Mumbai – India’s billionaire landscape has seen a remarkable transformation in 2024, marked by an unprecedented increase in the number of young entrepreneurs achieving billionaire status. According to the Hurun Rich List 2024, the number of billionaires in India has surged by 29% from the previous year, with 220 new entrants pushing the total count to 1,539. This is the first time the list has surpassed 1,500 entries.
While the average age of billionaires globally is around 66 years, this year’s list highlights a new generation of young Indian billionaires who are redefining success through innovation and entrepreneurship. Leading the charge are the founders of the quick-commerce startup Zepto.
Here’s a look at the top 10 youngest Indian billionaires in 2024:
- Kaivalya Vohra – 21 years old, Co-founder of Zepto, with a net worth of ₹3,600 crore.
- Aadit Palicha – 22 years old, Co-founder of Zepto, with a net worth of ₹4,300 crore.
- Rohan Gupta & Family – 25 years old, from SG Finserve, with a net worth of ₹1,300 crore.
- Shasvat Nakrani – 26 years old, from BharatPe, with a net worth of ₹1,300 crore.
- Aashish Agarwal – 28 years old, from Aashish Enterprises, with a net worth of ₹950 crore.
- Ritesh Agarwal – 30 years old, Founder of Oyo Rooms, net worth of ₹1,500 crore.
- Harsha Reddy Ponguleti – 30 years old, from Harsha Ventures, net worth of ₹1,200 crore.
- Trishneet Arora – 30 years old, from TAC Security, net worth of ₹1,100 crore.
- Aditya Kumar Halwasia – 30 years old, from Halwasia Investments, net worth of ₹1,000 crore.
- Alakh Pandey – 32 years old, Founder of Physics Wallah, with a net worth of ₹4,500 crore.
The Hurun Rich List emphasizes that these young entrepreneurs are not only amassing substantial wealth but are also influencing various sectors through their innovative approaches and relentless drive. Their achievements underscore the growing role of India’s youth in shaping the future of business and technology.
The list also highlights the remarkable diversity of industries represented by these young billionaires, from fintech and edtech to quick commerce and cybersecurity. This trend signifies a shift in how wealth is being created and distributed in India, reflecting the dynamism of the country’s emerging entrepreneurial ecosystem.
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