As of 2021, the youngest billionaire in India is Nikhil Kamath. Born on June 5, 1996, Nikhil Kamath is a 25-year-old Indian entrepreneur and businessman who is the co-founder of Zerodha, a Bangalore-based discount brokerage firm that leverages technology to make trading easier and more accessible for retail investors.
The platform was launched in 2010 and it has since grown to become the largest stockbroker in India by number of active clients.
Nikhil Kamath, along with his brother Nithin Kamath, started Zerodha with the goal of making trading accessible to everyone, regardless of their financial background. The platform offers zero brokerage on equity investments and charges a flat fee of Rs. 20 per trade for intraday, F&O, currency, and commodity trades.
Nikhil Kamath’s success with Zerodha has made him the youngest billionaire in India, with a net worth of $1.6 billion, according to Forbes. However, his path to success was not an easy one. Nikhil dropped out of college to pursue his dream of becoming an entrepreneur, and he faced numerous challenges along the way.
But his determination and hard work paid off, and today he is a role model for young entrepreneurs in India and around the world.
In addition to his work with Zerodha, Nikhil Kamath is also involved in various philanthropic activities. He has donated to charitable causes such as education, healthcare, and disaster relief, and he is a strong advocate for using technology to make a positive impact on society.
Overall, Nikhil Kamath’s story is an inspiring example of how hard work, determination, and innovation can lead to success, even at a young age. His entrepreneurial spirit and commitment to making a positive impact on society make him a beacon of hope for young people in India and beyond.
Table of Contents
Who is the youngest richest in India?
The youngest richest person in India is Ritesh Agarwal, who is the founder and CEO of OYO Rooms, a chain of hotels and homes. Born on November 16, 1993 in Bishama Katek, Orissa, Ritesh started his entrepreneurial journey at a young age of 17, by launching Oravel Stays, which later transformed into OYO Rooms.
His passion and hard work paid off and within a short span of time, OYO Rooms became one of the most successful start-ups in India, valued at more than $10 billion. Ritesh Agarwal’s net worth as of 2021 is estimated at $1.8 billion, making him the youngest self-made billionaire in India.
Despite being a college drop-out, Ritesh’s entrepreneurial skills and innovative ideas have helped him build one of the largest and most successful hotel chains in India. He has won numerous awards and accolades for his achievements, including the Forbes 30 under 30 Asia list, the Business World Young Entrepreneur Award, and the World Economic Forum Global Shaper.
Ritesh Agarwal’s success story is a true inspiration to young entrepreneurs in India, who aspire to achieve their dreams and make a difference in the world. His dedication, perseverance, and entrepreneurial spirit have proven that age is just a number when it comes to achieving greatness.
Who is the 19 year old billionaire Indian?
The 19 year old billionaire Indian is none other than Ritesh Agarwal, the founder and CEO of OYO Rooms. Ritesh, born on November 16, 1993 in Rayagada, Odisha, India, started his entrepreneurial journey at a young age of 17, when he founded Oravel Stays, which later became OYO Rooms. OYO Rooms is a hotel aggregation platform, which intermediates between budget hotels and guests.
The company’s USP is their standardized budget accommodation, which they provide at an affordable price.
Ritesh Agarwal’s story is nothing short of a fairy tale. Born in a humble family, which was involved in the textile business, Ritesh’s love affair with business started early. He was always curious about how businesses worked, and would often spend his time reading business books and watching news channels.
He attended the Indian School of Business and Finance (ISBF) in New Delhi for a short period of time, but dropped out soon after to pursue his entrepreneurial passion.
In 2012, Ritesh launched Oravel Stays, which was an online marketplace for budget accommodation. The idea was initially to aggregate vacation homes, and later pivot to budget hotels. The company raised seed funding from VentureNursery, LightSpeed Ventures and others in 2013, and rebranded itself as OYO Rooms in 2014.
