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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.

india Updated: Sep 24, 2005 10:50 IST

Indian tech wizard Kavitark Ram Shriram and acoustics pioneer Amar Gopal Bose figure in this year’s Forbes list of 400 richest Americans.

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.

First Published: Sep 24, 2005 00:41 IST