Ritesh Agarwal net worth is estimated to be $225 million, showcasing his remarkable journey from a small-town entrepreneur to a global business leader.
Ritesh Agarwal, the founder and CEO of OYO Rooms, is a prominent name in the business world. Born on November 16, 1993, in Odisha, India, he has transformed the hospitality industry. His innovative approach and entrepreneurial spirit have earned him a spot among the youngest Indian billionaires.
Ritesh Agarwal Bio/Wiki
| Category | Details |
| Full Name | Ritesh Agarwal |
| Date of Birth | November 16, 1993 |
| Place of Birth | Odisha, India |
| Nationality | Indian |
| Profession | Founder & CEO of OYO Rooms |
| Net Worth (2024) | $225 million |
| Industry | Hospitality, Entrepreneurship |
| Notable Recognition | Forbes 30 Under 30 (Asia) |
| Company Founded | OYO Rooms (2013) |
| Key Contribution | Revolutionized the hospitality industry by offering affordable, standardized accommodations for travelers. |
Who is Ritesh Agarwal?
Ritesh Agarwal is an Indian billionaire entrepreneur, born on November 16, 1993, in Odisha, India. He founded OYO Rooms in 2013, transforming the hospitality industry with affordable, standardized accommodations.
Ritesh’s innovative approach earned him recognition and accolades, including a spot on Forbes 30 Under 30 for Asia. Despite his success, he remains humble and dedicated to his vision. Ritesh Agarwal net worth stands at an impressive $225 million as of 2024. This extraordinary achievement highlights his journey from a small-town entrepreneur to a global business leader, making significant strides in the hospitality sector.
Ritesh Agarwal Early Life and Background
Ritesh Agarwal was born in a Marwari family in Odisha, India. His entrepreneurial spirit was evident early on. His family ran a small shop, giving him firsthand business experience. He attended Sacred Heart School and later St. John’s Senior Secondary School.
In 2011, he moved to Delhi to pursue higher education. However, he soon dropped out to focus on his business dreams. His determination and early exposure to entrepreneurship laid the foundation for his future success. Today, Ritesh Agarwal net worth reflects his hard work and innovative mindset.
Ritesh Agarwal Amazing Career
Ritesh Agarwal’s career took off when he founded Oravel Stays, later rebranded as OYO Rooms in 2013. The platform revolutionized budget accommodations, quickly expanding to over 80 countries.
His strategic decisions, like raising US$1 billion in 2018 and purchasing US$2 billion in shares in 2019, significantly boosted OYO’s valuation. In 2024, he appeared on Shark Tank India, sharing his expertise with aspiring entrepreneurs. Ritesh Agarwal net worth surged due to these accomplishments, making him one of the youngest billionaires. His relentless pursuit of innovation and growth has set new standards in the hospitality industry.
Ritesh Agarwal Height, Weight, and Physical Appearance
| Category | Details |
| Height | 5’8″ (173 cm) |
| Weight | Approx. 70 kg (154 lbs) |
| Eye Color | Black |
| Hair Color | Black |
| Skin Tone | Medium |
| Build | Slim |
Ritesh Agarwal Relationship Status
Ritesh Agarwal married Geetansha Sood, a native of Lucknow, on March 7, 2023. The couple’s relationship has been a topic of interest among fans and the media. Despite his busy schedule, Agarwal maintains a balanced personal life.
His marriage has not only brought him personal happiness but has also influenced his professional decisions positively. This stable relationship complements Ritesh Agarwal net worth, reflecting both his personal and professional growth.
Ritesh Agarwal Net Worth
Ritesh Agarwal’s net worth is a testament to his visionary approach and relentless drive. By 2024, Ritesh Agarwal net worth reached $225 million, a significant milestone for the young entrepreneur.
His strategic investments and innovative business model at OYO Rooms propelled him to this enviable position. Agarwal’s ability to identify market gaps and his commitment to affordable, quality accommodations have been key drivers of his financial success. His journey from a small-town entrepreneur to a global leader is inspiring, marking him as one of the youngest billionaires in India.
Ritesh Agarwal Plans and Goals
Ritesh Agarwal aims to expand OYO Rooms into new international markets, focusing on the United States, United Kingdom, and Southeast Asia. His vision includes leveraging technology to enhance customer experiences.
Agarwal is also keen on promoting spiritual tourism, predicting it to be a major driver in India’s tourism industry. He plans to diversify OYO’s offerings, adding luxury accommodations and co-living spaces. These strategic goals align with increasing Ritesh Agarwal net worth, showcasing his relentless ambition and forward-thinking approach in the hospitality sector.
Ritesh Agarwal on Social Media
| Platform | Username | Followers/Connections | Details |
| @riteshagarwal | 450K+ | Ritesh shares business insights and company updates. | |
| @riteshagarwal | 200K+ | Ritesh posts personal moments, travel, and professional achievements. | |
| Ritesh Agarwal | 150K+ | Focuses on professional networking and industry insights. | |
| Ritesh Agarwal | 30K+ | Shares updates related to OYO and his entrepreneurial journey. |
Fun Facts about Ritesh Agarwal Net Worth
- Early Bird Entrepreneur: Ritesh started his first business at the age of 17, showcasing his early entrepreneurial spirit.
- Thiel Fellowship Winner: He was the first Indian resident to win the Thiel Fellowship, earning a $100,000 grant.
- Polyglot: Ritesh is multilingual, fluent in Odia, Marwari, English, and Hindi, reflecting his diverse cultural background.
- Forbes Recognition: He was featured in Forbes 30 Under 30 Asia list, highlighting his significant impact in the business world.
- Dog Lover: Ritesh is an avid dog lover and often shares pictures of his pet on social media.
- Private Jet Owner: He owns a private jet valued at around ₹20 million, symbolizing his immense success.
- Rapid Wealth Growth: Ritesh Agarwal’s net worth has doubled in the last four years, emphasizing his business acumen.
Ritesh Agarwal Video and Images
Frequently Asked Questions about Ritesh Agarwal Net Worth
What is Ritesh Agarwal net worth?
As of 2024, Ritesh Agarwal’s net worth is estimated to be $225 million.
When was Ritesh Agarwal born?
Ritesh Agarwal was born on November 16, 1993.
What company did Ritesh Agarwal found?
Ritesh Agarwal founded OYO Rooms, a hospitality company, in 2013.
Has Ritesh Agarwal been on Shark Tank India?
Yes, Ritesh Agarwal joined the panel of Shark Tank India in its third season in 2024.
What was Ritesh Agarwal’s early business venture?
Before OYO Rooms, Ritesh founded Oravel Stays, which was later rebranded.
Where was Ritesh Agarwal born and raised?
He was born in Odisha, India, and raised in the town of Titilagarh.
Who is Ritesh Agarwal married to?
Ritesh Agarwal married Geetansha Sood on March 7, 2023.
Conclusion of Ritesh Agarwal Net Worth
Ritesh Agarwal’s story is a remarkable example of entrepreneurial spirit. His journey from Odisha to becoming a global business leader is truly inspiring. Agarwal’s innovative approach and strategic vision have revolutionized the hospitality industry.
His ability to identify market gaps and capitalize on opportunities has been key to his success. As Ritesh Agarwal net worth continues to grow, his influence on the industry remains profound. His commitment to quality and affordable accommodations has set new standards. Ritesh Agarwal’s legacy is a testament to his dedication, innovation, and relentless drive for success.