Want to know youngest billionaire in india? Well you have landed on the right article
You are aspiring to be a billionaire while you finish school? Interested in being a self-made billionaire with an exciting idea blooming in your head?
Have you also been investing in the stock market and investment share? Perhaps, you can turn your fortune and become a success overnight or you can also take your time to move towards your goal.
Their stories and journey will definitely propel you towards inspiring ideas or motivate you to perhaps take that leap into your future!
Let’s begin looking at this from a global context. Born in Ukraine, WhatsApp founder Jan Koum had immigrated to the US and initially was working at Yahoo. After coming up with WhatsApp, his net worth is now estimated to be $9.1 billion by Forbes.
As we already know, India is moving ahead with its rapidly increasing economy. Mukesh Ambani has ranked 10th on the Forbes Global list this year as Asia’s richest person, followed by industrialist Adani with a close cut.
What’s more interesting is that Ambani's net worth was estimated at a whopping $90.7 billion! IT entrepreneur Shiv Nadar is in the third position followed by Cyrus Poonawalla’s net worth is $24.3 billion
With the Serum Institute of India as the country’s biggest producer of COVID-19 vaccines. According to Hurun India, India is the world’s third-largest “billionaire generating factory” after the US and China.
Some popular ways to achieve your goal are to create your app, start a youtube channel or become an influencer or become an entrepreneur and start your own venture!
Whatever you chose to do, be alarmed about your risks which should be calculated beforehand and comprehensively analyzed to become successful and bring your dreams into a reality!
India seems to breed a new generation of young minds with their startups. Here is a list of India’s youngest billionaires that might inspire you. Let’s look into their journey and delve into it! And this is especially if you are looking within India -
Youngest Billionaire In India (2022)
1. Zerodha - Nithin Kamath and Nikhil Kamath
Nithin Kamath and Nikhil Kamath is self made billionaires in india
Nithin Kamath net worth is $1.5 billion as he founded Zerodha. It was made to assist investors and traders in India to be aware of the cost of technology
And to give them support with over 5 million active clients in 2021. Nikhil Kamnath who is the co-founder of Zerodha has also had an interesting journey.
As a school dropout, his first job was at a call center at the age of 17.
With Zerodha founded along with his brother in 2010, he has become one of the richest self-made billionaires in India only at the age of 40! Sounds inspiring?
Along with being the youngest of Forbes India’s 100 richest in 2020, he had also actively organized a mass feeding program in Bengaluru during the COVID-19 crisis in India. You must remember his words of wisdom as stated below:
“We are in a time where we should all cherish the fact that there are so many opportunities available out there, and there is so much funding at hand.
Use the opportunity rightly and build the stuff that interests you, take more risks, move out of your comfort zone and explore something new.”. Both the brother have also co-founded True Beacon which is an asset management company.
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2. Media.net - Divyank Turakhia
Divyank Turakhia founded Media.net, which is an ad tech firm.
Both of the brothers, Bhavin and Divyank sold it for $900 million to a consortium of Chinese investors in August 2016.
They now own a cluster of companies straddling web hosting and cloud infrastructure to payments and advertising technology.
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3. OLA - Ankit Bhati
Ankit Bhati is the cofounder of OLA cabs which was founded in 2010. Bhavish Agarwal is his co-founder.
As a dominating company and being the former CTO of OLA, He was also a student of IIT Bombay and professionally a computer programmer who hailing from Jodhpur.
After his graduation, he found ANI Technologies in Bangalore. He along with Bhavish Aggarwal had found OLA while there were conflicts thereafter.
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4. Paytm - Vijay Shekhar Sharma
You must be using Paytm almost everywhere now? Do you know that Vijay Shekhar Sharma is the founder and chief executing officer of Paytm?
He had also sold a website that he had made when he was in college for $1 million. As a parent business, Sharma founded One97 Communications in 2000
Which was mainly a provider of news, ringtones, jokes, and cricket scores. Forbes has ranked him as India’s youngest billionaire in 2017
Along with making it to Time Magazine’s World’s 100 Most Influential People’s list.
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5. BYJU’s - Byju Raveendran and Divya Gokulnath
Now how often do you come across BYJU’s advertisements everywhere? It was founded by Byju Raveendran and his wife Divya Gokulnath in 2011.
Listed among the 5 richest tech billionaires in India, his total net worth is around 22,500 crores.
As an engineering graduate, he had started teaching maths and helping students prepare for entrance exams like CAT.
He set up Think & Learn in 2011, to offer online lessons, before launching his main app in 2015.
That used to offer services that were based on online video-based learning problems. The present value of Byju, his wife, and his brother is now $3.6 billion.
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6. Zoho - Radha Vembu
Did you know that Radha Vembu who had graduated from IIT Madras in Industrial Management founded Zoho Corporation
Which is an Indian software development firm? It is an Indian multinational technology company that makes web-based business tools
And is best known for the online office suite offering Zoho Office Suite.
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7. Udaan - Amod Malviya, Sujeet Kumar, and Vaibhav Gupta
It is also important to mention the founders of Udaan which is a B2B trade platform specifically designed for small and medium businesses in India.
It is a one-stop platform for Indian merchants, wholesalers, retailers, manufacturers, and brands. It works on the methodology
Where it provides actual insights on active trends and features to nurture the growth of people’s businesses.
