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4 Indian-origin biz leaders in 2023 Forbes’ 100 richest self-made women list

The Forbes 2023 list of America’s 100 most successful women is released. As many as four Indian-origin women Jayshree Ullal, Indira Nooyi, Neha Narkhede, and Neerja Sethi have made it to this coveted list of America’s 100 richest self-made women. Four Indian-origin women, including Jayshree Ullal and Indra Nooyi, have made it to the Forbes list of America’s 100 most successful self-made women, with a combined net worth of a whopping USD 4.06 billion.

Daily Current Affairs 2023

Indo-American women in the list:

  • Jayshree Ullal (62)

CEO and President of computer networking firm Arista Networks, Ullal has been ranked 15th on the list. The ranking is highest among Indian-origin business leaders. Arista Networks, a publicly-traded company, recorded revenue of nearly $4.4 billion in 2022. According to Forbes, Ullal owns about 2.4% of Arista’s stock. She is also on the board of directors of Snowflake, a cloud computing company that went public in September 2020. An electrical engineering graduate from San Francisco State University, she also holds an engineering management degree.

  • Neerja Sethi (68)

Neerja Sethi has been ranked 25th on the list with a net worth of USD 990 million. Sethi and her husband Bharat Desai, co-founded the the IT consulting and outsourcing firm Syntel in 1980. The duo started the business with an initial investment of just $2,000. French IT firm Atos SE bought Syntel in 2018 for $3.4 billion, and Sethi got an estimated $510 million for her stake. An MBA graduate from Delhi University completed her Master of Science from Oakland University.

  • Neha Narkhede (38)

Narkhede, co-founder and former Chief Technology Officer of cloud company Confluent is ranked 50th on the list. Her net worth is USD 520 million. Narkhede is a software engineer-turned-entrepreneur. She helped develop the open-source messaging system Apache Kafka to help LinkedIn’s massive influx of data. In 2014, she along with two LinkedIn colleagues found Confluent, which helps organisations process large amounts of data on Apache Kafka. In March 2023, Narkhede announced her new company, a fraud detection firm Oscilar. As per Forbes, the USD 586 million (2022 revenues) company went public in June 2021 at a USD 9.1 billion valuation; she owns around 6 percent.

  • Indira Nooyi (67)

Indira Nooyi is PepsiCo’s former chairperson and CEO. She has been ranked 77th on the Forbes 2023 list. She retired in 2019 after being associated with the beverage company for almost 24 years. Nooyi has a net worth of USD 350 million. Her wealth stalks from stock she was granted while working at PepsiCo. Nooyi was one of corporate America’s few female CEOs in 2006.

List of Forbes Self-Made Women: 2023

RANK NAME NET WORTH AGE SOURCE STATE
1. Diane Hendricks $15 B 76 Building supplies Wisconsin
2. Judy Love & family $10.2 B 85 Gas stations Oklahoma
3. Judy Faulkner $7.4 B 79 Healthcare software Wisconsin
4. Lynda Resnick $5.3 B 80 Agriculture California
5. Thai Lee $4.8 B 64 IT provider Texas
6. Johnelle Hunt $4.4 B 91 Trucking Arkansas
7. Gail Miller $4.2 B 79 Car dealerships Utah
8. Marian Ilitch $4 B 90 Little Caesars Pizza Michigan
9. Elizabeth Uihlein $3.7 B 77 Packaging materials Illinois
10. Peggy Cherng $3.1 B 75 Fast food Nevada

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