Forbes released their recent list of The World’s Billionaires on March 6, which features 10 Indian Americans.
The richest one on the list is Rakesh Gangwal, the co-founder of the airline Indigo and is worth $3.3 billion, after he made an extra $1.2 billion in the past year.
The second richest is Romesh T. Wadhwani, an IT entrepreneur and philanthropist with a net worth of $3.1 billion, who ended up topping the list last year.
Forbes recent list has a record of 2,208 members including two new Indian Americans, Niraj Shah who is worth $1.6 billion and Jayshree Ullal who is worth $1.3 billion.
Shah is the CEO and co-founder of Wayfair while Ullal is the CEO of Arista Networks.
Other Indian American billionaires who are on the list include Vinod Khosla ($2.3 billion), Google investor Kavitark Ram Shriram ($2.1 billion), Vista Equity Partners cofounder Brian Sheth ($2 billion), pharmaceutical executive John Kapoor ($1.8 billion), software executive and investor Aneel Bhusri ($1.6 billion) and Syntel co-founder Bharat Desai ($1.1 billion).
Sheth is the youngest Indian American billionaire on the list whose wealth went up by $900 million, while Khosla’s net worth increased by $700 million.
The combined net worth of Indian American billionaires is $20.2 billion and the richest Indian American of all is Shahid Khan, the owner of the Jacksonville Jaguars, with net worth of $7.2 billion.
| Top 10 Indian American Billionaires | |||
| Rank on Forbes List | Name | Age | Net Worth |
| 703 | Rakesh Gangwal | 64 | $3.3 B |
| 766 | Romesh T. Wadhwani | 70 | $3.1 B |
| 1070 | Vinod Khosla | 63 | $2.3 B |
| 1157 | Kavitark Ram Shriram | 61 | $2.1 B |
| 1215 | Brian Sheth | 42 | $2 B |
| 1339 | John Kapoor | 74 | $1.8 B |
| 1477 | Niraj Shah | 44 | $1.6 B |
| 1477 | Aneel Bhusri | 52 | $1.6 B |
| 1756 | Jayshree Ullal | 56 | $1.3 B |
| 1999 | Bharat Desai | 65 | $1.1 B |
| Source: Forbes | |||