The Richest People in Tech

I read this piece in Tech Crunch Newsletter. I was searching for Indian names and got some consolations at the bottom of the list. This list clearly shows us the what IP could do in wealth creation and mostly important what we should focus in India in the comming years. Looking forward to hear comments from other members...

Suresh

The Richest People in Tech

1. Bill Gates (Microsoft), $57 billion
3. Larry Ellison (Oracle), $27 billion
11. Michael Dell (Dell), $17.3 billion
12. Paul Allen (Microsoft), $16 billion
13. Sergey Brin (Google), $15.9 billion
14. Larry Page (Google), $15.8 billion
15. Steve Ballmer (Microsoft), $15 billion
33. Jeff Bezos (Amazon), $8.7 billion
47. Rupert Murdoch (News Corp.), $6.8 billion
54. Pierre Omidyar (eBay), $6.3 billion
59. Eric Schmidt (Google), $5.9 billion
61. Steve Jobs (Apple), $5.7 billion
84. Gordon Moore (Intel), $4.4 billion
84. John Sall (SAS Institute), $4.4 billion
91. David Sun (Kingston Technology), $4 billion
91. John Tu, (Kingston Technology), $4 billion
105. Richard Shulze (Best Buy), $3.5 billion
144. Ray Dolby (Dolby), $2.9 billion
161. Mark Cuban (Broadcast.com), $2.6 billion
246. Irwin Jacobs (Qualcomm), $1.9 billion
246. Omid Kordestani (Google), $1.9 billion
262. Henry Samueli (Broadcom), $1.8 billion
281. David Filo (Yahoo), $1.7 billion
321. Amar Bose (Bose), $1.5 billion
321. Todd Wagner (Broadcast.com), $1.5 billion
321. Mark Zuckerberg (Facebook), $1.5 billion
355. Richard Egan (EMC), $1.4 billion
355. Vinod Khosla (Sun Microsystems), $1.4 billion
355. Theodore Waitt (Gateway), $1.4 billion

Replies to this Topic

The issue is not in awareness creation but in tolerating the way we are! May be people are more aware of the Inherent Pain (IP) associated with developing Indian Products(IP) and turning them into Intellectual Properties that can ultimately bring down Indian Poverty (IP) level.

Indians can build great products but building Indian products is more challenging because of the ECO system. Good to see there is GREAT HOPE & Possibilities.

If you see the list you will agree that the West Coast and specially, Silicon Valley is one of the dominant locations in this list  from where this wealth has been created. This has happened due to several factors. One of the major reasons ( other than the individuals) why wealth creation has been happening consistently in the West Coast is due to a fairly effective eco system that has come up over the years to support and nurture start ups and cutting edge research, be it in technology , lifestyle or life sciences. I met a few technology start ups recently in Phoenix in Arizona and I was amazed at the type of work that they were doing and they support they receive from the eco-system.

If you look at the Indian context, we have started laying the foundation for such an environment. How ever the eco system is not maturing at the speed that is necessary. I strongly believe that India has all the qualities to drive wealth creation in the knowledge economy . It will happen once the  speed of development changes from that of  a bullock cart to a motorcycle. 

 

 

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