Taking over your dad’s business is not an achievement. Growing your business from zero by yourself is an achievement.
There are many examples of businessmen in our society who became billionaires with their own willpower.
In this blog we are going to share about 10 self made billionaire businessman in India who are also the richest entrepreneurs in India.
Enthusiasm For Entrepreneurship in India
There are millions of self made entrepreneurs in India who play a big part in making India’s economy. In India, there are an estimated 58.5 million self made entrepreneurs who are the reason for India’s successful economy.
Of the 58.5 million people, 13% of the entrepreneurs are women. India has become the third largest country in terms of GDP (Gross Domestic Product).
India’s richest entrepreneurs have worked so hard that they have earned their place in the list of billionaires from all around the world presented by Forbes Magazine.
Top 10 Richest Entrepreneurs in India Self Made
Here is the list of the top 10 self made entrepreneurs in India.
1. Nithin Kamath and Nikhil Kamath – Zerodha
The Zerodha is run by two brothers, Nithin Kamath and Nikhil Kamath. Nikhil Kamath is 36 years old, while Nithin Kamath is 43 years old.
Zerodha is India’s largest stock broker company, with a worth of $2 billion. This fintech company was launched in 2010 and offers a variety of online trading services.
There are more than 1 million clients of Zerodha. Both brothers, Nithin Kamath and Nikhil Kamath have an average net worth of Rs 25,600 crore.
2. Bhavish Aggarwal – OLA
Bhavish Aggarwal is one of the richest entrepreneurs in India. He is a 37-year-old man who is a co-founder of Ola Electrics and Ola Cabs.
At present, the net worth of Bhavish Agarwal is $987 million (Rs 7,500 crore). Ola Cabs was founded in 2010 and is the choice of people as personal transportation in more than 20 cities.
Bhavish Agarwal co-founded Ola Cabs with Ankit Bhati in Bengaluru in 2011. Ankit Bhati net worth, at the moment, is estimated at Rs. 1400 crore. The net worth of OLA is $3 billion at the moment.
3. Harman Narula – Imporable
“The Imporable Worlds” is a British global multinational technology company that was launched in 2012. The value of this company was estimated to be $1 billion in 2017, after which there was an additional $502 in financing.
Herman Narula is a self businessman who is the co-founder and CEO of Imporable Worlds.
He is one of the self made entrepreneurs in India who started and reached where they are now. He is about 34 years old.
The estimated net worth of Herman Narula is £450 million, or $615 million.
4. Ritesh Agarwal – OYO
Ritesh Agarwal is the founder of OYO Homes and Hotels, which is one of India’s largest hospitality chains.
Ritesh Agarwal is a 28-year-old boy. He is the youngest and richest entrepreneur in India whose net worth is $1.1 billion, or Rs 7,235 crore. He has also received the award of “Business World Young Entrepreneur”.
The OYO company was created in 2013 and is now spread worldwide in 80+ countries, including China, India, Nepal, Malaysia, Brazil, Japan, the UK, Indonesia, Saudi Arabia, the US, and Sri Lanka. The present net worth of OYO is $2.7 billion.
Top 4 Books recommended by Ritesh Agarwal (OYO founder)
- The Hard Thing about Hard Thing: Building a Business When There are No Easy Answers by Ben Horowitz
- Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel
- Elon Musk: A Biography of Billionaire Entrepreneur Elon Musk
- Stories of Madhu Babu (Madhusudan Das) – Lawyer, journalist, Social reformer
5. Amod Malviya, Sujeet Kumar, and Vaibhav Gupta – Udaan
Amod Malviya, Sujeet Kumar, and Vaibhav Gupta are startup millionaires who are the co-founders of B2B Startup Udaan.
Vaibhav Gupta is 31 years old, Sujeet Kumar is 39 years old, and Amod Malviya is also 39 years old.
The collective net worth of these three self made entrepreneurs is Rs 13,000 crore, or $1.171 billion.
They have gained wealth through investments and raised their funds by $280 with existing or new startups.
Udaan is a B2B commerce platform that unites merchants, retailers, manufacturers, and wholesalers on one platform. Udaan’s valuation in 2022 is estimated to be $25 million.
6. Radha Vembu – Zoho
Radha Vembu is one of the richest entrepreneurs in India and is a major shareholder in Zoho Incorporation.
She is a 49 or 50-year-old self made entrepreneur in India. She was on the rich list of Forbes India and was ranked 76 on this list. Her net worth at present is $1.7 billion, or Rs 12,910 crore.
Zoho Incorporation is a software development company in India and is popular due to its Zoho online office suite. The valuation of Zoho is above $1 billion.
7. Vijay Shekhar Sharma – Paytm
Vijay Shekhar is 43 years old self businessman in India. He is the owner of the most-used mobile wallet, Paytm.
Vijay Shekhar Sharma’s net worth is $2 billion (Rs 75,946 crore). Paytm has almost 400 million users and was founded in 2010.
One97 was founded in 2000 by Vijay Shekhar Sharma, and Paytm is now owned by One97. The valuation of Paytm as of today is approximately $16.8 billion.
8. Deepinder Goyal – Zomato
Deepinder Goyal is 39 years old self made businessman in India. He is the founder of Zomato and has a net worth of $650 million, or Rs 2,200 crore.
Zomato is a food aggregator and delivery service in India. Zomato was launched in 2010 and has a net worth of Rs 1 lakh crore.
9. Binny Bansal and Sachin Bansal – Flipkart
Binny Bansal and Sachin Bansal are the founders of Flipkart. Binny Bansal is 39 years old, while Sachin Bansal is 40 years old.
They have a net worth of $1.3 billion. Flipkart is an online bookshop that was created in 2007. Walmart gained 77% of Flipkart’s shares in 2018. The valuation of Flipkart is $37.6 billion.
10. Divyank Turakhia – Media.net
Divyank Turakhia is one of the richest entrepreneurs in India who founded Media.net. He was also on the 2019 Forbes India Rich List. He is 40 years old and has a net worth of $1.76 billion, or Rs. 12,500 crores.
Media.net is the second-largest contextual advertising network in the world. He founded media.net and later sold it to Chinese Miteno Communication technology in 2010 for 900 million USD.