The visionary founder and CEO, Ritesh Agarwal, of OYO Rooms has left an incomparable mark in the hospitality industry. Having initiated his entrepreneurial journey at a very young age, Agarwal reshaped a simple idea into one of the world’s largest hotel chains. This article depicts the biography of Ritesh Agarwal, net worth, achievements, and much more.
Ritesh Agarwal Biography
Here is, in brief, a description of the key elements in the biography of Ritesh Agarwal:
Category | Details |
Full Name | Ritesh Agarwal |
Ritesh Agarwal Born | November 16, 1993, Bissam Cuttack, Odisha, India |
Ritesh Agarwal Profession | Entrepreneur, Founder & CEO of OYO Rooms |
Ritesh Agarwal Notable Works | Founding OYO Rooms, a global hospitality chain |
Ritesh Agarwal Education | Dropped out from Indian School of Business and Finance, Delhi |
Ritesh Agarwal Family | Comes from a business-oriented family in Odisha |
Ritesh Agarwal Notable Achievements | Youngest self-made billionaire in India, Forbes 30 Under 30 Asia |
Ritesh Agarwal Net Worth
Following is the estimated breakdown of Ritesh Agarwal’s wealth:
Source of Income | Estimated Value | Details |
OYO Rooms Equity | $1.1-1.5 Billion | Majority of his wealth comes from his stake in OYO. |
Investments | $100-150 Million | Investments in tech startups and hospitality ventures. |
Speaking Engagements & Consultancy | $10-20 Million | Income from business seminars, conferences, and advisory roles. |
Real Estate Holdings | $20-30 Million | Personal investments in real estate properties globally. |
Total Estimated Net Worth | $1.3-1.7 Billion | Wealth accumulated through business ventures and strategic investments. |
Ritesh Agarwal Social Media Presence
Ritesh Agarwal is active on social media, where he shares his business insights and personal experiences:
Platform | Followers | Engagement |
1+ Million | Shares business strategies, leadership lessons, and OYO updates. | |
500,000+ | Tweets about entrepreneurship, technology, and industry trends. | |
300,000+ | Personal glimpses into his life, travels, and company milestones. |
Ritesh Agarwal Achievements
Ritesh Agarwal has achieved a number of milestones throughout his entrepreneurial journey:
- OYO Rooms Founder: The largest chain of hotels across the world operating in more than 80 countries.
- Youngest Self-Made Billionaire of India: Billionaire status attained at an age of 26 years.
- Forbes 30 Under 30 Asia: Made it into this list by changing the budget hospitality sector face value.
- Global Expansion: Agarwal masterminded Oyo’s aggressive global expansion in top markets such as China, US, and Europe.
- Tech Innovator: Supported the use of technology to smoothen operations in the hospitality industry.
Ritesh Agarwal Favorite Things
Following are some of the personal favourites of Ritesh Agarwal:
Category | Favorite |
Food | Indian street food, especially from Odisha |
Car | Prefers practical and eco-friendly vehicles |
Hobbies | Traveling, reading business books, exploring new cultures |
Fashion | Simple, business-casual style |
Influences | Steve Jobs, Elon Musk, Indian entrepreneurs like Narayana Murthy |
Frequently Asked Questions (FAQs) About Ritesh Agarwal
How much is Ritesh Agarwal’s net worth?
The current estimated net worth varies between $1.3 and $1.7 billion, rooted majorly in his stake from OYO Rooms and other investments.
How did Ritesh Agarwal get so successful?
He found OYO Rooms, which standardized budget hospitality in a modern way across the world.
Which companies does Ritesh Agarwal own?
Other than OYO Rooms, he has invested in several technology ‘start-ups’ and hospitality ventures.
Is Ritesh Agarwal on social media?
He is very active, always sharing business insights, personal stories, and updates about OYO on LinkedIn, Twitter, and Instagram.
What is Ritesh Agarwal planning to do in the near future?
Global expansion of OYO, investments in emerging technologies, support for entrepreneurship initiatives across the world.