India has emerged as the leading country of origin for billionaire immigrants in the United States, according to Forbes‘ America’s Richest Immigrants 2025 list, published on Wednesday. The list reveals that 12 of the 125 foreign-born billionaires currently residing in the US hail from India — a sharp rise from just seven in 2022.
Cybersecurity magnate and Zscaler CEO Jay Chaudhry is the richest Indian-American on the list, with a net worth of over $17.9 billion. Other high-profile Indian-origin billionaires include Alphabet CEO Sundar Pichai, Microsoft’s Satya Nadella, and Vinod Khosla of Khosla Ventures.
| Rank | Name | Net Worth | Change | Industry / Company | Country of Origin |
|---|---|---|---|---|---|
| 8 | Jay Chaudhry | $17.9B | UP | Security software (Zscaler) | 🇮🇳 India |
| 17 | Vinod Khosla | $9.2B | UP | Sun Microsystems, Venture Capital | 🇮🇳 India |
| 29 | Rakesh Gangwal | $6.6B | UP | Airline (IndiGo) | 🇮🇳 India |
| 38 | Romesh T. Wadhwani | $5.0B | UP | Software | 🇮🇳 India |
| 40 | Rajiv Jain | $4.8B | NEW | Finance | 🇮🇳 India |
| 64 | Kavitark Ram Shriram | $3.0B | UP | Google, Venture Capital | 🇮🇳 India |
| 86 | Raj Sardana | $2.0B | NEW | Technology Services | 🇮🇳 India |
| 101 | David Paul | $1.5B | DOWN | Medical Devices | 🇮🇳 India |
| 103 | Nikesh Arora | $1.4B | NEW | Cybersecurity, SoftBank, Google | 🇮🇳 India |
| 119 | Sundar Pichai | $1.1B | NEW | Alphabet | 🇮🇳 India |
| 120 | Satya Nadella | $1.1B | NEW | Microsoft | 🇮🇳 India |
| 123 | Neerja Sethi | $1.0B | EVEN | IT Consulting | 🇮🇳 India |
India now surpasses Israel and China, each of which had previously outpaced New Delhi in 2022. Israel and Taiwan follow closely behind India with 11 billionaire immigrants each, while China has eight.
The report highlights that the 125 billionaire immigrants — all foreign-born US citizens — collectively hold $1.3 trillion in wealth, accounting for 18% of America’s total billionaire wealth, which stands at $7.2 trillion. They represent 14% of the nearly 900 billionaires in the US and come from 43 different countries.
Two Australian-origin billionaires have made it to Forbes’ America’s Richest Immigrants 2025 list. Media mogul Rupert Murdoch and family, with a fortune of $24 billion, ranks sixth overall. His global media empire spans newspapers and television networks, including Fox News. Joining him on the list is Michael Dorrell, co-founder of investment firm Stonepeak, with an estimated net worth of $8.5 billion. Both exemplify the global impact of Australian entrepreneurs in the United States.
| Rank | Name | Net Worth | Change | Industry / Company | Country of Origin |
|---|---|---|---|---|---|
| 6 | Rupert Murdoch & family | $24.0B | UP | Newspapers, TV network | 🇦🇺 Australia |
| 21 | Michael Dorrell | $8.5B | NEW | Investing | 🇦🇺 Australia |
Tesla and SpaceX CEO Elon Musk, born in South Africa and now a naturalised US citizen, tops the overall list with a staggering fortune estimated at nearly $393.1 billion. He is followed by Google co-founder Sergey Brin, a Russian-born tech entrepreneur with a net worth of $139.7 billion, and Nvidia’s Taiwanese-born CEO Jensen Huang, whose fortune is estimated at $137.9 billion.
Jensen Huang’s story is especially noteworthy, as he is one of 11 billionaire immigrants from Taiwan — up from just four in 2022 — reflecting the fastest rise among any country in this year’s rankings. His cousin, AMD CEO Lisa Su, also joins the list as one of only 17 female billionaire immigrants, up from 10 two years ago.
The Forbes list also underscores that 93% of these immigrant billionaires are self-made, with nearly two-thirds making their fortunes in either tech (53 individuals) or finance (28).
Forbes defined billionaire immigrants as foreign-born American citizens currently living in the United States with an estimated net worth of at least $1 billion.
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