Three Indian-origin women among America's richest self-made women: Forbes
New York, Jun 7: Three Indian-origin women have been named by Forbes among America's 80 richest self-made women, the "ceiling crashers" and "overachievers" blazing their own trails as they create new businesses and amass fortunes.
President and CEO of computer networking firm Arista Networks Jayshree Ullal, cofounder of IT consulting and outsourcing firm Syntel Neerja Sethi and CTO and cofounder of streaming data technology company Confluent Neha Narkhede are in the Forbes list of 'America's Richest Self-Made Women 2019'.
The list has been topped by Diane Hendricks, who chairs ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America. The 72-year old has a net worth of USD 7 billion.
Ullal, who has been ranked 18th in the list, has a net worth of USD 1.4 billion. The 58-year old owns about 5 per cent of Arista's stock.
"Born in London and raised in India, she is now one of America's wealthiest female executives," Forbes said.
Sethi, ranked 23rd, cofounded Syntel with her husband Bharat Desai in 1980 in their apartment in Troy, Michigan with an initial investment of just USD 2,000.
Her current net worth is one billion dollars. French IT firm Atos SE bought Syntel for USD 3.4 billion in October 2018 and Sethi, 64, got an estimated USD 510 million for her stake.
Narkhede is ranked 60th on the list with a networth of USD 360 million. Confluent, which is currently valued at USD 2.5 billion, counts Goldman Sachs, Netflix and Uber as customers.
As a LinkedIn software engineer, Narkhede, 34, helped develop Apache Kafka to handle the networking site's huge influx of data and in 2014, she and two LinkedIn colleagues founded Confluent to build tools for companies using Apache Kafka, which became open source in 2011, Forbes said.
The list also includes media mogul Oprah Winfrey ranked 10, Facebook's Chief Operating Officer (12), reality TV star Kylie Jenner (23), fashion designer Tory Burch (29), pop stars Rihanna (37) and Madonna (39), singer Beyonce (51), author Danielle Steel (56), TV show Ellen DeGeneres (63) and tennis star Serena Williams on the 80th spot.
Forbes said more women are creating new businesses and amassing fortunes than ever before, leading it to expand its ranking of the nation's wealthiest self-made women to 80 ceiling crashers, one third more than a year ago.
"Each of these overachievers has blazed her own trail," it said.
List members range in age from 21 to 92, and are worth a combined USD 81.3 billion. The minimum net worth to make Forbes' fifth annual ranking of these women is USD 225 million. A record 25 are billionaires, one more than last year. Nearly half, or 38, live in California, followed by New York with 9. Nineteen were born outside of the US, in countries spanning Burma to Barbados.
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Two Delhi men held for BMTC bus phone thefts in Bengaluru
Bengaluru: Whitefield police have arrested two men from Delhi for allegedly stealing mobile phones from passengers travelling in Bengaluru Metropolitan Transport Corporation (BMTC) buses and solved 14 theft cases, officials said on Tuesday.
The arrested accused have been identified as Jai Chand (25), who worked at a hotel in Delhi, and Tarun (34), an autorickshaw driver in Delhi.
Officials said on January 24, a Mahadevapura resident lodged a complaint that his iPhone 15 Plus was stolen while he was travelling on a BMTC bus towards Whitefield.
Based on the complaint, police registered a case and arrested two suspects within an hour near a lodge on Hosa Road. During the arrest, the police found a bag containing several stolen mobile phones.
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“During interrogation, the suspects confessed that they were stealing mobile phones from passengers travelling in BMTC buses. They had also committed thefts during a concert held under the Channarayapatna police station limits on January 23,” the police said.
Investigations revealed that the accused had travelled from Delhi for the concert and stolen mobile phones from the audience. A third suspect is at large and is likely hiding in the Shahdara area of Delhi.
One of the victims, a YouTuber, raised the theft issue in February in a post on X.
“Here is my (FIR No 0013/2026 is registered in Channarayapatana PS. Your GSC No. is PO1814260100013) request @DelhiPolice @BlrCityPolice to plz look into this & get my device back since it's my work phone & I am a youtuber, all my data is there! someone plz help. @dcpwhitefield,” Anirban Sarkar posted on X on February 6.
Police have recovered 14 mobile phones of various brands, collectively valued at about Rs 9 lakh, from the accused. The two were produced before the court and remanded in judicial custody.
In total, one case from Whitefield and 13 from Channarayapatna police stations were detected. Further investigation is underway.
