Arun Pudur, the owner and president of software firm Celframe, topped the Wealth-X List of Asia’s wealthiest entrepreneur under the age of 40 with an estimated net worth of 4 billion US dollars.
It was revealed by Wealth-X on 12 May 2015.
Pudur is a 37 year old native of Chennai and founded the software firm Celframe in 1998 which produces the world’s second most popular word processor after Microsoft.
He also has assets tied up in diversified businesses in the fields of mining and real estate and ranked 10th on a Wealth-X list of the world’s richest billionaires under 40 released in March 2015 that included Facebook co-founder Mark Zuckerberg and other technopreneurs.
Nine of the self-made billionaires on the Wealth-X top 10 list made their fortunes from the technology sector. The only exception is 35-year-old Zhang Bangxin from China, who made his wealth from tutoring services company TAL Education Group. Zhang’s estimated net worth of 2.2 billion US dollars puts him in the third spot on the list.
The youngest entrepreneur on the list is 32-year-old Leo Chen. He is the chairman and CEO of Jumei International Holding one of China’s largest online cosmetics retailers.
Wealth-X is a reputed agency on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors. It has operations in 10 locations including Singapore, London and New York. Its award-winning research and thought leadership are regularly cited by the world’s media such as CNBC, Financial Times, Thomson Reuters and BBC.
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Who: Arun Pudur
When: 12 May 2015