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Showing posts with the label Immigrants

Ten Pakistanis Among Unicorn Founders in America

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There are ten Pakistani immigrants included among founders or co-founders of unicorns in America, according to  a recent study by the National Foundation for American Policy ( NFAP ). A unicorn is a startup with a valuation of at least one billion U.S. dollars. Immigrant entrepreneurs of US unicorns are diverse, hailing from 76 different countries. India, with 96 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies. Immigrants from Israel founded the second-most billion-dollar companies with 60, followed by the United Kingdom (47), China (41), Canada (30), Russia (23), France (21), Germany (18), Ukraine (16), Australia (14), Pakistan (10) and Romania (10). Some companies were founded by entrepreneurs from the same country or immigrants from multiple countries. Four of Ten Pakistani-American Founders Listed Among Unicorns Why are Indian entrepreneurs leading the pack of unicorn founders/co-founders in America?  The key reason i...

First Generation Pakistani-Americans Divorce Rate is the Third Lowest in the United States

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Divorce rate among foreign-born Pakistani-Americans with children is the third lowest of all immigrants in the United States, according to research recently published by the US-based Institute of Family Studies. Foreign-born Indian-Americans' marriages tend to be the most stable, followed by those of Bangladeshis and Pakistanis living in America.  On the other end of the spectrum, the divorce rates among immigrants from Latin-America are the highest of all ethnic groups.    Immigrants Marriage Stability. Source: IFS Immigrants from Taiwan, Korea, China, and Japan, also have greater family stability than native-born Americans, as do immigrants from the Middle East and South America, according to the IFS report . Here’s the list of top 20 immigrant groups in the US leading in marriage stability:  1. India - 94%  2. Bangladesh - 90%  3. Pakistan - 87%  4. Taiwan - 86%  5. Korea - 85%  6. China - 84%  7. Japan - 83%  8. Poland - 80%...

Pakistani-Americans Among Top 5 Upwardly Mobile Groups in the United States

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A recent study shows that  Pakistani-Americans  are among 5 most  upwardly mobile  groups in the United States. Other top most upwardly groups are Chinese-Americans from Hong Kong, Taiwan and People's Republic of China and Indian-Americans. US Offers Upward Mobility For Immigrants:  Immigration to the United States continues to offer a route to escape poverty — if not for poor immigrants themselves, then for their sons, according to a study published by a team of economic historians at Princeton,  Stanford  and the University of California, Davis. Average income rank of sons with parents in 25th percentile. Source: New York Times Top 5 Upwardly Mobile Groups in America: The  study  shows the adult outcomes of sons born in 1980 who grew up in poor families at about the 25th percentile of income distribution in the United States. Pakistani-American sons born in poor households are now at 59th percentile of income in the United ...

Pakistani-American Makes History as First Non-white NFL Owner

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NFL owners are the oldest and whitest of old white guy clubs. Drew Magary Pakistani-American Shahid Khan made history this week by becoming the first minority owner of a National Football League team. All 31 other owners of NFL teams are white. The deal to purchase Jacksonville Jaguar is for an estimated $760 million and the ownership transfer will be complete Jan. 4, 2012, according to Associated Press . Earlier, Khan agreed in February 2010 to buy a controlling interest in the St. Louis Rams before billionaire Stan Kroenke exercised an option to purchase the 60 percent of the club he didn’t own. NFL has highly lucrative business because of the extraordinary popularity of football in the United States. Over nine years, starting in 2014, CBS, Fox and NBC will together will pay an average of about $3 billion a year, more than 50 percent higher than their current deals, according to a report in New York Times . Altogether, the four networks, in addition to DirecTV, which pays $1 bi...