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NEW YORK – Four Indian-Americans rank among America’s richest people on the newly released 41st annual Forbes 400 list.
The richest Indian Americans are: Jay Chaudry (Rank 79) $8.3 billion. Vinod Khosla (Rank 181) $5.4 billion. Ramesh Wadwani (Rank 196) $5.1 billion.When Rakesh Ganwar (Rank 261) for $4.1 billion.
The Forbes 400 list is a wealth time snapshot using stock prices on September 2, 2022.
“The rich don’t always get rich,” he said. Chase Peterson-Whithorn, Vice Wealth Editor, Forbes. “Like many Americans, the country’s richest 400 are feeling the stock market slowdown. They are overall 11% poorer than they were a year ago. It’s ahead, worth $4 trillion overall, $1 trillion more than it was in fall 2019, just before the pandemic.”
Elon Musk won the top spot for the first time ever, displacing the former Amazon CEO. Jeff BezosIt held the top spot for four consecutive years. That’s partly because electric car maker Tesla’s stock has risen 11% from last year’s list, and a new round of funding for his private rocket business, SpaceX.
For the first time since the Great Recession, the cutoff for joining the ranks of America’s richest people has been lowered. , decreased to $2.7 billion. The list creator’s total net worth also fell for the first time since the Great Recession. The Forbes 400 is now worth $4 trillion, down $500 billion from last year’s record-breaking $4.5 trillion, but still the second highest ranking Forbes has recorded since the list began in 1982. . I have joined the list in the past and am now rejoining.
There were 41 dropoffs on this year’s list, including: Cameron When Tyler Winklevossco-founder of crypto exchange Gemini. donald trump Returned to the list after being dropped from the rankings in 2021.
As part of the Forbes 400 package each year, Forbes scores billionaires based on their charitable contributions. The score ranks list members on a scale of 1 to 5, with 5 being the most charitable. The team estimated the lifetime contributions of list members based on public filings (including private foundation tax forms, press releases, etc.) and the percentage of property contributed. Only nine members of her Forbes 400 have donated more than 20% of her net worth in her lifetime. Over a third of the Forbes 400 donate less than 1% of their wealth.
The Forbes 400 magazine issue features five consecutive covers.
- Mark Cuban: Mark Cuban has never lost his passion for disruption. Now, billionaire entrepreneurs have ambitious plans to take on big pharma and bring down the cost of prescription drugs completely. And after 13 seasons, this clever shark may finally be ready to leave the tank.
- Diane HendricksDiane Hendricks became the country’s most successful businesswoman after having a child at 17, earning a living working as a Playboy Bunny, surviving cancer twice, and surviving the tragic death of her husband. She has tripled her net worth over the past five years. Next up is fixing the country’s schools and infrastructure before blowing it red, white, and blowing.
- Hayes Bernard: Hayes Bernard figured out how to make expensive solar power economically accessible to most homeowners. In his Forbes 400 debut, his ambitions are even higher: to turn every American’s dream green.
- Rob Hale: Rob Hale, CEO of Granite Telecommunications, became a millionaire using technology patented in 1876 by Alexander Graham Bell.st century.
- Joe Kiani: As the child of Iranian immigrants in the Deep South, Joe Kiani overcame overwhelming odds of becoming a billionaire. So why should he push his crappy medical monitoring company into consumer electronics and be afraid to challenge a company 100 times his size?
For more information on Forbes 400 rankings, methodology and more, visit www.forbes.com/forbes-400/.
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