⬅ # 203 Ernesto Bertarelli|# 205 Robert Kuok ➡

# 204 Jay Chaudhry 

$11.1B

Real Time Net Worth
as of 12/19/2024
$243.7M (2.20%)

# 204 Jay Chaudhry 

$11.1B

Real Time Net Worth
as of 12/19/2024
$243.7M (2.20%)
OccupationFounder, Chair and CEO of Zscaler
Source of WealthSecurity Software
Age65
ResidenceReno, Nevada
Marital StatusMarried
Children3
EducationBachelor of Technology, Indian Institute of Technology, BHU
Age-Adjusted Net Worth$7.88B
Jay Chaudhry
Jay Chaudhry
United States
Net worth: $11.1B

Self-Made Score 

TAG Heuer Formula 1 Chronograph

Wealth History

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Biography

Early Life

Jay Chaudhry, born on August 26, 1958, is an Indian-American technology entrepreneur and the CEO and founder of Zscaler.
He was born in Panoh, a village in the Una district of Himachal Pradesh, India, with no running water or electricity until he was a teenager.
Chaudhry's parents were small-scale farmers, and he was the youngest of three sons.
He earned a bachelor's degree in electronics engineering from the Institute of Technology, Banaras Hindu University.
At age 22, in 1980, he moved to the United States to attend the University of Cincinnati, obtaining master's degrees in industrial engineering, computer engineering, and marketing.

Career

Chaudhry worked at IBM, Unisys, and NCR in engineering, sales, marketing, and management roles before becoming a serial entrepreneur.
Founded SecureIT in 1996 with his wife, which was later acquired by Verisign in 1998.
Launched CipherTrust in 2000, an email security company, later acquired by Secure Computing Corporation in 2006 for $274 million.
In 2000, he also founded CoreHarbor, a managed e-commerce platform, later acquired by USi/AT&T.
Launched AirDefense in 2002, a wireless security company, which was acquired by Motorola in 2008.
Founded Zscaler in 2007, a Zero Trust cloud security company, which went public in March 2018.

Zscaler Details

Zscaler's Zero Trust Exchange processes over 360 billion transactions and 500 trillion signals daily.
The company's cybersecurity solutions use context to determine safe access, reducing an organization's attack surface and ensuring greater cybersecurity protection.
Over 40% of Fortune 500 companies depend on Zscaler for handling over 300 billion requests through their cloud every day.

Entrepreneurship and Leadership

Chaudhry emphasizes the importance of putting personal money into the business for a lasting culture and success.
Attributes his success to having little attachment to money, with a focus on making the internet and cloud a safe place for everyone.
Stresses the significance of having conviction, learning from rejection, and persisting in the face of challenges.

Personal Life

Chaudhry and his wife, Jyoti, have three children and live in Reno, Nevada, U.S.
He is a vegetarian and enjoys activities such as hiking, white-water rafting, and 'bonding walks' with his family.
Jay is a voracious reader, particularly interested in books on history, global politics, and psychology.

Jay Chaudhry's Wealth is Equivalent to:

8,514,242 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

2,092,715 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

113,036 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Jay Chaudhry?

If you started with $10,000 and invested an additional $500 each month at a 42.79% CAGR, it would take you 5 years to reach Jay Chaudhry's net worth of $11.1B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 66.02% compared to 28.56% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Jay Chaudhry is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jay Chaudhry, Security Software is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey