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Business News/ News / World/  Four Indian-origin biz leaders in 2023 Forbes' 100 richest self-made women list

Jayshree Ullal and Indra Nooyi are among four Indian-origin women who have made it to the Forbes list of America's 100 most successful self-made women, with a combined net worth of a $4.06 billion.

Diane Hendricks, Cofounder, ABC Supply--one of the largest wholesale distributors of roofing, siding and windows in America-- with a $15 billion net worth, retained the top slot followed by musician Rihanna, having a net worth of $1.4 billion. This year's list has eight entrants, including television producer Shonda Rhimes and Insitro CEO Daphne Koller. "Bolstered in part by a rebound in the stock market, they are cumulatively worth a record USD 124 billion, up nearly 12 per cent from a year ago," Forbes said last month at the release of its ninth annual list.

Indo-American women in the list: 

Jayshree Ullal

Jayshree Ullal, president and CEO of computer networking firm Arista Networks. She featured 15th on the list, the highest among Indian-origin business leaders. Her publicly-traded company, Arista Networks recorded revenue of nearly $4.4 billion in 2022. According to Forbes Ullal, has been president and CEO of Arista since 2008 owns about 2.4% of Arista's stocks. She is also on the board of directors of Snowflake, a cloud computing company that went public in September 2020.

Ullal studied electrical engineering at San Francisco State University and engineering management at Santa Clara University. 

Neerja Sethi

Neerja Sethi, co-founder of IT consulting and outsourcing firm Syntel, ranked 25th among the America's 100 richest self-made women. She along with her husband Bharat Desai founded the Syntel in 1980. She is having net worth of $990 million. French IT firm Atos SE for $3.4 billion in October 2018 bought Syntel in 2018 and Sethi got an estimated $510 million for her stake.

She did her Bachelor of Arts/Science and Master of Business Administration from Delhi University and Master of Science from Oakland University. 

Neha Narkhede

Neha Narkhede, in 2023 founded a fraud detection company named Oscilar. She is also CEO of Oscilae. Narkehe, is former chief technology officer (CTO) of cloud company Confluent. She is ranked 50th on the list with a net worth of $520 million. The 38-year-old software engineer-turned-entrepreneur helped develop the open-source messaging system Apache Kafka to help develop LinkedIn's massive influx of data. In 2014, she and two LinkedIn colleagues left to found Confluent, which helps organisations process large amounts of data on Apache Kafka. According to Forbes the $586 million (2022 revenues) company went public in June 2021 at a $9.1 billion valuation; she owns around 6% of it. 

Indira Nooyi

Nooyi, the former chair and CEO of PepsiCo, retired in 2019 after 24 years with the company, half of which she spent in the top job. The 67-year-old has a net worth of $350 million and is ranked 77th on the Forbes list. Her fortune stems from stock she was granted while working at PepsiCo.

Nooyi, who grew up in India, received an MBA from Yale before becoming one of corporate America's few female CEOs in 2006.

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Updated: 10 Jul 2023, 06:15 PM IST
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