New Delhi: India has produced 179 more super-rich people this year and the number of such persons has crossed the 1,000 mark. According to the Hurun India-IIFL Wealth Rich List published on Thursday, there are four newcomers in the top ten, including steel tycoon Lakshmi Mittal of ArcelorMittal, Kumar Mangalam Birla of Aditya Birla Group, and Jay Choudhury of California-based cloud computing. and cyber security firm Zscaler.
There are 1,007 people in the country with assets of more than Rs 1,000 crore, of which 13 have assets of more than Rs 1 lakh crore. Hurun India-IIFL Wealth Rich List .
“Jay Choudhary, 62, of California-based enterprise cloud cybersecurity firm zscaler, made it to India’s top 10 for the first time due to the growing demand for cybersecurity services due to a series of ransomware attacks on our institutions.” The report said.
As per the list, Choudhary’s daily wealth creation velocity is Rs 153 crore since the 2020 list. The Himachal Pradesh-born IIT alumnus founded the cyber security firm in 2007 and currently owns 42 per cent of the Nasdaq listed firm, which has a market cap of Rs 2,81,000 crore.
“The growing demand for enterprise cyber security services amid corporate ransomware attacks contributed to an 85% increase in Choudhary’s wealth and entered the top 10 of the IIFL Wealth Hurun India Rich List 2021”, the report said. has gone.
In terms of IIFL Wealth Hurun India Rich List 2021 – The Biggest Gainers by Wealth Gain, Jai Choudhary earned 1,21,600 in the year.
Zscaler was founded and incorporated in 2007 and has approximately 1,600 employees worldwide (as of December 2019). The initial public offering of Zscaler took place in March 2018.
Jay is a skilled entrepreneur who has founded several successful companies including AirDefense, CipherTrust, CoreHarbor, SecureIT, and Zscaler, which is now a public company as of March 16, 2018, reads Zscaler’s website.
Before founding Zscaler in 2008, he founded and led AirDefense, a wireless security pioneer, before its acquisition by Motorola. From 2000 to 2006, Jay founded and led CipherTrust, the industry’s first email security gateway, before merging with Secure Computing. He also founded and led CoreHarbor, a managed ecommerce solution, before it was acquired by USi/AT&T. Before being acquired by VeriSign in 1998, Jay founded and led his first company, SecureIT, the first pure-play Internet security service.
Jay earned an MBA in Marketing, an MS in Computer Engineering and an MS in Industrial Engineering – all from the University of Cincinnati. He holds a Bachelor of Technology degree in Electronics Engineering from IIT BHU Varanasi. He has completed Executive Management program from Harvard Business School.
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