Jun

5

Richest Indians in American towns

June 5, 2009 posted by indiatime |

In his new book, ‘The Richest Man in Town’, W. Randall Jones, the founder of the financial lifestyle magazine Worth, writes about the richest individuals in 100 American towns. The book looks only at the richest person in a particular town, not the second or the third-richest. So some very rich individuals have been left out, just because there was a richer individual living in the same town.

Researching all these successful individuals, Jones found 12 common traits, attributes he calls his 12 commandments of wealth :

1. Don’t seek money for money’s sake
2. Find your perfect niche
3. Be your own boss
4. Get addicted to ambition
5. Be early
6. Execute or get executed
7. Fail so you can succeed
8. Location doesn’t matter
9. Don’t compromise your morals
10. Embrace selling
11. Learn from the best and the worst
12. Never retire

There are three Indian-Americans who figure in this unique book. They are not the richest Indian in the United States, but are surely the richest in the towns they live in. And they definitely seem to be practising the commandments of wealth common to this elite group.

Brothers Karthik and Guha Bala are the richest people in their town of Albany, NY. Co-founders of Vicarious Visions, a video-game powerhouse, they have created over 100 video games, selling more than 20 million units. The Bala brothers founded their company while in high school, a childhood dream that began in their family basement.

The other richest Indian in an American town is Bharat Desai, the richest man in two different towns - Fisher Island, Florida and Troy, Michigan. With a net worth of close to $2 billion, Desai is the founder of Syntel, a company he founded about 30 years ago, now said to be employing a workforce of almost 12,000. Desai’s company provides IT services to corporations, and has a huge workforce that is based out of India.


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5 Comments so far

  1. Capt.Mike on June 18, 2009 6:41 pm

    PERSON WHO LEFT OUR COUNTRY IS NO MORE INDIAN AND SHOULD NOT BE TALKED ABOUT.BY LEAVING OUR COUNTRY HE HAS BECOME SECOND GRADE CITIZEN

  2. Ritu on July 15, 2009 4:25 pm

    ONE SURE FEELS PROUD TO BE AN INDIAN. GREAT GOING YOU ALL.

  3. Austin on August 11, 2009 1:19 pm

    Capt.Mike
    PERSON WHO LEFT OUR COUNTRY IS NO MORE INDIAN AND SHOULD NOT BE TALKED ABOUT.BY LEAVING OUR COUNTRY HE HAS BECOME SECOND GRADE CITIZEN
    =============================
    Really Capt.Mikey ???

  4. tage on August 26, 2009 1:01 am

    Ok so what about the big fund raising for independence done in the colonies from non resident Indians….The amount of money raised overseas to assist the independence movement came from indians who were working in the colonies. My father returned to the colony post independence on the tail wave of this fund raising. How soon people forget

  5. xhlzhwcojsb on November 7, 2009 2:34 am

    qsruEF lmbtmqzzbnmh, [url=http://lqrsauwggmxa.com/]lqrsauwggmxa[/url], [link=http://owdpmjfwslyg.com/]owdpmjfwslyg[/link], http://yzqjjkzlkznk.com/

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