Romesh T. Wadhwani Net Worth:
Romesh T. Wadhwani Net Worth: Romesh T. Wadhwani is an American billionaire with a net worth of $2.5 billion. He first entered the list of the world’s richest when he sold his software company Aspect Development Capital to i2 Technologies for $9.3 billion in stock during the dot-com bubble.
But when the so-called tech bubble burst and i2 shares plummeted, Wadhwani lost most of his net worth. Next, he invested $250 million to start, acquire or build the various IT companies he chairs, now Symphony Technologies Group. The move propelled him back into the ranks of billionaires in 2010. Wadhwanee’s STG has total revenue of $2 billion and employs more than 14,000 people. Romesh T. Wadhwani earned credit for the company’s massive expansion, as he came to the United States in 1969 on just a few dollars. He first graduated from the Indian Institute of Technology in Mumbai and then received his Ph.D. Electrical Engineering from Carnegie Mellon University. With the Wadhwani Foundation, which has over $100 million in assets, he intends to accelerate India’s economic development and job creation, supporting Indian universities’ youth skills development institutes and entrepreneurial networks. Today, Wadhwani is one of the billionaires who signed the Bill Gates and Warren Buffett Giving Pledge and sits on the boards of the Kennedy Center and the Center for Strategic and International Studies.
