Young Indians deriving their wealth from technology-based ventures are among the fastest wealth creators, shows a report by IIFL Wealth and Hurun India.
The ‘IIFL Wealth Hurun India Rich List 2019’ report has featured 953 individuals, who have a minimum wealth of Rs 1,000 crore. Among these 953 individuals, the top five gainers are self-made entrepreneurs under the age of 40 and hail from the technology sector.
IIFL Wealth Hurun India Rich List 2019 – The Biggest Gainers
No |
Names |
Wealth (Rs Crore) |
% change |
Company |
Age |
No |
1 |
Amod Malviya |
3,500 |
218% |
Udaan |
38 |
Software & Services |
2 |
Sujeet Kumar |
3,500 |
218% |
Udaan |
39 |
Software & Services |
3 |
Vaibhav Gupta |
3,500 |
218% |
Udaan |
38 |
Software & Services |
4 |
Ritesh Agarwal |
7,500 |
188% |
Oravel Stays (Oyo) |
25 |
Software & Services |
5 |
Byju Raveendran |
7,700 |
133% |
Think & Learn |
41 |
Software & Services |
In fact, all the self-made entrepreneurs under the age of 40 derive their wealth from technology-based ventures.
The youngest self-made entrepreneur under the age of 40 is 25-year-old Ritesh Agarwal of Oyo Rooms. He has a net worth of INR 7,500 crore. The wealthiest individual in this category is 37-year-old Divyank Turakhia of Media.net with a net worth of Rs.13,000 crore.
Devita Rajkumar Saraf (38) of VU Technologies and 33-year-old Divya Gokulnath of Think & Learn are the two self-made women under 40.
IIFL Wealth Hurun India Rich List 2019 – Self-made entrepreneur under 40
No |
Names |
Wealth (Rs Crore) |
City of Residence |
Company |
Age |
1 |
Ritesh Agarwal |
7,500 |
New Delhi |
Oravel Stays |
25 |
2 |
Ankit Bhati |
1,400 |
Bengaluru |
ANI Technologies |
33 |
3 |
Sriharsha Majety |
1,400 |
Vijayawada |
Bundl Technologies |
33 |
4 |
Divya Gokulnath |
1,800 |
Bengaluru |
Think & Learn |
33 |
5 |
Bhavish Aggarwal |
3,100 |
Bengaluru |
ANI Technologies |
34 |
6 |
Binny Bansal |
5,500 |
Bengaluru |
Flipkart |
36 |
7 |
Deepinder Goyal |
1,900 |
Gurugram |
Zomato Media |
36 |
8 |
Divyank Turakhia |
13,000 |
Dubai |
Media.Net |
37 |
9 |
Riju Ravindran |
3,600 |
Bengaluru |
Think & Learn |
38 |
10 |
Sachin Bansal |
6,100 |
Bengaluru |
Flipkart |
38 |
11 |
Amod Malviya |
3,500 |
Bengaluru |
Udaan |
38 |
12 |
Vaibhav Gupta |
3,500 |
New Delhi |
Udaan |
38 |
13 |
Deepak Garg |
2,800 |
Gurugram |
Rivigo |
38 |
14 |
Devita Rajkumar Saraf |
1,800 |
Mumbai |
VU Technologies |
38 |
15 |
Nithin Kamath |
6,600 |
Bengaluru |
Zerodha |
39 |
16 |
Sujeet Kumar |
3,500 |
Bengaluru |
Udaan |
39 |