List of Youngest Billionaire In India 2024: In-Depth Profiles of Top 10 Tycoons
Pearl Kapur Youngest Billionaire In India
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Pearl Kapur, the visionary founder of Zyber 365, has etched his name in history by attaining the title of the youngest billionaire in India at the age of 27, boasting an impressive net worth of $1.1 billion. The strategic foresight of the Sram & Mram Group, investing 8.3% of a $100 million funding, played a pivotal role in catapulting the start up to a remarkable valuation of $1.2 billion, approximately Rs 9840 crore.
Zyber 365, an Indian-origin venture co-founded by Pearl Kapur and Sunny Vaghela, is gaining prominence for its groundbreaking EVM-compatible Web3 Layer 1 Proof of Authority (PoA) sustainable chain. Sunny Vaghela, recognized as one of India’s leading ethical hackers, complements Kapur’s commitment to environmental stability and the UN SDG Goals.
Amidst current trends, Pearl Kapur, armed with an MSC in Investment Banking (CFA Pathway) from Queen Mary University of London, embarked on his entrepreneurial journey in May 2023. Notably, Kapur holds an influential 90% stake in Zyber 365 Technologies Ltd (UK), solidifying his position as the majority shareholder. Before venturing into Zyber 365, Kapur spent nearly two years as a Financial Advisor at AMPM Store.
Youngest Billionaire In India 2024: Comprehensive Profiles of Top 10 Tycoons
Pearl Kapur
Net Worth: $1.1 Billion
Age: 27
Founder of Zyber 365: Pearl Kapur achieved the extraordinary feat of becoming the youngest billionaire in India through his visionary leadership at Zyber 365. This groundbreaking company is renowned for its cutting-edge EVM-compatible Web3 Layer 1 Proof of Authority (PoA) sustainable chain.
Strategic Investment: Sram & Mram Group’s astute investment of 8.3% from a $100 million funding initiative propelled Zyber 365 to a mega valuation of $1.2 billion.
Ritesh Agarwal
Net Worth: $1.1 Billion
Age: 23
Founder of Oyo: Ritesh Agarwal stands as a beacon of entrepreneurial success, being the founder and CEO of OYO, the world’s most affordable hotel chain.
Expansion: As of January 2020, OYO boasts an extensive network comprising over 43,000 properties and 1 million rooms, strategically located in 800 cities spanning 80 countries.
Nikhil Kamath
Net Worth: $1.1 Billion
Age: 37
Co-founder of Zerodha: Nikhil Kamath, along with his brother Nithin, disrupted the Indian brokerage market by co-founding Zerodha in 2010. Additionally, he is actively involved in Rainmatter, a venture capital fund promoting fintech, and True Beacon, an investment management firm.
Binny Bansal
Net Worth: $1.4 Billion
Age: 40
Co-founder of Flipkart: A key figure in India’s e-commerce landscape, Binny Bansal co-founded Flipkart in 2007. The company evolved from an online bookstore to one of India’s largest e-commerce platforms, achieving billionaire status in 2015. The substantial stake acquisition by Walmart in 2018 marked a significant milestone.
Sachin Bansal
Net Worth: $1.3 Billion
Age: 42
Co-founder of Flipkart: Sachin Bansal, the other half of the dynamic duo behind Flipkart, embarked on the entrepreneurial journey in 2007. After Walmart’s acquisition, he cashed out by selling his minority stake for $1 billion.
Nithin Kamath
Net Worth: $2.7 Billion
Age: 44
Co-founder of Zerodha: Nithin Kamath, in collaboration with his brother Nikhil Kamath, co-founded Zerodha in 2010. The discount brokerage has grown to become one of the largest in India, boasting 10 million clients.
Vijay Shekhar Sharma
Net Worth: $1.0 Billion
Age: 45
Founder of Paytm: Renowned for founding Paytm, Vijay Shekhar Sharma played a pivotal role in shaping India’s digital payment landscape. His notable achievement includes securing a $300 million investment from Warren Buffett’s Berkshire Hathaway in August 2018.
Shamsheer Vayalil
Net Worth: $3.6 Billion
Age: 46
Founder and Chairman of Burjeel Holdings: Shamsheer Vayalil is a prominent entrepreneur known for founding Burjeel Holdings, a healthcare network in the Middle East. The company’s public listing in October 2022 significantly augmented his net worth.
Ravi Modi
Net Worth: $3.3 Billion
Age: 46
Founder of Manyavar: Ravi Modi founded Manyavar in 1999, which has become a well-known ethnic wear brand in India. The brand’s international presence was further solidified through the sale of a 10% stake in May 2023.
Karthik Sarma
Net Worth: $2.9 Billion
Age: 48
Founder of SRS Investment Management: Karthik Sarma, an accomplished hedge fund manager, founded SRS Investment Management in 2006. Managing around $10 billion in assets, he serves on Avis’s board, contributing to a 35% return in 2021.
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