Saraswati, Shankaracharya, Dwarka • Swami Avimukteshwarand Saraswati, Shankaracharya, Joshimath • Gaurang Das Prabhu, Divisional Director, ISKCON • Gaur Gopal Das, Monk, ISKCON • Radhanath Swami, Member, Governing Body, ISKCON • Pujyashri Rameshbhai Oza • Gautambhai Oza • Pujyashri Devaprasad Maharaj • Vijuben Rajani, Shree Anandabawa Seva Sanstha • Shri Balak Yogeshwardas Ji Maharaj, Badrinath Dham • Pujyashri Chidanand Saraswati, Head, Parmarth Niketan Ashram • Shree Namramuni Maharaj, Jain Muni, Founder-Prasadham • Dhirendra Kumar Garg, Guru, Bageshwar Dham • Baba Ramdev, Yoga Guru • Swami Rambhadracharya • Swami Kailashanand, Mahamandaleshwar, Niranjani Akhara • Avdeshanand Giri, Mahamandaleshwar, Juna Akhara • Shri Devkinandan Thakurji Maharaj, Vishwa Shanti Sewa Trust • Didi Maa Sadhvi Ritambhara Ji, Vatsalya Gram • Swami Parmatmnaad ji, Founder, Param Shakti Peeth • Shri Vishal Rakesh ji Goswami, Head Priest, Shrinathji Temple In addition to numerous Indian politicians and ministers, the celebrations were graced by political luminaries from across the world, further highlighting India's growing international appeal. These included: • John Kerry (American politician) • Tony Blair (Former Prime Minister, UK) • Boris Johnson (Former Prime Minister, UK) • Matteo Renzi (Former Prime Minister of Italy) • Sebastian Kurz (Former Prime Minister of Austria) • Stephen Harper, Former Prime Minister of Canada • Carl Bildt (Former Prime Minister of Sweden) • Mohamed Nasheed (Former President of Maldives) • H. E. Samia Suluhu Hassan (President, Tanzania) A vast number of global business leaders also traveled to India for the wedding rituals, including: • Amin Nasser (President & CEO, Aramco) • H. E. Khaldoon Al Mubarak, CEO, Managing Director, Mubadala • Murray Auchincloss (CEO, bp) • Robert Dudley (Former CEO – bp, Board Member – Aramco) • Mark Tucker (Group Chairman, HSBC Holdings Plc) • Bernard Looney (Former CEO, bp) • Shantanu Narayen (CEO, Adobe) • Michael Grimes (Managing Director, Morgan Stanley) • Igor Sechin, CEO, Rosneft • Jay Lee, Executive Chairman, Samsung Electronics • Dilhan Pillay (CEO, Temasek Holdings) • Emma Walmsley (CEO, GlaxoSmithKline) • David Constable (CEO, Fluor Corporation) • Jim Teague (CEO, Enterprise GP) • Gianni Infantino (IOC Member, President of FIFA) • Juan Antonio Samaranch (Vice President, IOC) • Ngozi Okonjo-Iweala (Director-General, WTO) • Kim Kardashian, Media personality, Socialite • Khloe Kardashian, Media personality, Socialite • Dinesh Paliwal (Partner, KKR) • Lim Chow Kiat, CEO, GIC • Michael Klein, Managing Partner, M. Klein & Company • Bader Mohammad Al-Saad (Director, KIA) • Yoshihiro Hyakutome, Senior Managing Executive Officer, SMBC • Khalil Mohammed Sharif Foulathi, Vice Chairman, ADIA • Peter Diamandis, Executive Chairman, Singularity University • Jay Shetty (Podcaster, Author, Coach) • Jeff Koons (Artist) • January Makamba (Foreign Affairs & East African Cooperation) • James Taiclet (CEO, Lockheed Martin) • Eric Cantor (Vice Chairman, Moelis & Company) • Enrique Lores (President & CEO, HP Inc.) • Borje Ekholm (President & CEO, Ericsson) • William Lin (Executive Vice President, bp) • Tommi Uitto, President, Nokia Mobile Networks Embracing Humanity and Tradition In the true spirit of 'Manav seva hi Madhav seva" – service to humanity is the true service to God – the Ambani family initiated their wedding celebrations with a Samuhik Vivah (mass wedding) for 50 underprivileged couples at Reliance Corporate Park, Navi Mumbai. Over 800 guests attended this event, with all Ambani family members present to bestow blessings and gifts upon the newlyweds. Furthermore, the Ambani family ensured that no one went without food for three weeks alongside the wedding celebrations. A Bhandara was organised, serving over 1,000 lunches and dinners daily through a community kitchen, embodying the same principle of service to humanity. The wedding celebrations spanned several days, encompassing numerous smaller, yet deeply significant, rituals: • Mosalu: A Gujarati tradition where the groom's maternal uncle presents the bride and groom with traditional gifts known as Mameru. • Valley