Ritesh Agarwal Biography You will know about Ritesh Agarwal Biography, Net Worth, Age, Education, Story & Family particular from here. Ritesh Agarwal is the youngest self-made billionaire in the world. With a net worth of approximately $1.1 Billion (Rs. 7253 crore). We will be split the necessary details of Ritesh Agarwal Biography further in this object.
Ritesh Agarwal Biography
Ritesh Agarwal is the founder & CEO of OYO Rooms. Bishama Katek is a small town in Odisha where Ritesh was born. The young existence of the businessman went in Titilagarh. From a young age, he showed attentiveness in business, and at 13, Ritesh started selling SIM Cards.
Ritesh Agarwal Online Education Platform
At the age of 17, he unfasten his online education platform named Oravel Stays, which was later named OYO Rooms. After seeing the growth in his business, he organize to expand the business to other countries, including China, Europe & the United States. He has won many awards for his entrepreneurship & was also included in Forbes’ 30 under Top 30 Asia list in 2016 & 2018. He was also acknowledged as the youthful Indian billionaire in 2020 by Forbes. Further, we will be discussing regarding Ritesh Agarwal Net Worth.
Ritesh Agarwal Education
Ritesh Agarwal qualify from St. Johns Senior Secondary School, Kota, Rajasthan. He went to the Indian School of Business & Finance, Delhi, but dropped out after being choose for the Thiel Fellowship in 2013.
School: Ritesh Agarwal did his school studies at St. Johns Senior Secondary School.
College: Ritesh Agarwal Education Qualification is not regular as he was a college Dropout from the Indian School of Business and Finance. The University is located in Delhi.
Ritesh Agarwal Biography Overview
Name |
Ritesh Agarwal |
Date of Birth |
November 16 1993 |
Birthplace |
Raigad, Orissa, India |
Age |
30 years (2023) |
Profession |
Businessman, Entrepreneur & Writer |
Founder of |
OYO Rooms |
Beginning of OYO |
In 2013 |
Education |
12 and college dropout |
Religion |
Hindu |
Nationality |
Indian |
Net worth |
$2 billion |
Marital status |
Married |
Hobbies |
Cycling |
Website |
Click Here |
Ritesh Agarwal Wife
Ritesh Agarwal is currently single and not in a relationship with anyone. He is an inspiration to many and is having a busy schedule for making his business-wide and global across the world. He may have but much of information is personal and private.
Ritesh Agarwal Family Details
Ritesh Agarwal be owned by to the Marwari family. They live in Raigad, Odisha. His family has 4 members, his father Ramesh Agarwal, who pass away on March 10, 2023. Ramesh Agarwal is also a businessman. Ritesh Agarwal has his Mother, father and also has siblings but much his family members is not known as much of the information is personal and private. Ritesh Aggarwal Father does job in infrastructure Corporation and his mother is a housewife.
Ritesh Agarwal Net Worth
From a young age, Ritesh started his business. Today, Ritesh’s net worth is on every side Rs $2 billion, amounting to Rs. 16,462 Crore in Indian Rupees. In 2021, he became the youngest entrepreneur in India to be incorporate in Forbes’ billionaire list. He was the 2nd world’s youngest self-made billionaire in 2020 after Kylie Jenner. This isn’t it, there is a lot more about the Entrepreneur.
Ritesh Agarwal Story
In 2013, he won a Thiel fellowship & he dropped out of college. After selection, he planned a start-up named OYO Rooms & that Thiel fellowship will supply him funding & support for his startup idea. In 2014, Ritesh launched OYO Rooms, a low-cost hotel in India. Ritesh was around 20 years old when he distinct to open a business in Hospitality service. His goal to become a billionaire begin by opening OYO. To date, there are several individuals who appreciate staying at comfy hotels that are related with the business.
Ritesh’s Journey of OYO
Programming engineers need to have areas of strength for an and vision. One such greatness is skilled to Ritesh who begun coding at 10 years old years. The small child was excited to accomplish something significant in his life. With his side interest of voyaging, he went to different areas. He tracked down the prerequisite of booking a lodging at reasonable costs in India. Subsequently, he intended to start business venture. He comprehended that individuals of our nation need to invest quality energy while being an extended get-away, so why not with sensible costs.
