Nooyi, 3 other PIO women in Forbes list
Their cumulative networth at record $124 bn, up 12% from a year ago; With $15-bn net worth, Daine Hendricks, 76, co-founder of ABC Supply, topped the list for the 6th time in a row
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New York Four Indian-origin women, including Jayshree Ullal and Indra Nooyi, have been named by Forbes among America’s 100 richest self-made women, with a combined net worth of a whopping $4.06 billion. President and CEO of Arista Networks, a computer networking firm, Jayshree Ullal; co-founder of IT consulting and outsourcing firm Synte, Neerja Sethi; co-founder and former chief technology officer (CTO) of cloud company Confluent, Neha Narkhede, and PepsiCo’s former chair and CEO Indra Nooyi made it to Forbes list of ‘America’s Richest Self-Made Women’.
“Bolstered in part by a rebound in the stock market, they are cumulatively worth a record $124 billion, up nearly 12 per cent from a year ago,” Forbes said last month at the release of its ninth annual list. Ullal, ranked 15th on the list, has a net worth of $2.4 billion. She has been president and CEO of the publicly-traded Arista Networks since 2008 and owns about 2.4 per cent of its stock. Arista recorded revenue of nearly $4.4 billion in 2022.
She is also on the board of directors of Snowflake, a cloud computing company that went public in September 2020. The 62-year-old studied electrical engineering at San Francisco State University and engineering management at Santa Clara University.
Sethi, 68, ranked 25th on the list, has a net worth of $990 million. Syntel, co-founded in 1980 by Sethi and her husband Bharat Desai, was bought by French IT firm Atos SE for $3.4 billion in October 2018. 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.
Narkhede, 38, is ranked 50th on the list with a net worth of $520 million. As a LinkedIn software engineer, she helped develop the open-source messaging system Apache Kafka to handle the networking site’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. The $586 million (2022 revenues) company went public in June 2021 at a $9.1 billion valuation; Narkhede owns around 6 per cent, Forbes said.
