Cybersecurity
Himalayas-Born Cyber Tycoon Climbs Into World's Richest Club
- Zscaler’s Chaudhry, Fortinet’s Xie brothers are billionaires
- Shares of Zscaler have more than tripled since March IPO
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Decades before he joined the ranks of Silicon Valley’s super rich, Jay Chaudhry lived with his parents in a Himalayan village without running water.
The founder of Zscaler Inc. is now part of a growing wave of billionaires who have built cybersecurity businesses. Chaudhry, 60, and his family benefit from stakes in the San Jose-based firm worth almost $3.4 billion. He along with six other cybersecurity software tycoons to emerge with 10-figure fortunes in the past year are worth about $10 billion combined, according to the Bloomberg Billionaires Index, and together represent the latest wealth surge among the founders of internet-focused firms.