Top 10 Youngest Indian Billionaires 2022

Success is not achieved in just one day. It takes years and years of hard work and dedication to reach greater heights and remain there. But this age-old belief does not fit in when we talk about these young individuals who have achieved so much in very less time. While most of us find it hard to find our key to success, there are many out there who have achieved success and became billionaires.

Their stories are inspiring and their efforts are endless. That’s what made them appear in the list of billionaires from all over the world published by Forbes magazine.

These are the people who not only took the burden on their shoulders of making their organizations flourish at such a young age, but also made their businesses sustainable and successful, and prospered with time.

Let’s have a look at the list of top 10 billionaires of India that marked a place in Forbes magazine as the youngest Indian Businessmen 2022.

1. Sachin Bansal of Flipkart

Age: 40 years
Forbes Ranking: 2190
Real Time Net worth: $1.3 Billion

Sachin Bansal is the co-founder of Flipkart. In 2007, along with one of his friends, he decided to put his savings into an online platform for selling books-Flipkart, which has now become a popular e-commerce website.

Being an IITian, Sachin Bansal completed his undergraduate degree in Computer Engineering.  He previously worked at Amazon. In 2018, 77% stakes of Flipkart were brought by Walmart for $16 Billion. It was the biggest deal in the online industry.

Apart from Flipkart, Bansal also holds Navi Technologies which provides different types of loans to the middle-class.

2. Vijay Shekhar Sharma of Paytm

Age: 43 years
Forbes Ranking: 2324
Real Time Net worth: $1.2 Billion

The life story of Vijay Shekhar Sharma, is no less than a feature film. From being a son of a school teacher hailing from a small city in northern parts of India to becoming the richest and the youngest billionaire of India, his journey is truly an inspiration for most of us.

He founded India’s most-used mobile wallet, Paytm, in 2011 to make the payments system in India more digital and easily accessed on mobile.

Currently, he owns a stake of 14.67% percent in the company. To add to his expertise, he is the man behind the creation of Paytm Mall and Paytm Payments Bank.

Around 300 million Indians and 20 million merchants has registered themselves on Paytm. It has made their digital transactions easier. Every single thing has been enrolled on this app, be it mobile recharge, booking movie tickets, recharging metro cards, or donating for a social cause (PM Cares Fund), you can do everything with just one click.

3. Ranjan Pai of Manipal Group

Age: 49 years
Forbes Ranking: 2076
Real Time Net worth: $1.4 Billion

Bengaluru-based billionaire Ranjan Pai has settled for a big place in the Indian healthcare sector bringing him into the direct playoffs against the market leader, Apollo Hospitals.

Ranjan Pai is a young doctor by profession who is the Chairman of the Manipal Education and Medical Group. The group focuses on education, healthcare, and research. It has about six colleges and 27 hospitals under its umbrella. More than one lakh students are enrolled in the famous Manipal University. It has campuses in Dubai, Malaysia, Antigua, and Nepal.

Pai acquired a stake of 51% in the Cigna TTK Health Insurance. It was then renamed as Manipal Cigna Health Insurance. In 2021, Columbia Asia Hospitals chain and Vikram Hospital were also acquired by Manipal Hospitals

4. Acharya Balkrishna of Patanjali Ayurved

Age: 49 years
Forbes Ranking: 1579
Real Time Net worth: $1.9 Billion

Acharya Balkrishna, chairman of Patanjali Ayurved, is an unbelievable story in himself. How he rose to fame teaching yoga to people and became a billionaire business tycoon definitely deserves a round of applause. From being a yoga guru to running one of India’s fastest growing FMCG company, his life journey serves as an inspiration.

In the times of scientifically-manufactured products, he has left no stones unturned in making the people of the country go for his Ayurved based products. He owns a stake of 94% in the company, which he co-founded with yoga guru Baba Ramdev.

5. Vikas Oberoi of Oberoi Realty Limited

Age: 51 years
Forbes Ranking: 951

Real Time Net worth: $3.2 Billion

Real-estate magnate Vikas Oberoi is the Chairman and Managing Director of the Mumbai-listed Oberoi Realty Limited which is well-known for its expensive and luxurious suburban apartments. Oberoi has over 20 years of experience in this sector and takes care of the planning and management execution of the company. He currently owns a Westin hotel in the suburbs of Mumbai and is constructing the city’s first Carlton hotel and residences. His idea behind the constructions by his company is to build schools, hotels, and malls around residential areas to give a luxury appeal to the Mumbai city.

6. Arvind Tiku of AT Capital Group

Age: 45 years
Forbes Ranking: 1397
Real Time Net worth: $ 2.2 Billion

Arvind Tiku is the founder and the current Managing Director of AT Capital Group. He was born in India but later migrated to Singapore in 2007 becoming its resident. Being a medical engineering student, he always has interests in property, oil and gas, and renewable energy which he cultivated through his company.

At the age of 18, he left India to pursue medical engineering in Russia and was employed as a commodities trader before entering into the oil and gas business in Kazakhstan. He also enjoys a stake in London-listed Nostrum Oil & Gas. Tiku has made investments in India’s renewable energy projects which are meant for sale. He is developing commercial and residential real estate in North India and Netherlands.

7. Binny Bansal of Flipkart

Age: 39 years
Forbes Ranking: 2190
Real Time Net worth: $1.3 Billion

Binny Bansal is the co-founder of Flipkart. He along with Sachin Bansal found the e-commerce giant as an online seller of books. He is owner of only 2.7% stakes in the company. Making an exit from the firm in 2018, Binny owns a firms called xto1ox Technologies, where he mentors startups from Singapore. He is also an investor in 021 Capital, that focusses on investing in biotechnology, agritech and the internet.

8. Byju Raveendran and Divya Gokulnath of Byju’s

Age: 40 years
Forbes Ranking: 822
Real Time Net worth: $3.5 Billion

Byju Raveendran is a former mathematics tutor and the founder of Byju’s. It is an online ed-tech company that was founded in 2011. According to its last funding round that happened in March 2022, Byju’s has a value of $ 22 billion. Mark Zuckerberg and Tencent are one of its investors. Raveendran’s wife, Divya Gokulnath is also the part of the board of the company. A total of 42 million downloads has been registered on Byju’s flagship app that helps in online tutoring of school students.

9. Karthik Sharma of hedgefund

Age: 47 years
Forbes Ranking: 984
Real Time Net worth: $3.1 Billion

Karthik Sharma is the founder of hedge fund SRS Investment Management. It was founded in 2006. Prior to that Karthik was working in Chase Coleman’s Tiger Global. He has also worked as a consultant at McKinsey for three years. He is managing a company called Avis, in which he owns 43% of the company through stocks. In 2021, he earned 35% returns for the same.

10. Ravi Modi of Vedant Fashions

Age: 45 years
Forbes Ranking: 1238
Real Time Net worth: $2.5 Billion

Named after his son, Vedant Fashions was started by Ravi Modi in 2002 in Kolkata. It manufactures traditional Indian garments. Its popular brands include Manyavar, which is known for its men and women Indian wedding attires.

Ravi’s wife Shilpa is a member of the board in the company. Also, his son Vedant serves as the Chief Marketing Officer. Total Revenue of Vedant Fashions is valued at $85 million with 600 stores in India and 11 stores abroad.

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