Hi there! Explore the CEO of OYO Ritesh Agarwal net worth at SGX-Nifty. Ritesh Agarwal is the founder and CEO of OYO. The person who started with nothing and built a power from it. There was a time when he sold SIM cards in Delhi, but now he’s one of the world’s youngest billionaires. In this article, we discuss Ritesh Agarwal net worth, age, career, & other information.
Who is Ritesh Agarwal
Ritesh Agarwal is an Indian businessman who was born on November 16, 1993 and is the founder and CEO of OYO Rooms. Since 2024, he has also been on Shark Tank India (season 3).
His family is Marwari, and he was born in Bissam Cuttack, Odisha, India. He grew up in Titilagarh. In Rayagada, Odisha, his family had a small store. He finished from Sacred Heart School and then St. Johns Senior Secondary School. In 2011, he moved to Delhi to go to college.
Ritesh Agarwal Biography
| Real name | Ritesh Agarwal |
|---|---|
| Ritesh Agarwal Age | 30 Years |
| Ritesh Agarwal Date of birth | 16 November 1993 |
| Ritesh Agarwal Height in Feet | 5 Feet 9 Inch |
| Ritesh Agarwal Birthplace | Bissam Cuttack, Rayagada, Odisha, India |
| Ritesh Agarwal Nationality | Indian |
| Zodiac sign | Scorpio |
| Ritesh Agarwal School | Sacred Heart School, Rayagada, Odisha St. John’s Senior Secondary School, Kota, Rajasthan |
| Ritesh Agarwal College | Indian school of business and finance, Delhi (College Dropout) |
| Ritesh Agarwal Caste | Marwari |
| Ritesh Agarwal Religion | Hindu |
| Ritesh Agarwal Profession | Billionaire Entrepreneur and CEO and founder of OYO |
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Ritesh Agarwal Net Worth
Ritesh Agarwal Net Worth in 2024: Ritesh Agarwal’s net worth is estimated to be around ₹15,000 crore. Achieving such a significant net worth at the age of just 30 makes this entrepreneur and one of the new Sharks, one of the youngest billionaires in India.
| Name | Ritesh Agarwal |
|---|---|
| Ritesh Agarwal Net Worth | Rs 1500 Crore (Approx.) |
| Ritesh Agarwal Monthly Income | Rs 10 Crore (Approx.) |
| Ritesh Agarwal Yearly Income | Rs 100 Crore (Approx.) |
| Net Worth of Ritesh Agarwal in 2023 | Rs 1300 Crore (Approx.) |
| Ritesh Agarwal Net Worth in 2022 | Rs 1000 Crore (Approx.) |
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Ritesh Agarwal career
From the start, Ritesh liked to travel. When he was walking out, he saw that people were having trouble staying when they went out. To stay, they now have to pay more. After some time, Ritesh had an idea: he should do something to help people live better while spending less money. It was with this idea that Ritesh Agrawal started an online group for booking things. And started their own business, Oravel Pvt Ltd, in 2012, when they were only 18 years old. It was a new website that let people find hotels in any area and book rooms based on their income. In 2013, Ritesh Agrawal was chosen by Peter Thiel to receive the “20 under 20” Thiel grant.
He was able to get his business into the top 10 and got 10 lakh dollars from Peter Thiel. He changed the name of Oravel to “Oyo Rooms” in 2013. Ritesh has also sold SIM cards when times were tough. But now he’s worth a billion dollars. The OYO Rooms app now has more than 50,000 rooms. Oyo is one of the companies that is growing the fastest. Ritesh became the world’s youngest billionaire in 2020. He is now the new shark on season 3 of Shark Tank India.
Ritesh Agarwal Family
| Name | Ritesh Agarwal |
|---|---|
| Ritesh Agarwal Father | Ramesh Agarwal |
| Ritesh Agarwal Mother | Not Known |
| Ritesh Agarwal Brother | Aashish Agarwal |
| Ritesh Agarwal Sister | N/A |
| Ritesh Agarwal Wife | Geetansha Sood |
| Ritesh Agarwal Son | Aryan Agarwal |
| Ritesh Agarwal Daughter | N/A |
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Ritesh Agarwal Car Collection
| Car | Price |
|---|---|
| BMW X5 | Rs 1.1 Crore |
| Mercedes-Benz S-Class | Rs 2.2 Crore |
| Maruti Brezza | Rs 15 lakh |
Ritesh Agarwal Social media Accounts
| Social Media | Accounts |
|---|---|
| Ritesh Agarwal Instagram | Ritesh Agarwal |
| Ritesh Agarwal Facebook | Ritesh Agarwal |
| Ritesh Agarwal Twitter | Ritesh Agarwal |
| Ritesh Agarwal YouTube | Ritesh Agarwal |
Ritesh Agarwal Awards
- Ritesh Agarwal was featured in the Bloomberg 50 list as ‘The Amazingly Ambitious Hotelier.’ (2019)
- The 50 Most Powerful People in India by India Today and the Tycoons of Tomorrow’ by Forbes India (2019)
- Market Entrant of the Year 2019 (UK-India Awards)
- Fast Company’s World’s Most Innovative Companies for 2019
- Best Startup – SATTE Awards 2019
- OYO topped the maiden list of LinkedIn’s Top Startups in India (2018)
- LinkedIn has recognized OYO as one of the top employee attractors in India four years in a row (2016, 2017, 2018, 2019)
- OYO among Top 10 Most Innovative Companies in India (2018)
- Startup of the Year at The Economic Times Startup Awards (2018)
- TiE’s QGlue Design-led Entrepreneurship Awards (2018)
- New Age Entrepreneur Award by Asian Centre for Corporate Governance & Sustainability (2016)
- OneDirect Quest CX Award for Best Use of Social Media (2016)
- No. 2 in BT Coolest Start-ups Survey (2016)
- Startup of the Year – Express IT Award (2015)
- TiE-Lumis Entrepreneurial Excellence Award (2014)
- ’20 Under 20’ Thiel Fellowship (2013)
- Top 50 Entrepreneurs (2013) TATA First Dot Awards
- Finalist of the Global Student Entrepreneurship Awards
- Global Student Entrepreneur Awards
- 8 Hottest Teenage Start-Up Founders (2013), Business Insider
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Conclusion
Finally, Ritesh Agarwal’s story of how he went from selling SIM cards to becoming the CEO of OYO and a billionaire businessman is truly amazing. Even though there were problems, he kept going and made his idea come true. His net worth is thought to be about ₹15,000 crore, which makes him one of the youngest billionaires in India. He is only 30 years old. Ritesh has done amazing things in the business world, as shown by the many awards and praise he has received for his creative ideas and hard work. His story shows us how important it is to be determined, creative, and quick to take advantage of chances to make the future better.
FAQs
Who is Ritesh Agarwal?
Ritesh Agarwal is a CEO of OYO.
What is Ritesh Agarwal’s Age?
30 Years
What is Ritesh Agarwal net worth in 2024?
Ritesh Agarwal’s Net worth in 2024 is approximately Rs 15,000 crores in 2024.
What is the name of Ritesh Agarwal’s Birthplace?
Ritesh Agarwal was born in Kota Rajasthan.
What is the name of Ritesh Agarwal’s parents?
Ritesh Agarwal’s father name is Late Shri Ramesh Agarwal, who passed away just four days after his Son’s Marriage.
What is the monthly income of Ritesh Agarwal?
As per Money Mint, Ritesh Agarwal Monthly Income is Rs 10 crores.