Portrait of Romesh T. Wadhwani

Rank #754

Romesh T. Wadhwani

Net worth $5.5B

Software · United States

Born
Aug 25, 1947
Age
78
Source
Software
Residence
Palo Alto, California
Citizenship
United States
Marital status
Married
Children
1
Education
Doctorate, Carnegie Mellon University; Master of Science, Carnegie Mellon University; Bachelor of Arts/Science, Indian Institute of Technology, Bombay

Net worth over time

Biography

  • Romesh Wadhwani is chairman of Symphony AI, an enterprise AI firm with operations in retail, financial services and manufacturing that he founded in 2017.
  • He stepped down as CEO of SymphonyAI at the start of 2022.
  • He is also chairman of ConcertAI, an AI company focused on healthcare and life sciences that was valued at $1.9 billion by venture capital investors in 2022.
  • Wadhwani first became a billionaire in 2000 after i2 Technologies acquired Aspect Development, a software firm he founded, for $9.3 billion in stock.
  • Raised in India, Wadhwani first studied at the Indian Institute of Technology, then got a PhD in electrical engineering from Carnegie Mellon University in 1972.
  • Born in present day Pakistan, Wadhwani was only a few days old when his parents fled to India as the British Indian Empire underwent partition.
  • He and his brother, Sunil, founded the Wadhwani Institute of Artificial Intelligence at the University of Mumbai in 2018, committing over $30 million in support.