Biography, Early Life, age, height, career, education, club career, net worth, wife, family, relation
| Name | Ritesh Agarwal |
| Born | 16 November 1993 (age 29)
Bissam Cuttack, Rayagada, Odisha, India |
| Occupation(s) | CEO and Founder of OYO |
| Years active | 2012–present |
| Organization | OYO Rooms |
| Awards | Thiel Fellowship, Business World Young Entrepreneur Award |
| Net Worth |
Ritesh Agarwal is a young and dynamic Indian entrepreneur, investor and founder of OYO Hotels & Homes. Born on November 16th, 1993 in Rayagada, Odisha, India, Ritesh is one of the youngest self-made billionaires in India.
Ritesh Agarwal Early Life
Ritesh-Agarwal was born and brought up in Rayagada, Odisha, India. He completed his schooling from St. Johns Senior Secondary School in Rayagada and later moved to Kota, Rajasthan for higher studies. Ritesh had a keen interest in entrepreneurship since childhood and started his first venture by selling SIM cards while he was still in school.
Ritesh Agarwal Age and Height
Ritesh-Agarwal is currently 29 years old, standing tall at a height of six feet and weighing around 70 kg.
Ritesh Agarwal Career
Ritesh-Agarwal started his career as an entrepreneur at a very young age. In 2013, he founded Oravel Stays, which later became OYO Rooms, with the idea of providing affordable and standardized accommodation to travellers across India. The company grew rapidly and expanded its operations to several countries around the world.
In 2018, Ritesh-Agarwal launched OYO Home, a platform for vacation rentals and holiday homes. Today, OYO Hotels & Homes is valued at over $10 billion and has revolutionized the hospitality industry in India.
Ritesh Agarwal Education
Ritesh-Agarwal attended St. Johns Senior Secondary School in Rayagada, Odisha. He later dropped out of college to focus on his entrepreneurial ventures.
Ritesh Agarwal Club Career
Ritesh-Agarwal does not have a club career as he is an entrepreneur and investor.
Ritesh Agarwal Net Worth
As of 2021, Ritesh-Agarwal’s net worth is estimated to be around $1.5 billion, making him one of the youngest self-made billionaires in India.
Ritesh Agarwal Wife and Family
Ritesh-Agarwal is currently unmarried and does not have any children. He comes from a middle-class family in Rayagada, Odisha, and has credited his upbringing for instilling in him the values of hard work and perseverance.
Ritesh Agarwal Relation
Ritesh-Agarwal shares a close bond with his family, especially his parents, who have been his biggest supporters throughout his entrepreneurial journey. He is also known to be good friends with other entrepreneurs in the startup community, such as Bhavish Aggarwal of Ola and Kunal Shah of FreeCharge.
In conclusion, Ritesh-Agarwal’s journey from a small town in Odisha to becoming one of India’s youngest billionaires is truly inspiring. His vision and entrepreneurial spirit have transformed the hospitality industry in India and made him a role model for aspiring entrepreneurs around the world.
Ritesh Agarwal Facts
Here are some interesting facts about Ritesh Agarwal:
- Ritesh-Agarwal is the founder and CEO of OYO Hotels & Homes, which is one of the world’s largest hotel chains with over 1.5 million rooms across 80 countries.
- He was just 19 years old when he founded Oravel Stays, which later became OYO Rooms.
- In 2013, Ritesh won the Thiel Fellowship, a prestigious program that provides young entrepreneurs with $100,000 to drop out of college and pursue their business ideas.
- Ritesh-Agarwal is the first Indian to be awarded the Peter Thiel Fellowship.
- He was named in Forbes’ 30 Under 30 list in 2016, and in Time magazine’s 100 most influential people in the world list in 2020.
- Ritesh-Agarwal has invested in several startups in India, including Innov8, Drivezy, and Awfis.
- He is an alumnus of the Indian School of Business in Hyderabad.
- Ritesh-Agarwal is passionate about travelling and exploring new destinations. He often shares his travel experiences on social media.
- In 2020, during the COVID-19 pandemic, Ritesh- Agarwal pledged to donate his entire year’s salary towards supporting the welfare of OYO employees and their families.
- He is known for his simplicity and humility despite his immense success and wealth.
Ritesh Agarwal FAQs
Here are some frequently asked questions about Ritesh Agarwal:
- What is Ritesh Agarwal’s net worth?
Answer: As of 2021, Ritesh-Agarwal’s net worth is estimated to be around $1.5 billion. - Which company did Ritesh Agarwal found?
Answer: Ritesh-Agarwal founded Oravel Stays, which later became OYO Rooms, a hotel chain that provides affordable and standardized accommodation to travellers across India. - How old was Ritesh Agarwal when he founded OYO Rooms?
Answer: Ritesh-Agarwal was just 19 years old when he founded Oravel Stays, which later became OYO Rooms. - What is the valuation of OYO Hotels & Homes?
Answer: As of 2021, OYO Hotels & Homes is valued at over $10 billion. - What is Ritesh Agarwal’s educational qualification?
Answer: Ritesh-Agarwal dropped out of college to pursue his entrepreneurial ventures. He is an alumnus of the Indian School of Business in Hyderabad. - What other startups has Ritesh Agarwal invested in?
Answer: Ritesh-Agarwal has invested in several startups in India, including Innov8, Drivezy, and Awfis. - Is Ritesh Agarwal married?
Answer: No, Ritesh-Agarwal is currently unmarried and does not have any children. - Where is Ritesh Agarwal from?
Answer: Ritesh-Agarwal is from Rayagada, Odisha, India. - What philanthropic work has Ritesh Agarwal done?
Answer: During the COVID-19 pandemic, Ritesh-Agarwal pledged to donate his entire year’s salary towards supporting the welfare of OYO employees and their families. - Has Ritesh Agarwal won any awards for his work?
Answer: Yes, Ritesh-Agarwal has won several awards for his contributions to the hospitality industry, including being named in Forbes’ 30 Under 30 list in 2016, and in Time magazine’s 100 most influential people in the world list in 2020.