Moneycontrol PRO
HomeNewsTrendsHimachal-born Jay Chaudhry is 9th richest Indian after net worth rises by 271% in 2020

Himachal-born Jay Chaudhry is 9th richest Indian after net worth rises by 271% in 2020

Jay Chaudhry and his family own 45 percent of the Nasdaq-listed Zscaler, which is today worth $28 billion.

March 04, 2021 / 12:17 IST

Himachal Pradesh-born Jay Chaudhry, the owner of the cybersecurity firm Zscaler, is among the top-10 Indian billionaires in the USA, as per the 10th edition of Hurun Global Rich List.

Born as Jagtar Singh in Panoh village of Himachal Pradesh’s Una district, Chaudhry climbed 577 spots in Hurun Global Rich List 2021.

The soaring wealth has grabbed him a spot among India’s top ten richest, where he stands at the 9th position.

Chaudhry is now a US citizen and the CEO of Zscaler, a cyber-security company. Chaudhry and his family own 45% of the Nasdaq-listed Zscaler, which is today worth $28 billion.

In Pics | Hurun’s India Rich List 2021: Here are the top 10 wealthy Indians on the list

As per reports, Chaudhry used to walk 4 km every day to his school and his teachers remember him as a brilliant student and a class topper. He graduated from BHU, Varanasi, and later got master's and MBA degrees from the University of Cincinnati.

According to the Hurun list, Chaudhry's net worth rose by 271 percent in 2020 to $13 billion. The shift to digital technologies amid the COVID-19 pandemic⁠ significantly contributed to the rise of the security firm's wealth.

With a net worth of 6.9 billion US dollars, Chaudhry was included in the 2020 Forbes 400 list of richest people in America, positioned 85th in the list. He was one among the seven Indian-Americans who made the list.

According to the Hurun list Besides Jay, there are a total of 208 Indian billionaires in the world, including 32 living outside the country. Of these, around 61 billionaires in India reside in Mumbai, followed by Delhi with 40 and Bengaluru at 22.

Moneycontrol News
first published: Mar 4, 2021 12:17 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347