Four Indian-Origin Business Leaders Among Forbes' 100 Richest Self-Made Women in 2023

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Four Indian-Origin Business Leaders Among Forbes' 100 Richest Self-Made Women in 2023
11 Jul 2023
4 min read

News Synopsis

Introduction to Indian-Origin Business Leaders on Forbes' List 

Four Indian-origin women have secured their positions on Forbes' prestigious list of America's 100 richest self-made women in 2023, with a combined net worth of $4.06 billion.

These women have made significant contributions to their respective industries and have achieved remarkable success in the business world.

Jayshree Ullal Tops the List 

Leading Arista Networks Jayshree Ullal, president and CEO of computer networking firm Arista Networks, holds the highest position among Indian-origin business leaders on the list. Ranked 15th, Ullal's publicly-traded company, Arista Networks, recorded a revenue of nearly $4.4 billion in 2022.

With about 2.4% ownership of Arista's stocks, Ullal has been a driving force behind the company's success. She also serves on the board of directors of Snowflake, a prominent cloud computing company.

Neerja Sethi's Success in IT Consulting 

Co-Founder of Syntel Neerja Sethi, ranked 25th on the list, co-founded IT consulting and outsourcing firm Syntel with her husband Bharat Desai in 1980. French IT firm Atos SE acquired Syntel for $3.4 billion in October 2018, resulting in Sethi receiving an estimated $510 million for her stake.

With a net worth of $990 million, Sethi has made a significant impact in the IT industry, showcasing her entrepreneurial skills and business acumen.

Neha Narkhede's Entrepreneurial Journey 

Founder of Oscilar Neha Narkhede, the founder of fraud detection company Oscilar and CEO of Oscilae, secures the 50th position on the Forbes list. Previously serving as the chief technology officer (CTO) of cloud company Confluent, Narkhede played a pivotal role in developing the open-source messaging system Apache Kafka while working at LinkedIn.

In 2014, she co-founded Confluent to help organizations process large amounts of data on Apache Kafka. The company, valued at $9.1 billion during its IPO in June 2021, has contributed significantly to Narkhede's net worth of $520 million.

Indra Nooyi's Legacy at PepsiCo

Former Chair and CEO of PepsiCo Indra Nooyi, the former chair and CEO of PepsiCo, ranks 77th on the Forbes list. After retiring in 2019 following a remarkable 24-year career at the company, Nooyi's net worth stands at $350 million.

Her success is attributed to the stock she acquired during her tenure at PepsiCo. Nooyi, who hails from India, received an MBA from Yale before becoming one of the few female CEOs in corporate America in 2006.

Here are some additional facts about the four women:

  • Jayshree Ullal is the president and CEO of computer networking firm Arista Networks. She has been with the company since 2008, and she has helped to grow it into a major player in the industry.

  • Neerja Sethi is the co-founder of IT consulting and outsourcing firm Syntel. She has been with the company since its inception in 1980, and she has helped to build it into a global powerhouse.

  • Neha Narkhede is the former chief technology officer (CTO) of cloud company Confluent. She helped to develop the open-source messaging system Apache Kafka, which is used by companies like LinkedIn and Uber.

  • Indra Nooyi is the former chair and CEO of PepsiCo. She was the first woman to lead the company, and she is credited with helping to turn it around.

Conclusion

These four Indian-origin business leaders have achieved remarkable success and recognition in the American business landscape. Their contributions to their respective industries have paved the way for future generations and serve as an inspiration to aspiring entrepreneurs worldwide.

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