of Gods: Devotional dance performances led by Nita Ambani at the Jamnagar temple complex, symbolising a mother's love and showcasing Indian spirituality through dance. • Sangeet: The music ceremony, a joyous occasion where family members performed songs and dances for the couple, with spirited performances by both Mukesh and Nita Ambani. • Grah Shanti: A ritualistic pooja performed to invoke Lord Ganesha and the Nava Grah (nine planets) to remove obstacles, pacify negative planetary influences, and bring happiness and prosperity to the new couple. This was performed alongside the Puja of Randal Maa, a manifestation of Goddess Durga or Parvati. • Peethi/Haldi: A popular Indian wedding ritual, this ceremony brought families together for fun and to connect with an ancient, unbroken tradition. • Bhajans and Shiv Shakti Puja: A profound and meaningful ceremony celebrating the union and balance of divine energies, observed as a solemn and pious occasion. • The Wedding: The sacred wedding rituals were performed in the presence of the holy fire, elders, and spiritual leaders as the couple entered holy matrimony. • The Wedding Receptions: Receptions continued for three days, catering to various groups of extended friends, families, associates, and partners. Notably, one reception was dedicated to all staff from Antilia, Sea Wind, Karuna Sindhu, and other Ambani households, including housekeeping, security, secretarial, operations, and maintenance personnel. An Ode to Banaras and Resplendent Indian Attire The wedding day décor, themed 'An Ode to Banaras," offered a cherished and lasting experience for global leaders, taking them on a journey through the ghats of Banaras. This theme paid homage to the eternal city's traditions, piety, culture, arts, crafts, and cuisine. The immersive experience recreated the essence of Banaras's streets within the Concourse of the Wedding Venue at Jio World Centre, allowing guests to engage with the city's traditions, flavors, and spirituality. top videos View all The dress code theme, 'Resplendently Indian," saw all dignitaries and guests adorned in traditional Indian attires, showcasing a spectacular display of India's rich cultural heritage. This burst of colours, fabrics, textures, and techniques at the Ambani wedding vividly presented India's diverse and talented couturiers and artisans. The marriage of Radhika Merchant and Anant Ambani was not just a celebration of two individuals uniting, but a grand tapestry woven with threads of deep tradition, global connection, and profound spirituality, leaving an indelible mark on India's cultural landscape. About the Author News Desk The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk More Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated! tags : anant ambani mukesh ambani Nita Ambani Radhika Merchant Reliance Industries Limited view comments Location : Mumbai, India, India First Published: July 12, 2025, 09:50 IST News india How Anant Ambani-Radhika Merchant Wedding Put India On The Global Map Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


The Hindu
an hour ago
- The Hindu
AP Chambers seeks curbs on raw human hair exports to China
The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) sought Chief Minister N. Chandrababu Naidu's intervention for stopping the export of raw human hair, especially non-remy (comb waste/ Goli/Chutti) hair, to mainly China, and some other countries in order to safeguard the domestic human hair industry. In a representation to the Chief Minister on July 11, AP Chambers president Potluri Bhaskar Rao stated that the demand for non - remy hair had gone up exponentially in the last two decades. The Chinese were buying huge quantities till 2012-13 from Indian exporters but in the last 10 years, they started reducing legal imports by smuggling non-remy (comb waste hair) through Myanmar, Bangladesh, and Nepal, where it is processed with child labour and again smuggled to China to avoid duties. Despite an earlier ban imposed in March 2022 by the Director General of Foreign Trade, exports continued, including by the previously blacklisted traders. Non-remy hair forms 85% of total exports