The number of foreign-born billionaires residing in the United States has surged to a record 125 in 2025, up from 92 in 2022, according to a Forbes report. Together, they command a combined net worth of $1.3 trillion. To be included in the list, individuals must be U.S. citizens living in the country as of July 7 with a qualifying net worth. Forbes compiled the list using publicly available information, and countries of origin are based on place of birth—not ethnic roots or secondary migrations. For instance, Syntel co-founder Bharat Desai is listed as from Kenya, though his heritage traces back to India. India leads all nations with 12 U.S.-based immigrant billionaires, followed closely by Taiwan and Israel, each with 11. Notable new entrants include Sundar Pichai (Alphabet CEO), Satya Nadella (Microsoft CEO), and Nikesh Arora (Palo Alto Networks CEO). While over 25% of America’s overall billionaire population inherited their wealth, 93% of immigrant billionaires are self-made. “The motivation level is just totally different,” aviation mogul Steven Udvar-Hazy told Forbes. South Asians on the list include: Jay Chaudhry (India) – $17.9 billion, CEO & founder of Zscaler Vinod Khosla (India) – $9.2 billion, co-founder of Sun Microsystems Rakesh Gangwal (India) – $6.6 billion, co-founder of IndiGo Romesh Wadhwani (India) – $5.0 billion, Symphony Technology CEO Rajiv Jain (India) – $4.8 billion, founder of GQG Partners Jayshree Ullal (UK/India) – $4.8 billion, CEO of Arista Networks Sanjit Biswas (Canada) – $4.5 billion, CEO of Samsara Ram Shriram (India) – $3.0 billion, early investor in Google Raj Sardana (India) – $2.0 billion, founder of Innova Solutions Bharat Desai (Kenya/India) – $1.6 billion, co-founder of Syntel David Paul (India) – $1.5 billion, CEO of Globus Medical Nikesh Arora (India) – $1.4 billion, CEO of Palo Alto Networks Sundar Pichai (India) – $1.1 billion, CEO of Alphabet Satya Nadella (India) – $1.1 billion, CEO of Microsoft Neerja Sethi (India) – $1.0 billion, co-founder of Syntel The report highlights the remarkable rise of self-made immigrant entrepreneurs in the U.S., especially from India, who continue to shape the global tech and business landscape.
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