Indian-origin entrepreneurs have built significant wealth across industries such as AI, aviation, real estate, and semiconductors. The Indian-American community continues to grow its presence in the U.S. billionaire rankings.
Here’s a look at some of the wealthiest Indian-American billionaires in 2024.
Aneel Bhusri – $3.3 Billion
Aneel Bhusri co-founded Workday, a leading cloud-based software firm for finance and HR. After 25 years in the industry, he stepped down as co-CEO in 2024 and now serves as an advisor. He is also an advisory partner at Greylock Partners and a board member at Stanford University.
Jayshree Ullal – $4.5 Billion
Jayshree Ullal is the president and CEO of Arista Networks, a computer networking firm generating $5.9 billion in revenue in 2023. With a background in semiconductor and networking technologies, she is the only female Indian-American billionaire on the list.
Romesh Wadhwani – $5 Billion
Romesh Wadhwani built his fortune in technology, founding Symphony Technology Group. He is also known for philanthropy through the Wadhwani Foundation, which focuses on AI solutions for economic development.
Rakesh Gangwal – $5.8 Billion
Rakesh Gangwal co-founded IndiGo, India’s largest budget airline. He previously served as CEO of US Airways Group and was appointed chairman of Southwest Airlines in 2024 to help improve its financial performance.
Vinod Khosla – $8.3 Billion
Vinod Khosla co-founded Sun Microsystems and later established Khosla Ventures, a major Silicon Valley venture capital firm. A strong advocate for AI, he believes technology will drive future progress.
Jay Chaudhry – $11.2 Billion
Jay Chaudhry, founder and CEO of cybersecurity firm Zscaler, built multiple successful tech companies before launching Zscaler in 2007. Despite his wealth, he emphasizes impact over financial success and is actively involved in philanthropy.
