Forbes has released its ‘World’s Billionaires List‘. As per the report, almost half of the world’s total 2,755 billionaires are citizens of the U.S. or China, and nearly every country has more billionaires than they did at the outset of the pandemic in mid-March 2020.
While Mukesh Ambani is once again termed as the richest man in India with a net worth of $84.5 Billion, the country has more billionaires as compared to the previous year.
However, below are the youngest entrepreneurs to be named as billionaires in India. With the youngest being Flipkart’s Co-founder Binny Bansal, these are the 9 youngest billionaires in India.
1. Binny Bansal
Binny Bansal and Sachin Bansal are former Amazon executives who founded Flipkart together in 2007.
Net Worth: $1.1 Billion
2. Byju Raveendran
Byju Raveendran is the co-founder of Byju’s, which is India’s largest ed-tech company at the moment. A former math tutor, Byju Raveendran founded online ed-tech company Byju’s in 2011.
Net Worth: $2.5 Billion
3. Sachin Bansal
Sachin Bansal, along with his friend Binny Bansal, founded Flipkart in 2007 as an online seller of books. The Bansals, who share the same surname but are not related, had pooled $6,000 of their combined savings and started operating out of their apartment.
Net Worth: $1.2 Billion
4. Vijay Shekhar Sharma
Vijay Shekhar Sharma founded Paytm in 2011. Paytm has notched up 400 million users and 25 million transactions daily.
Net Worth: $2.3 Billion
5. Acharya Balkrishna
Acharya Balkrishna owns the bulk of the privately held company, Patanjali Ayurveda, which he co-founded with politically well-connected yoga guru Baba Ramdev.
Net Worth: $2.2 Billion
6. Radha Vembu
Radha Vembu has stakes in privately held Zoho Corp, which offers business software on the cloud. The company was co-founded by her older brother Sridhar Vembu, who started the business initially as AdventNet in 1996.
Net Worth: $1.5 Billion
7. Dr. Ranjan Pai
Dr. Ranjan Pai controls Manipal Group which is an education and healthcare empire with six colleges and 16 hospitals. Manipal University has overseas campuses in Malaysia, Antigua, Dubai, and Nepal.
Net Worth: $1.3 Billion
8. Vikas Oberoi
Vikas Oberoi controls and runs Mumbai-listed Oberoi Realty, known for its high-end suburban condos. Oberoi owns a Westin hotel in suburban Mumbai and is building the city’s first Ritz-Carlton hotel and residences.
Net Worth: $2.1 Billion
9. Sanjay Agarwal
Sanjay Agarwal is managing director and CEO of the Jaipur-headquartered AU Small Finance Bank. The bank has 728 branches across India and 2 million customers.
Net Worth: $1.3 Billion