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Indian-origin technopreneur ranked 10th on the under 40 rich list

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Arun Pudur, an Indian origin CEO of Malaysia-based Celframe Technology Group of Companies, has been named the 10th richest person under 40 by Wealth-X, a global wealth intelligence and prospecting company.

Pudur, who is currently worth $4 billion, started at the age of 13 fixing bikes, and breeding champion dogs and became a millionaire at an early age of 21.

The list which was topped by Mark Zuckerberg with personal wealth estimated to be around $35.1 billion, also featured two under 40 female billionaires, Yang Huiyan of China and an American biotech entrepreneur Elizabeth Holmes.

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Facebook CEO Mark Zuckerberg Set to Face Leadership Vote

Stamos said Zuckerberg needs to give up some of his control of Facebook and hire a new CEO

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2020, Facebook
FILE - Facebook CEO Mark Zuckerberg speaks at a Facebook developer conference in San Jose, California, May 1, 2018. VOA
Facebook CEO Mark Zuckerberg was likely to face a leadership vote at the social networking giant’s annual general meeting on Thursday to step down as Chairman.
According to the BBC, Zuckerberg was “unlikely to lose the vote because he owns 60 per cent of the company’s shares”.
“However, the percentage of shareholders who vote against him could indicate how much faith they have in his leadership,” said the report on Thursday.
Trillium Asset Management that owns about $7 million worth of Facebook shares is one of those advocating for Zuckerberg to step down.
The chorus is growing against Zuckerberg to step down as Chairman as the company under his leadership has failed to curb privacy violations.
Facebook
Facebook’s CEO Mark Zuckerberg. VOA
Zuckerberg has rejected the call for breaking up his company.
In an interview with French broadcaster France 2, Zuckerberg dismissed the claim made by his long-time friend and Facebook co-founder Chris Hughes that it is time to break up Facebook as Zuckerberg has yielded “unchecked power and influence far beyond that of anyone else in the private sector or in government”.
Former Facebook security chief Alex Stamos has also asked Zuckerberg to step down.
Stamos said Zuckerberg needs to give up some of his control of Facebook and hire a new CEO. (IANS)