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02 September 2008
Jignesh Shah - Fobs - The World's Indian Billionaires
#1014 Jignesh Shah
Fortune: self made
Source: financial software
Net Worth: $1.1 bil
Country Of Citizenship: India
Residence: Mumbai , India.
Marital Status: married, 1 child
Education: Bombay University, Bachelor of Arts / Science
Left job as software engineer with the Bombay Stock Exchange to start Financial Technologies, a firm specializing in trading software, in 1988. Thereafter founded MCX, India's largest commodity futures exchange. NYSE Euronext recently took 5% stake in MCX for $55 million, valuing the exchange at $1.1 billion. A workaholic, Shah's future projects include a bourse for small and medium enterprises.