Five Indian-origin women in America’s richest self-made women list

Five Indian-origin women in America’s richest self-made women list

Jayshree V Ullal, president and CEO of Arista Networks made it to number 15, Neerja Sethi, co-founder of Syntel figured ranked number 24, Neha Narkhede, co-founder and former CTO of Confluent at number 57, Indra Nooyi the former PepsiCo CEO ranked number 85, and Reshma Shetty, co-founder of Ginkgo Bioworks at number 97.

Jayshree Ullal

Born in London and raised in India, she is one of America’s wealthiest female executives. Ullal topped the list for the fifth consecutive year and last year became the first self-made woman in America to boast a fortune of $10 billion or more.

She attended San Francisco State University where she graduated with a B.S. in electrical engineering. She went to Santa Clara University where she received a master’s degree in engineering management.

Ullal has been president and CEO of Arista Networks, a computer networking firm, since 2008. She joined Arista when it had no revenues and fewer than 50 employees. She joined the board of directors of Snowflake, a cloud computing company that went public in September 2020.

The publicly-traded company reported revenue of $2.3 billion in 2020, down nearly 4% from 2019. Ullal owns about 5 percent of Arista’s stock, some of which is assigned to her two children, a niece, and a nephew. In August 2018, Arista settled a multi-year patent infringement battle with Cisco, Ullal’s former employer, agreeing to pay Cisco $400 million.

Five Indian-origin women feature in the Forbes annual list of America’s richest self-made women list. According to the US business magazine, they have made their fortunes in a variety of businesses such as entertainment, healthcare, technology, cosmetics, fashion, and others. This year’s list required a minimum net worth of $215 million.

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