Four Indian Americans are among America’s super-rich with Microsoft Corp co-founder Bill Gates still holding the top spot on the Forbes 400 list of wealthiest Americans with a fortune of $50 billion.
Warren Buffett, who’s worth $40 billion, comes in No.2 in the Forbes magazine’s annual ranking, followed by Oracle founder Lawrence Ellison ($27 billion) and members of the Walton family, owners of Walmart. The four Waltons have fortunes between $21.5 billion and $19 billion.
The number of list members losing value more than doubled to 314, compared with 126 in 2008.
Billionaires fell to 391 from 489, as the biggest economic slump since the Great Depression set in.
There’s a lot of people who think most of the people on this list grew up with a silver spoon but, in fact, 274 of the 400 are entirely self-made, meaning they came from humble origins. Another 52 inherited a small fortune and turned it into a very large one says Forbes.
Bharat Desai
Bharat Desai
#212 – Among India-origin people, Bharat Desai and family of software firm Syntel is ranked 212th with an estimated net worth of $1.65 billion.
Bharat Desai & family: Born in Kenya, spent teens in India. Earned engineering degree from Indian Institute of Technology; moved to US after landing programming job for Tata Consultancy Services in 1976.
Kavitark Ram Shriram
Kavitark Ram Shriram
#272 – Kavitark Ram Shriram, ace venture capitalist and one of the founder directors of Google, with an estimated wealth of $1.45 billion is in the 272nd spot in the list of 400 richest Americans named by Forbes.
Kavitark Ram Shriram is India-born entrepreneur joined Netscape 1994. Created online shopping site Junglee; sold to Amazon in 1998.
Founded venture firm Sherpalo 2000, became early investor, board member of Google.
Romesh Wadhwani
Romesh Wadhwani
#277 – Software entrepreneur Romesh Wadhwani and family are placed at the 277th spot with a wealth of $1.4 billion.
62-yr-old Romesh Wadhwani is an IIT-Bombay passout and moved to US in 1969 to pursue his Ph.D. in electrical engineering at Carnegie Mellon.
He founded a software firm, Aspect in 1991 and sold it off during the dot-com exuberance.
Romesh Wadhwani & family – Rode tech bubble onto The Forbes 400 in 1999 with $9.3 billion sale of Aspect Development software firm to i2 Technologies.
All-stock deal left fortune depleted 4 years later.
Vinod Khosla
Vinod Khosla
#347 – The fourth Indian on the list is noted venture capitalist Vinod Khosla. With estimated wealth of $1.1 billion, he stands at 347th position.
Vinod Khosla is a Venture capitalist continues to flog the green theme: dismisses wind power, electric cars as too expensive, unreliable to become mainstream.
Partners India-born founded Sun Microsystems in 1985.
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Thursday, October 1, 2009
Thursday, July 23, 2009
High Tide (Tsunami) Warnings In Mumbai (Bombay) on 24 July To 26 July 2009
- High Tide (Tsunami) Warnings In Mumbai (Bombay) July 2009.
Mumbai Municipal Corporation (BMC) published the 19 days of high tide as Red letter days in the rainy season between June 22 and September 21 for this year, this means when the crest of waves at high tide is over four meters and there is heavy rain at same time, and the possibility of the city flooding is very high.
The metropolis would experience one of the highest tides of 5.05 m in the last 100 years on July 24, 2009.
Additional Commissioner of Brihanmumbai Municipal Corporation (BMC), Kishore Gajbhiye said this.
”Mumbai will experience probably the biggest high tide. In July 2005, when the city had experienced floods, the high tide was of 4.85 m.
On July 24 this year, the high tide will be of 5.05 m.
This year, the city will experience high tide on 22 days during the Monsoon,” Mr Gajbhiye said.
”On July 23, the high tide will be of 5.01 metres. If the high tide will be accompanied by heavy rains, the city will witness floods.
In such a situation, people should take due care and not leave their homes,” he said.
Warning by the government:
HEAVY TO VERY HEAVY RAINFALL LIKELY TO OCCUR AT ISOLATED PLACES IN GHAT AREAS,GOA, IN THE DISTRICTS OF THANE, RAIGAD, RATNAGIRI AND SINDHUDURG AND IN MADHYA MAHARASHTRA DURING NEXT 24 HOURS.
HEAVY RAINFALL LIKELY TO OCCUR AT ISOLATED PLACES IN GREATER MUMBAI AND OVER MARATHWADA AND VIDHARBHA DURING THE SAME PERIOD.
Flights, especially domestic ones, were deferred by about an hour. “For the past two days, operations have been affected due to rain,” said an airport source.
Although visibility was poor on Sunday morning, international flights heading West remained largely unaffected.
Sources:http://www.news-relay.com/latest-news/high-tide-tsunami-warnings-in-mumbai-bombay-on-24-july-to-26-july-2009/
Mumbai to get highest tide in 100 years
Mumbai to get highest tide in 100 yearsIANS 15 minutes ago India's financial capital braces for a massive 5.5 metre high tidal wave, billed as the highest in 100 years, to lash it on Friday afternoon.
news by : http://www.news-relay.com/ |
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Friday, April 17, 2009
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