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Billionaire joke about India born CEOs investing could have turned $10 into $1 million in 15 years
Economy
Published on 13 May 2026
The “joke” pointed to a winning CEO pattern
An old quip by financier Michael Milken about backing US companies led by Indian born CEOs has resurfaced after new analysis. The study claims this approach would have dramatically outperformed the S&P 500 over the last 15 years, underscoring how strongly Indian origin leadership has been shaping American tech and delivering measurable investment gains.
- Michael Milken’s old joke is driving fresh investor chatter
- Analysis suggests Indian born CEO led firms beat the S&P 500
- The edge appears strongest in US tech leadership
- Indian origin executives are increasingly spotlighted by markets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times