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Two Indians shine in Forbes list of richest Americans
9/22/2006 8:39:36 PM
Washington, Sep 22 Indian-Americans are not just climbing the corporate ladder but also taking the elevator to the richie rich club, leaving behind many US corporate moguls including those from Starbucks, eBay and Motorola.
Google Inc. Founder-director Kavitark Ram Shriram and Bose Corporation Chairman Amar Gopal Bose have both moved up the rankings in the list of Forbes' 400 Richest Americans.

Accoustics pioneer Bose and tech wizard Shriram have tied at the 242nd position in the list, ahead of Margaret C Whitman, the president and CEO of global online auction giant eBay Inc, Howard S Schultz, chairman of coffee retail giant Starbucks and Hilton Hotel chairman William Barron Hilton.

Bose and Shriram, who are now US citizens and worth 1.5 billion dollars each, have also beaten Rober William Galvin of telecom giant Motorola, Robert Drayton McLane Jr of world's largest retail Wal-Mart and Roy Edward Disney of Walt Disney.

While Shriram had entered the list at 258 in 2005, for Bose (ranked 283 in 2005) it is the fifth year in a row on the Forbes 400 list. The networth of Shriram and Bose have grown to 1.5 billion dollars each from 1.3 billion and 1.2 billion dollars respectively last year.

The feat achieved by Bose and Shriram comes close on the heels of four Indian expats -- Murli Kewalram Chanrai, Mustaq Ahmad, Sudhir Gupta and Kartar Singh Thakral -- making to the Singapore's Richest 40 list compiled by the same magazine.
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