Ritesh Agarwal: short story of the young billionaire

Ritesh Agarwal is inspiration for young entrepreneurs. He dropped the college and created successful company, becoming one of the richest man in India.


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Ritesh Agarwal (26) is the creator and CEO of the Oyo Rooms (Oyo Hostels and Homes). Born in Odisha, India, he was showing interest for software in the early childhood, which with time translated into his business. His story shows that passion and ambition are sometimes more important than just a college degree.

Ritesh Agarwal  story

Agarwal was an unconventional child. He learnt to code when he was 8, started his first job at 13 as a SIM card seller, dropped college after 2 years and founded the company: Oyo Rooms at 19. Agarwal wanted the control over the TV remote in the family house and that is how he came with the idea for business, which within 4 years turned into success. 

As reported by  Hurun Global List 2020 Ritesh Agarwal has a net worth of $ 1.1 billion. It makes him a “second youngest self-made billionaire“. The first place is taken by Kylie Jenner, American celebrity and owner of cosmetics company, who received the title at the age of 21. Moreover, Agarwal was complimented by Donald Trump, President of the United States, who called him a “brilliant businessman“.

About Oyo Rooms
Oyo Rooms is a chain of affordable hostels and houses located all around the world. 800 cities, more than 43.000 hostels and 130.000 homes makes the young startup one of the leading booking platform.

If you would like to gain insights into Ritesh Agarwald story and learn more from his experience, visit: https://www.xpert.chat/p/ritesh-agarwal?ref=k90i8

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Monika Szafrańska (SEO Intern in Xpert)
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