Ritesh Agarwal Biography:- You can learn more about Ritesh Agarwal’s biography, net worth, age, education, background, and family in this page. The world’s youngest self-made billionaire is Ritesh Agarwal. has an estimated net worth of $1.1 billion (Rs. 7253 crore). The required information about Ritesh Agarwal’s biography will be shared later in this post. Indian businessman and entrepreneur Ritesh Agarwal. The company oyo rooms was founded by Ritesh Agarwal. R
itesh barely completed his 12th grade studies. Ritesh Agarwal moved to Kota to study engineering but stopped his studies in the middle. did not pursue a degree. Ritesh Agarwal spent 13 years travelling, and every time he stayed in hotels, he disliked the staff; the linens appeared unclean, the bed wasn’t maintained clean, and the food wasn’t always accessible. Ritesh Agarwal attended a lot of events on the weekends while studying engineering in Kota, and he also took an entrepreneur course.
Ritesh Agarwal Biography
OYO Rooms’ founder and CEO is Ritesh Agarwal. Ritesh was born in the tiny Odisha town of Bishama Katek. The industrialist spent his formative years at Titilagarh. Ritesh exhibited an early interest in business, and at the age of 13, he began selling SIM cards. He launched his online learning site, Oravel Stays, when he was just 17 years old.
OYO Rooms followed. He intended to extend the company to other nations, such as China, Europe, and the United States, after observing the rise in his firm. He has received several honours for his business, and in 2016 and 2018, Forbes included him among the 30 under 30 in Asia. Additionally, Forbes recognized him as the nation’s youngest billionaire in 2020. We will also talk about Ritesh Agarwal’s net worth.
Ritesh Agarwal Biography Overview
|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|
|Net worth||$2 billion|
What is the Age of Ritesh Agarwal?
On November 16, 1993, he was born in Orissa, India. He’s thirty years old. He was eager to launch his own firm from an early age. So, after finishing his education, he started his work.
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Ritesh Agarwal Education
Ritesh Agarwal knew he wanted to start his own business from the outset. At the age of 8, he began studying coding and technology. Ritesh Agarwal attended “sacred heart school Orissa” for his academics up till the tenth grade. He moved to Kota to pursue engineering after this. Ritesh continued to study despite not feeling like it. Ritesh frequently travelled to other cities and participated in entrepreneurial activities on the weekends, which is why he was not chosen for an engineering programme. He then quit his studies and moved to Delhi with the intention of launching a company. Age of Ritesh Agarwal.
Ritesh Agarwal Family Details
Marwari people make up Ritesh Agarwal’s family. His relatives reside in Odisha. Ritesh Agarwal’s parents make up his family. Ramesh Agarwal was Ritesh Agarwal’s father. Ramesh Agarwal passed away on March 10, 2023 as a result of falling from a multistory structure. His mother was a homemaker, while his father was a businessman. There are three siblings for Ritesh Agarwal. And none of their names are known to us. Geetansha Sood is another woman who Ritesh Agarwal dates. With his family, Ritesh is really content. wife of Ritesh Agarwal. Death of Ritesh Agarwal’s father.
- Mother’s Name – Not Known
- Father’s Name – Ramesh Agarwal
- Siblings Name – Not Known
- Wife’s Name – Geetansha Sood
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Ritesh Agarwal Net Worth
Ritesh started his company at an early age. Ritesh’s current net worth is around $2 billion, or Rs. 16,462 crore in Indian Rupees. He was the youngest Indian entrepreneur to be listed on Forbes’ billionaires list in 2021. After Kylie Jenner, he was the second-youngest self-made millionaire in the world in 2020. There is a lot more to the entrepreneur than this.
Ritesh Agarwal’s marriage marriage
The wedding for Ritesh Agarwal is scheduled for March 7, 2023. The girlfriend of Ritesh Agarwal is getting married. Geetansha Sood is the name of Ritesh Agarwal’s wife. The director of Formation Venture is Geetansha Sood. On February 19, Ritesh Agarwal, his mother, and his fiancée had just left to give Prime Minister Narendra Modi his wedding card. This image was shared on social media by him. And it is stated that with Prime Minister Narendra Modi’s approval, we are completely prepared to enter a new relationship. founder of Oyo Ritesh Agarwal.
Ritesh Agarwal Story
After receiving a Thiel scholarship in 2013, he decided to leave college. Following his selection, he planned to launch a company called OYO Rooms, and the Thiel fellowship will give him the funds and assistance he needs to do it. Ritesh opened OYO Rooms, a budget hotel, in India in 2014. When Ritesh made the decision to launch a hospitality service firm, he was just 20 years old. By founding OYO, he began his journey towards becoming a millionaire. There are many people who like staying in the cosy hotels connected to the company to this day.
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Career of Ritesh Agarwal
He quit his studies as a result. Ritesh developed a concept in 2013 to address the issue of messy hotel rooms. They believed that while everything was good in large hotels, middle class families couldn’t afford to stay there. Those folks ought to be given with a decent hotel room at a reasonable price. He established the OYO firm in this manner. In 2013, Ritesh Agarwal founded oyo rooms. And today, everybody knows about and uses oyo all across the world. Without a degree, Ritesh Agarwal has grown to be a very successful businessman. They are listed among the young wealthy.
Ritesh’s Journey of OYO
Software engineers must have a clear vision and a powerful intellect. One such accomplishment belongs to Ritesh, who began programming at the age of ten. The young boy was eager to accomplish a significant life goal. He travelled to many different places as a pastime. In India, he discovered the need to make a hotel reservation at a reasonable price. He therefore intended to start his own business. He saw the necessity for our nation’s citizens to spend quality time while on vacation, so why not provide affordable rates?
He obtained money in the neighborhood of $100,000, which aided in the beginning of his OYO adventure. OYO stands for On Your Own in the idea. The major goal of Ritesh was to offer inexpensive lodging to travellers coming from all around India. He made the decision to partner with hotels in order to expand both their and his business. As of right moment, OYO Brand is associated with more than a thousand hotels. Given Ritesh’s difficult path, this data is wonderful.
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Ritesh Agarwal Awards and Honors
As we have shared above, Ritesh had received 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|
What should be learned in Ritesh Agarwal’s life?
The CEO and Founder of OYO Groups is Ritesh Agarwal. Ritesh Agarwal has worked so hard to reach such great accomplishment. Ritesh Agarwal went to Kota to study engineering, but he soon decided that he wanted to go into business. And even though he did not have a degree, he is listed as one of the youngest wealthy businessmen in the world today. Ritesh Agarwal’s life may teach us that we should never stop trying because success will come to us sooner or later.
Ritesh Agarwal Biography FAQ’S
Who is Ritesh Agarwal biography?
Ritesh Agarwal, hailing from Bissam Cuttack, Odisha, India, was born into a Marwari family and raised in Titilagarh. His family used to operate a small shop in the city of Rayagada in Southern Odisha, where he also completed his education at Sacred Heart School. Beginning at the tender age of 13, he embarked on a career selling SIM cards.
At what age did Ritesh Agarwal start?
Ritesh Agarwal established Oyo Hotels in 2013 when he was just 24 years old. Holding a net worth of $1.1 billion, Agarwal's rise from a modest upbringing to becoming a prominent figure in the hospitality sector demonstrates his relentless determination and entrepreneurial mindset.
Why are OYO Rooms so famous?
OYO Rooms (currently known as OYO Hotels & Homes) gained popularity due to several reasons. One of the main factors was its affordability, as OYO Rooms provided budget-friendly prices for travelers who were conscious of their expenses. This made it a highly appealing choice for individuals seeking a cost-effective accommodation option.