Friday, February 6, 2009
World's richest tech CEOs
Forbes recently released its annual list of the world's top 10 wealthiest CEOs. The list comes at a time when the world economy is facing one of the worst recessions. A financial crisis which has left no economy, industry or vertical untouched. Be it IT, banking and finance, hospitality, travel or manufacturing, all are under strain. Little surprising then that the Forbes rich list too exhibits recession pangs. Though the representation from the technology industry on the list remained static at four, all tech honchos saw a sharp drop in their holdings from the past year. One big omission in this year's list is Wipro's chief Azim Premji. The economic tremors in BFSI industry and the US, the company's biggest customers and market respectively have hammered its stock badly and retarded revenue growth. However, Premji's exit paved way for another Desi CEO, Sunil Mittal of Bharti Group. Here are the wealthiest tech CEOs from the list.
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