Odisha's Ritesh Agarwal is the world's second youngest self-made billionaire

Odisha born and Oyo Hotels founder Ritesh Agarwal has been crowned as the world's second-youngest billionaire. His age is 24, and wealth was estimated at $1.1 billion ( ₹7,800 crores) in the Hurun Global Rich List 2020. Agarwal comes second only after cosmetics queen Kylie Jenner who has also amassed $1.1 billion at the age of 22.

For your information, Kylie Kristen Jenner is an American media personality. She has starred in the E! reality television series Keeping Up with the Kardashians since 2007 and is the founder and owner of cosmetic company Kylie Cosmetics.

Ritesh Agarwal Started his company OYO in 2013, and now Oyo Hotels become the largest hotel chain in India and its valuation has soared to $10 billion. As the startup expands to the US and Europe after becoming the second-largest chain in China.


Ritesh, a college dropout, is also the richest self-made Indian aged under 40. He was born on 16 November 1993 in Bissam Cuttack, in Odisha, India and brought up in Titilagarh. At the age of 13, he started selling SIM cards. Ritesh graduated from St. Johns Senior Secondary School and moved to Delhi in 2011 for college.

In India, Mumbai has the largest number of billionaires (50) while Bengaluru has 17, Ahmedabad 12 and Hyderabad 7. India has a total of 137 billionaires in 2020, up by 33 from last year. With a wealth of $67 billion, Reliance Industries chairman Mukesh Ambani is the richest man in India and the ninth richest in the world.


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