Five Indian American Executives Made to Forbes' 2021 List of America's Richest Self-made Women

The Indian Americans who made it to the list include PepsiCo's former chair and CEO Indra Nooyi; Neha Narkhede, co-founder and former chief technology officer of Confluent; Jayshree Ullal, president and CEO of Arista Networks; Neerja Sethi, co-founder of Syntel; and Reshma Shetty, co-founder of Gingko Bioworks.

FREMONT, CA: Five Indian American women made it to the 2021 Forbes list of America's Richest Self-made Women, which was released on August 5th. The magazine also observed that the fortune's of the nation's richest self-made women skyrocketed 31 percent in the seventh annual ranking to $118 billion in the middle of a stock market boom.

A record 26 are now wealthy individuals, which also includes star mogul Rihanna and 23andMe's Anne Wojcicki. The Indian Americans who made it to the list include PepsiCo's former chair and CEO Indra Nooyi; Neha Narkhede, co-founder and former chief technology officer of Confluent; Jayshree Ullal, president and CEO of Arista Networks; Neerja Sethi, co-founder of Syntel; and Reshma Shetty, co-founder of Gingko Bioworks.

Forbes also stated that two-thirds of the 100 individuals founded or co-founded a company. 26 of them are CEOs and 15 are newcomers. The cutoff to make the ranks soared to $225 million, up from $150 million last year.

Here are the Indian American women on the list, in order of ranking:

Jayshree Ullal, who seized 16th on the list, has been president and CEO of Arista Networks, a computer networking firm with a net worth of $1.7 billion. She later joined the board of directors of Snowflake, a cloud computing company that went public in September 2020.

Ullal owns almost 5 percent of Arista's stock, some of which is set aside for her two children, niece and nephew.

With the Net Worth of Coming in at the 26th place is Neerja Sethi, with a net worth of $1 billion. According to Forbes, Sethi co-founded IT consulting and outsourcing firm Syntel in 1980 in their apartment in Michigan, Troy, with her husband Bharat Desai.

In October 2018, the French IT firm Atos SE paid $3.4 billion for Syntel, and Sethi received an estimated $510 million for her stake.