Since then, OYO Rooms has grown exponentially, and became the largest branded network of hotels in India in just three years. In 2019, the company expanded to China, and became the largest single hotel brand in the country as well. OYO Rooms now has a presence in over 800 cities, with over 43,000 hotels and over 1.2 million rooms.
In 2018, Ritesh Agarwal was featured in the Forbes 30 Under 30 list for Asia, and was also featured in the Forbes India Rich List in 2019, with a net worth of $1.1 billion. His journey is a remarkable one, and is an example of how one can achieve great success by following their passion and working hard.
Who is India self-made billionaires under 40?
India has witnessed an incredible growth in entrepreneurial culture in the last few decades. The country is today home to a burgeoning number of self-made billionaires under the age of 40, who have taken the Indian economy to new heights through their innovative ideas and hard work.
One such billionaire is Byju Raveendran, founder and CEO of the edtech startup, Byju’s. The company has transformed the way millions of Indian students prepare for competitive exams through its interactive and personalized learning programs. Byju’s is now valued at around $16.5 billion, making Raveendran one of the richest entrepreneurs in India.
Another young billionaire who has made a name for himself in the Indian startup scene is Sachin Bansal. He co-founded Flipkart, which started off as an online bookstore and has now become India’s biggest e-commerce platform. Bansal’s success saw him become a billionaire at the age of 30.
Bhavish Aggarwal, founder and CEO of Ola, is yet another young Indian billionaire under 40. Ola is India’s largest ride-hailing platform, with over 300 million users in more than 250 cities. Aggarwal’s success with Ola has seen him become one of the richest entrepreneurs in India.
Tanmay Bakshi, a young prodigy who hails from Canada, is another self-made billionaire of Indian origin. At just 18, Bakshi has already made a name for himself in the technology world, having built several artificial intelligence-powered applications and websites. His success at a young age puts him among the youngest self-made billionaires in the world.
These are just some of the self-made billionaires under 40 who have made a significant mark in the Indian startup scene. Their innovative ideas, hard work, and dedication have not only catapulted them to fame and fortune but have also helped transform the Indian economy. These young entrepreneurs are a testament to the immense potential that exists in India’s startup ecosystem and serve as an inspiration to many aspiring entrepreneurs in the country.
Who is the wealthiest child?
The question of who the wealthiest child is can be difficult to answer definitively, as there are many children of incredibly wealthy parents, and the value of their inheritance or trust funds could change over time. However, there are a few children who are commonly mentioned as being among the wealthiest in the world.
One of the most frequently cited examples is Blue Ivy Carter, the daughter of Beyoncé and Jay-Z. With parents who are both successful musicians and entrepreneurs, Blue Ivy is believed to have a net worth of around $500 million at just 9 years old. She has already made her mark in the entertainment industry, appearing in music videos and winning awards for her contributions to her parents’ work.
Another contender for the title of wealthiest child is Valentina Paloma Pinault, the daughter of billionaire businessman François-Henri Pinault and actress Salma Hayek. Valentina is rumored to have a trust fund worth over $12 million, as well as access to the vast wealth of her father’s family.
Other famous children who may be among the wealthiest in the world include Suri Cruise, daughter of Tom Cruise and Katie Holmes, and Jolie-Pitt children Maddox, Pax, Zahara, Shiloh, Vivienne, and Knox, who are the offspring of Angelina Jolie and Brad Pitt. While the exact net worth of these children is difficult to determine, they likely have access to substantial funds from their parents’ successful careers.
The question of who the wealthiest child is can be difficult to answer definitively, as it depends on how one measures wealth and what assets and opportunities each child has access to. However, there are certainly a number of famous children who have the potential to become some of the richest people in the world as they grow older.
Resources
- List of 10 Youngest Self-made Billionaires in India – StartupTalky
- Meet India’s youngest millionaire, Kaivalya Vohra: the 19-year …
- Forbes India lists Byju’s Divya Gokulnath and Zerodha’s Nikhil …
- 8 Youngest Billionaires in India (2022) – Oldest.org
- zepto: Meet Kaivalya Vohra, the youngest Indian who made it …
