Thread by @BiIndia

Meet Jay Chaudhry (@JayZscaler), the man who studied under a tree in #Himachal to become one of the world’s top billionaires today

@zscaler

businessinsider.in/thelife/person…

By @SanchDash

@JayZscaler @zscaler @SanchDash The 62-year old Jay Chaudhry, the owner of the cybersecurity firm @zscaler, has climbed 577 spots in #HurunGlobalRichList2021, and has also made his way into being one of India’s top ten richest.

@JayZscaler @zscaler @SanchDash Chaudhry and his family own 45% of the #Nasdaq-listed ZScaler, which is today worth $28 billion.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash According to the Hurun list, Chaudhry saw his net worth grow by 271% last year to $13 billion.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash The faster adoption of digital technologies since the #COVID19Pandemic - like in the case of video conferencing apps like #Zoom or content platforms like #Netflix⁠— helped Chaudhry’s company too.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash “There is an accelerated market shift towards work from anywhere, which is the world @zscaler was built for,” he said after the company declared its latest quarterly earnings.

#HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash Chaudhry grew up in a Himalayan village called Panoh, in the Una district of #HimachalPradesh. During his childhood, with no access to electricity, Chaudhry studied under trees.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash He founded @zscaler in 2008 and closed its initial public offering in 2018. On its first day of trading the company closed at $33, which was 106% of the listing price of $16.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash “My success so far has mainly been because I have very little attachment for money. My obsession is really to make sure that the internet and cloud are a safe place for everyone to do business," he told Business Standard in 2019.

@zscaler #HurunGlobalRichList2021

@JayZscaler @zscaler @SanchDash For Chaudhry, this isn’t the first time he’s seeing success. The IIT BHU graduate with an MBA from University of Cincinnati, is a serial entrepreneur.

@zscaler #HurunGlobalRichList2021