Biography of Ritesh Agarwal
Ritesh Agarwal is a young entrepreneur and founder and CEO of OYO Hotels & Homes. He is one of India’s billionaire entrepreneurs and owns the largest hotel chain, with monthly revenues of US$ 3.5 million and 1,500 employees. Ritesh made history in 2020 by becoming the world’s second-youngest billionaire at age 27.
Agarwal was born in Bissam Cuttack and brought up in Titilagarh. He completed primary school at Sacred Heart School before joining St. John Senior Secondary School on Bundi Road, Kota. He later enrolled in a college in Delhi in 2011 but dropped out after being selected for the Thiel Fellowship in 2013. While in college, he started a budget accommodation portal called Oravel Stays which was accepted in 2012.
Later, after joining the Thiel Fellowship program, Agarwal became the program’s winner and received a grant of $100,000 from the company. After that, he set up OYO Room Company. Ritesh is also the owner of the book titled “Indian Engineering Colleges” which was a huge hit after it was released. His company has helped owners of participating small and independent hotels improve the quality of their services through major and minor upgrades.
From there, OYO started to grow and ended up becoming popular, attracting investors and later becoming part of the “unicorns” club. As OYO Room expanded to become OYO Hotels & Homes, a complete hotel chain that includes more than 43,000 hotels in 80 countries. Agarwal has also received numerous awards and recognitions, including the Business World Young Entrepreneur Award. He was also featured on Forbes’ “30 Under 30” list of global entrepreneurs.
As of 2020, Ritesh has an estimated net worth of $1.1 billion, making him the second youngest billionaire in the world. Early on, the company set a benchmark by generating revenue of $951 million under the leadership of Ritesh Agarwal. Currently, OYO employs more than 17,000 people worldwide, with around 8,000 based in India and South Asia. Furthermore, it has established 26 training centers for hospitality enthusiasts across India. As of 2022, Agarwal has been recognized by the International Hospitality Institute in the Global 100 in Hospitality, a list of the 100 most powerful people in global hospitality.
It was Ritesh Agarwal
Ritesh is 29 years old in 2023. He was born in November 16, 1993 in Bissam Cuttack, Rayagada, Odisha, India. Furthermore, he celebrates his birthday on November 16 every year.
Ritesh Agarwal Height/Weight
Agarwal stands at an average height of 5 feet 9 inches high. He has a weight of 70 kilos.
Partner Ritesh Agarwal
Ritesh recently got married to Geetansha Sood in a five star hotel in Delhi. Prime Minister Narendra Modi, Reliance Industries Chairman Mukesh Ambani and other VIPs are expected to attend the reception. Furthermore, Union Minister Prahlad Singh Patel met with the couple on Tuesday and shared photos of the encounter congratulating the couple.
Ritesh Agarwal family
Agarwal was born in Bissam Cuttack a small town in Odisha and brought up in Titilagarh. His family used to run a small shop, so he was exposed to the entrepreneurial life as a child. He also has a brother whose identity has not been released.
Ritesh Agarwal Net Worth
Ritesh has an estimated net worth of $1.1 billion dollars. This includes your personal assets, money and income. He accumulated his fortune from his successful career as an entrepreneur.