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Indians among 400 richest Americans

Tech wizard Kavitark Ram Shriram and acoustics pioneer Amar Gopal Bose figure in this year?s Forbes 400 list, reports S Rajagopalan.

Updated on: Sep 24, 2005, 10:50:00 IST
PTI | By , Washington, D.C.
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Indian tech wizard Kavitark Ram Shriram and acoustics pioneer Amar Gopal Bose figure in this year’s Forbes list of 400 richest Americans.

HT Image
HT Image

The net worth of Shriram, a director with Google Inc since 1998, is $1.3 billion. And Bose, the MIT engineer who invented Bose speakers and set up the renowned Bose Corporation, is worth $1.2 billion.

Shriram, catapulted by Google’s big splash on the Wall Street following its IPO last year, has made the cut for the first time.

Featured 258th on the list, Shriram raked in $400 million by selling Google stock.

He still owns 3.4 million shares worth about $960 million.

For Bose, it is the fourth year in a row on the Forbes 400 list, placed in the 283rd slot this time. The Philadelphia, Pennsylvania-born Bose, a byword in acoustics with his ground-breaking loudspeaker design, has steadily expanded the product line of his company.

The Bose Corporation now boasts of a $1.7 billion sales turnover.

The Forbes 400 list, as usual, is headed by Microsoft chief Bill Gates. His fortunes have risen to $51 billion from $48 billion a year ago.

Gates is followed once again by investor Warren Buffett, with a net worth of
$40 billion.

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