Amod Malviya, Sujeet Kumar, and Vaibhav Gupta have all a net worth of 13,000 crores.
Udaan has also been a part of Hurun’s Global Unicorn Index being the fourth most valuable startup after Paytm, BYJU’s and Oyo.
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8. Flipkart - Binny and Sachin Bansal
Now, do you also have many shopping apps on your phone? India’s top e-commerce brand Flipkart was founded by Binny and Sachin Bansal in 2007
Which used to sell books online initially. Although they have the same surname, they aren’t brothers.
After Walmart acquired quite a bit of Flipkart’s share and the brothers left, Binny Bansal now has a net worth of $1.3 billion at present.
He's an anchor investor in venture firm 021 Capital, which is focused on investing in biotechnology, agritech and the internet.
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9. Zomato - Deepinder Goyal
Since the pandemic, our hunger is satiated by ordering online mostly.
After co-founding Zomato, Deepinder Goyal now has a net worth of $650 million at present.
His idea behind the app rose from observing his co-workers working as management consultants at Bain & Company in New Delhi.
He had also graduated from IIT Delhi and initially he launched his food firm named Foodiebay in 2008 which later on went on to become Zomato.
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10. OYO - Ritesh Agarwal
Ever wondered how traveling and vacationing became easy with OYO? Ritesh
Agarwal founded it in 2013
Which made him the world’s second-youngest self-made billionaire with monthly revenues of $3.5m and 1,500 employees.
Thereafter, the company expanded globally offering services like - hotels, vacation homes, and millions of rooms in over 80 countries,
Including India, Malaysia, the United Arab Emirates, Nepal, China, Brazil, Mexico,
The United Kingdom, the Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, and the United States. Agarwal has won many awards and accolades for his work including the Business World Young Entrepreneur Award.
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11. VPS Healthcare - Shamsheer Vayalil
Shamsheer Vayalil was born in Kerala following which he migrated to the Middle East after his graduation in medical studies to work as a radiologist in a local hospital.
His father-in-law was Gulf retailing billionaire M.A Yusuff Ali who had backed Vayalil to start his own hospital in Abu Dhabi in 2007.
Now VPS owns the Rockland Hospital chain in Delhi and VPS Lakeshore Hospital in Kochi. He is also the vice-chairman and managing director of Amanat Holdings,
A healthcare and education investment company with a 21% stake.
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12. Indiabulls - Sameer Gehlaut
Founded by Sameer Gehlaut, Indiabulls Housing Finance is India’s second-biggest mortgage lender.
He finished his graduation in engineering from IIT Delhi and started Indiabulls with two college mates in 1999.
He moved into real estate scooping up prized land in Mumbai in public auctions after making his company public in 2004.
Steel tycoon Lakshmi Mittal and hedge fund Farallon Capital were early investors in Indiabulls.
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Conclusion
So, just remember that age is just a number and get inspired to make a change in the world! Whether you are a college dropout or have any passionate idea in your mind or are even famous on Instagram start reading more about raising funds
And investing in your app or company! There will be many success stories to inspire but if you want to start on your and take the risks at whichever age, then this is meant to be a success for you.
Remember Shailesh Lakhani’s (Managing Director of Sequoia India) words - “Entrepreneurs will have times where they’ll need to sprint and they’ll need to jog.
We advise them to focus on the long-term (and) try to build a sustainable business. This is a market that will always be competitive, and focusing on the customer and what they want is usually the best way of winning in the long term.”
I hope you liked our article on youngest billionaire in india, if you have any comments or suggestions do share them in the comments below.
Frequently Asked Question
Q1. Who are the 2 youngest billionaires in India?
Apoorva Mehta, founder of Instacart, and Nikhil Kamath of Zerodha are the youngest billionaires of India with a net worth of $1.7
billion. Mehta founded Instacart, a San Francisco-based grocery delivery firm that was started around 2012.
Born in India, he shifted to Canada and finished his graduation from the University of Waterloo.
Q2. Who is India's youngest millionaire entrepreneur?
Nikhil Kamath is the youngest member of Forbes India's 100 richest 2020 list. He was named India’s youngest millionaire entrepreneur.
As a school dropout at 14, he achieved this success at the young age of 34. Following that he also worked at a call center whereas trading sticks at the age of 18 changed his life.
Nikhil is also the founder of True Beacon, a hedge fund, aiming at an ecosystem of proprietary investment products, portfolio management & advisory, capital markets services, and tailored programs for strategic investors.
Q3. Who is the youngest self-made billionaire in India?
According to Hurun India’s list, 25-year-old Shahvat Nakrani who founded BharatPe only in his third year in IIT Delhi had been named India’s youngest self-made billionaire.
BharatPe offers merchants a single QR code to accept all payment apps such as Paytm, PhonePe, Google Pay, BHIM and 150+ other UPI apps.
Q4. Who is the world's youngest billionaire?
Alexander Wang who is a math whiz has become the world’s youngest self-made billionaire at the age of 25. Although he dropped out of MIT, he came up with a company named Scale AI that uses artificial intelligence to analyze
How much damage Russian bombs have been creating in Ukraine. Forbes reported that the San Francisco–based company already has three contracts worth $110 million to help America’s Air Force and Army employ AI.
His estimated stake of 15 percent in Scale AI is worth about $1 billion.
