Jay Chaudhry is the founder and CEO of Zscaler and currently stands at the 200th position in the Forbes List of the world's richest people. With an estimated net worth of 11 billion USD, Jay Chaudhry is the wealthiest Indian in the United States of America. Despite being born into a farmer's family and not having adequate resources like electricity, running water, or proper school, Jay Chaudhry's success story inspires billions of youngsters worldwide.
The billionaire business tycoon, Jay Chaudhry founded his company, Zscaler, in 2008. After over 15 years, it is now one of the biggest and most trusted companies in the cybersecurity sector. According to multiple reports, the estimated market value of Jay Chaudhry's Zscaler is around the mammoth figure of 30 billion USD. The renowned cybersecurity company's annual revenue is close to the staggering mark of 1.6 billion USD.
Currently, Jay Chaudhry is one of the most recognised billionaires in the world. However, not everyone is aware of the fact that the late legendary industrialist and philanthropist, JRD Tata is the man, who played a huge role in Jay Chaudhry's success story. For the uninitiated, Jay was born on August 26, 1958, in a small village named Panoh, which was in Punjab's Una district but is now a part of Himachal Pradesh. His parents, Surjeet Chaudhry and Bhagat Chaudhry were small-scale farmers. The village was in an extremely remote area with no electricity or running water facility. The nearest school was 4 km away from Panoh in Dhusara village, and every day Jay had to walk a total distance of 8 km.
However, things changed when Jay Chaudhry went to IIT (BHU) Varanasi to pursue a bachelor's degree in electronics engineering. He graduated with flying colours and was shortlisted among the top 30 students who will be sent to the United States of America for post-graduation by the Tata Group. JRD Tata started the initiative, and every year, Tata Group sponsors the education of underprivileged or talented students who have the potential to make it big in the world. As a result, Jay Chaudhry took admission to the University of Cincinnati and pursued a master's degree in industrial engineering, marketing, and computer engineering.
After completing his education, Jay Chaudhry worked in a series of companies and got married to a girl named Jyoti. Both Jay and Jyoti belong to the same sector, technology. While Jay has worked at companies like Unisys, IBM, and IQ Software, Jyoti worked as a systems analyst at BellSouth. The couple welcomed three kids in the following years and were leading a happy married life. However, after some time, Jay Chaudhry decided to open his own company, SecureIT, but he needed more funds to establish it.
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It was when his wife, Jyoti Chaudhry quit her job and gave all her life savings to her husband, Jay Chaudhry, telling him that she would join him in his company. It was a life-changing moment for Jay, who needed someone to help him with funds and believe in him. Finally, the couple merged their savings, and it touched the mark of Rs. 4 crore and founded their company, SecureIT, in 1996. Within the first 18 months of their launch, they deployed their firewall in almost 50 per cent of the Fortune 500. After making enough profit, they sold SecureIT to tech-giant, VeriSign in a groundbreaking all-stock deal valued at nearly 70 million USD.
After cracking the 70 million USD deal with VeriSign, Jay Chaudhry and Jyoti Chaudhry became millionaires and continued thriving in the following years. The businessman went on to establish and sell two more companies, CipherTrust and CoreHarbor and AirDefense, making huge profits. In 2007, Jay founded Zscaler and the rest is history. The billionaire couple currently resides in Reno, United States.
What are your thoughts on how Jyoti Chaudhry has supported her husband, Jay Chaudhry and played the ultimate role in his journey to become the richest Indian in the USA? Let us know.
Also Read: Mukesh Ambani Vs Gautam Adani: From Billionaire In-Laws To Stunning And Successful Daughters-In-Law
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