Billionaire Ajay Parekh Biography

Overview

Ajay Parekh is an Indian-born American business magnate and investor. He is the founder and CEO of Ampcus Inc., a global consulting firm specializing in IT and business solutions for Fortune 500 companies. Parekh has extensive experience in the business world and has earned a reputation as a savvy entrepreneur and investor. As of 2021, he has an estimated net worth of $1.6 billion.

Early Life and Education

Ajay Parekh was born in Vadodara, Gujarat, India, in 1961. He grew up in a middle-class family and attended Maharaja Sayajirao University, where he earned a Bachelor of Science in Electrical Engineering. After completing his undergraduate studies, Parekh moved to the United States to pursue a master’s degree in Electrical Engineering at Northeastern University in Boston.

Career and Achievements

After completing his master’s degree, Ajay Parekh landed a job at a small software company in Boston. He quickly rose through the ranks and soon became the Vice President of Engineering. In 1998, Parekh founded his own consulting firm, Ampcus Inc., with a focus on IT and business solutions. The company quickly became successful and expanded globally, providing consulting services to several Fortune 500 companies.

In addition to his work with Ampcus, Parekh has also been an active investor and entrepreneur. He has invested in numerous startups and served on the boards of several companies. In 2008, he founded BigDataDimension, a data analytics company that provides services to businesses and governments around the world.

Parekh’s achievements and contributions have not gone unnoticed. In 2011, he was named Entrepreneur of the Year by Ernst & Young for the Greater Washington DC area. He has also been recognized by the Washington Business Journal as one of the most influential business leaders in the region.

Personal Life

Ajay Parekh is married and has two children. He is known for his philanthropic efforts and has donated to several charitable organizations. He is also an avid golfer and enjoys playing the sport in his free time.

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