2 PIOs on Forbes list of US’ richest self- made women
New York: Indian- origin technology executives Jayshree Ullal and Neerja Sethi have made it to the Forbes’ list of America’s 60 richest self- made women, with 21- year- old reality- TV star and entrepreneur Kylie Jenner the youngest to be featured in the power list.
Ullal is ranked 18th in the list of 60 self- made women, having a net worth of $ 1.3 billion while Sethi is ranked 21st with a net worth of a billion dollars.
“America’s top female entrepreneurs have shattered ceilings and scaled new heights, creating companies and building fortunes in everything from genetic testing to aerospace. Increasingly these self- made starters are tapping social media to cement their brands and build businesses ever more quickly. That in turn has helped the nation’s most successful women become richer than ever before,” Forbes said.
Born in London and raised in India, Ullal, 57 has been president and CEO of Arista Networks, a computer networking firm, since 2008. The publiclytraded company recorded revenues of $ 1.6 billion in 2017. Forbes said Ullal owns about five per cent of Arista’s stock, some of which is earmarked for her two children, niece and nephew.
Sethi, 63, is the vice president of IT consulting and outsourcing company Syntel, a company she cofounded with her husband Bharat Desai in 1980 in their apartment in Troy, Michigan. Starting out with an initial investment of just $ 2,000, they pulled in a mere $ 30,000 in firstyear sales.