and only 15% of hair is remy hair, which is sourced from temples and sold in auction/direct sales by them. Mr. Bhaskar Rao pointed out that the Indian human hair extension and wig industry, currently valued at approximately ₹8,000 crore, has the potential to grow to ₹30,000 crore over the next decade. The industry, which has a major presence in Eluru and Madepalli in Eluru district, provides employment to over 10 lakh women. Following are the suggestions made by the AP Chambers: to strictly prohibit the export of raw human hair (having ITC (HS) Code 05010010) to make it available for Indian hair processors for value-addition, not to let remy type hair from temples sold to China or Chinese agents, restrict temple hair auctions to registered manufacturers / exporters and not to illegal traders. Also, the AP Chambers stated that a dedicated research chair for human hair be set up at IIT Chennai to foster R&D, duties on human hair imported by countries with which India has bilateral agreements should be reduced, and incentives/subsidies must be given to those exporting hair to African countries as they are biggest consumers of hair and wigs as the move would help boost the hair exports to those countries. The hair industry is a unique one that transforms waste into valuable foreign exchange while empowering lakhs of women through rural employment, Mr. Rao said, adding that the CM should take up the matter with the Union Ministry of Commerce & Industry to ensure the sustainability and growth of the human hair industry in Andhra Padesh.


Mint
an hour ago
- Mint
Indian aviation industry to report net loss of ₹30 billion in FY26: ICRA
New Delhi [India], July 12 (ANI): India's aviation industry is projected to record a net loss in the range of ₹ 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to the credit rating firm ICRA. The firm said in a report that these losses are expected to continue compared to a net profit of around ₹ 16 billion in FY2024 due to the anticipated pressure on yields as airlines strive to maintain adequate passenger load factors (PLF) amid continued aviation turbine fuel (ATF) prices. The report stated that while demand for air travel remains robust, airlines are unlikely to raise ticket prices significantly due to competitive pressures and price sensitivity in the domestic market. This, coupled with costlier fuel, is expected to eat into profitability. Adding to the financial strain, interest costs are likely to rise in FY26 due to growing lease liabilities, as several airlines have scheduled aircraft deliveries. The increased debt burden is expected to raise financing costs, further compressing margins. Despite these challenges, the projected losses for FY26 are a marked improvement compared to the massive setbacks of the past. The industry had posted staggering net losses of ₹ 235 billion in FY22 and ₹ 174 billion in FY23, largely driven by COVID-19-related disruptions and fuel cost volatility. Financial resilience, however, is slowly improving. The sector's interest coverage ratio, a key indicator of its ability to service debt, is expected to range between 1.5 and 2.0 times in FY26, suggesting relatively stable debt-servicing capacity even amid bottom-line pressures. For June 2025, domestic air passenger traffic was estimated at 138.7 lakh, 5.1 per cent higher than 132.1 lakh in June 2024. However, it witnessed a marginal decline of 1.3 per cent on a sequential basis. The airlines' capacity deployment in June 2025 was 4.9 per cent higher than June 2024; however, it was 2.3 per cent lower compared to May 2025. For Q1 FY2026 (April-June 2025), domestic air passenger traffic was 422.4 lakh, reflecting a YoY growth of 5.1 per cent. For May 2025, international passenger traffic for Indian carriers was 29.7 lakh, a YoY growth of 7.3 per cent. However, it remained lower by 7.9 per cent on a sequential basis owing to geopolitical headwinds. For 2M FY2026, international passenger traffic for Indian carriers stood at 59.8 lakh, a YoY growth of 12.1 per cent. For FY2025 (April 2024-March 2025), domestic air passenger traffic stood at around 1,653.8 lakh, a YoY growth of 7.6 per cent.