Ritesh Agarwal information
He got the financing of around $100,000, which assisted with beginning his OYO venture. The idea of OYO represents All alone. Ritesh’s fundamental thought process was to give financial plan well disposed rooms to guests all over India. He chose to make tie-ups with inns to develop their as well as his business. In excess of 1,000 lodgings are subsidiary with OYO Brand at this point. This information is fabulous thinking about the difficult excursion of Ritesh. His family consists of the mother, father and three brothers, Behenen. His father works at Infrastructure Corporation and his mother is a homemaker.
Eye Color & Hair Color
Height (approx.) |
in meters – 1.75 m
in feet-inches – 5’ 9” |
Weight (approx.) |
in Pounds – 154 lbs
in Kilograms – 70 kg |
Eye Color |
Black |
Hair Color |
Black |
Ritesh Agarwal Awards and Honors
As we have shared above, Ritesh had be given many awards. Here is a list of those.
Top 50 Entrepreneurs 2013 |
TATA First Dot Awards |
Eight hottest teenage start-up founders 2013 |
Business Insider |
’20 under 20′ Thiel Fellowship 2013 |
Thiel Fellowship |
Tie-Lumis Entrepreneurial Excellence Award 2014 |
Tie Lumis Entrepreneurial Excellence Award |
Finalist in the Global Student Entrepreneurship Awards |
Global Student Entrepreneur Awards |
Hindi Diwas Speech
Some Lesser Known Facts About Ritesh Agarwal
- Ritesh used to sell SIM cards when he was just 13.
- Though he had register himself for the University of London’s International Programme on condition that by Indian School of Business and Finance, he never in fact felt connected to the course and rather attended a number of entrepreneurship events.
- Ritesh, at 17, when most of the children don’t even know what to do, let fall out of the college to pursue his dream of becoming an entrepreneur.
- Then came ‘OYO Rooms’ in alive in January 2013. It’s an Indian hotel brand that owns, operates and aggregates standardized hotel rooms. The firm operates in Malaysia as well in Nepal.
- In 2013, he was propose for ‘Thiel Fellowship,’ a 2-year program initiated by PayPal founder Peter Theil. Applicants are trained by some of the revolutionary entrepreneurs like Mark Zuckerberg, Elon Musk, etc. He was also paid a fellowship of $100,00 during that period. He was the first Asian to have be given Thiel fellowship.
- Begin in just one city of India, his firm, as of April 2017, has around 70,000 rooms in 7,000 hotels across 200 towns of India.
- In August 2023, he split a throwback picture on Twitter from 2013/14; in the picture, Agarwal is seen talking to a customer on the phone while the front office manager of his 3rd property in Gurgaon is standing along with him. Ritesh wrote.
Ritesh Agarwal Marital Status
Marital Status |
Unmarried |
Wife/Spouse |
None |
Affairs/Girlfriends |
Not Known |
Ritesh Agarwal Education Qualification, School & College
However, to start his business, he did not complete his higher education and left university halfway through. Ritesh was very inspired by Bill Gates, Steve Jobs and Mark Zuckerberg from an early age. Today, Ritesh is an entrepreneur from India who started his entrepreneurial career at the age of 17, something very few people are capable of doing at a young age.
Educational Qualification |
College Dropout |
School |
St. Johns Senior Secondary School |
College/University |
Indian School of Business and Finance |
Ritesh Agarwal Favourite Things/Like & Dislike
Favourite Sport |
Cricket |
Favourite Actor |
Priyanka Chopra, Salman Khan |
Favourite Foods |
Parota |
Hobbies |
Cycling |
Ritesh Agarwal Money Factor
Ritesh Agarwal Social Media Accounts & Channels
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Ritesh Agarwal Biography Height & Weight
Ques & Ans Related to Ritesh Agarwal Biography
Who is Ritesh Agarwal brief history?
Ritesh was born in the scenic town of Bissam Cuttack, in the state of Odisha, India. He comes from a family of small-time entrepreneurs who ran a modest business in Southern Orissa. At the age of eight, Ritesh discovered his love for coding and spent a large portion of his day learning how to code software.
Who is the CEO of OYO?
Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. Travelling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the budget hotel category.
Is Ritesh Agarwal really a billionaire?
He became the world’s youngest self-made billionaire. In 2020, his net worth was Rs 7253 crore. His business is now spread across 300 cities. He owns 33 percent of the company that had become a Unicorn.