Latest news with #hardware provider
Bloomberg
06-08-2025
- Business
- Bloomberg
Arista's 116% Stock Surge Makes CEO One of World's Richest Women
In the artificial intelligence gold rush, even pick-and-shovel companies like Arista Networks Inc. are seeing their fortunes swell. The hardware provider's shares have more than doubled since April, reaching an all-time high on Wednesday. Arista's run has made its chief executive officer, Jayshree Ullal, 64, one of the richest women in the world with a $6.4 billion fortune and among only a handful of non-founder executives to achieve that level of wealth, according to the Bloomberg Billionaires Index. She owns a 3% stake in the company through trusts for herself, her children and a niece and nephew.
Bloomberg
06-08-2025
- Business
- Bloomberg
Arista's Stock Jump Pushes CEO Ullal's Wealth to $6.4 Billion
In the artificial intelligence gold rush, even pick-and-shovel companies like Arista Networks Inc. are seeing their fortunes swell. The hardware provider's shares have more than doubled since April, reaching an all-time high on Wednesday. Arista's run has made its chief executive officer, Jayshree Ullal, 64, one of the richest women in the world with a $6.4 billion fortune and among only a handful of non-founder executives to achieve that level of wealth, according to the Bloomberg Billionaires Index. She owns a 3% stake in the company through trusts for herself, her children and a niece and nephew.
