Ritesh Agarwal Huge Networth,Car Collection and Assets. Now,a part of Shark Tank 3.

Ritesh Agarwal own a huge networth ,car collection and assets. Now he is a part of sharks in the upcoming season of Shark Tank 3.

Ritesh Agarwal is a well-known Indian name linked with entrepreneurship and innovation. His adventure in business and technology has drawn attention from all over the world. His accomplishments and financial success at such a young age have inspired millions of people around the country.

Wealth is not guaranteed by education. Even the wealthiest, who accomplished it without a formal higher degree, recognise the value of attending college.

Ritesh Agarwal, a college dropout, is India’s richest self-made individual under the age of 40. He is a wealthy entrepreneur from India who is best known as the owner and CEO of OYO. Ritesh accomplished a stunning milestone by becoming the world’s second-youngest self-made millionaire at the age of 26. Ritesh is also a part of sharks in the upcoming season of Shark Tank.

Before disclosing his networth, we must know about his past struggles and his background,

Ritesh, who was born in a small town in Odisha, began his commercial career at a young age. His father ran a very small shop in Bissam, in the Rayagada district of Odisha. He left home after finishing school, first to Kota to pursue IIT and subsequently to Delhi. In the national capital, he dropped out of college to focus full-time on business development. Ritesh lived by selling SIM cards for peanuts during his hard times.

Despite being extremely successful in business without a formal degree, Agarwal has previously said that he misses not going to college. He does, however, credit the Thiel fellowship with filling the gap and teaching him critical lessons for being a successful business. According to Agarwal, the answer to whether he misses higher education is a “resounding YES.”

Ritesh’s Networth

Net Worth	$2 billion
Monthly Income	Rs. 10 crores
Yearly Income	Rs. 100 crores
Wealth	Rs. 16,462 crores
Properties Owned and their Valuation	–
Miscellaneous Assets and their Valuation	Rs. 170.05 crores

Ritesh’s Personal Life

Now coming to his personal life,

Ritesh Agarwal was born on November 16, 1993. Ritesh Agarwal’s immediate family includes his parents. Notably, his father, Ramesh Agarwal, tragically passed away on March 10, 2023, due to a fall from a multi-story building. Late. Ramesh Agarwal (Father of Ritesh Agarwal) was a businessman, while his mother dedicated herself to being a homemaker. Ritesh Agarwal is part of a larger family with three siblings.

After completing his education from St. John’s Senior Secondary School, Ritesh went on to study at the Indian School of Business and Finance, which is part of the University of London’s International Programme. Nonetheless, he quickly realised that his actual passion was not academic qualifications, but rather genuine real-world experiences. This key realisation prompted him to make a life-changing decision at the age of 17: to forego formal education and embark on his entrepreneurial adventure.

Starting from humble beginnings, Ritesh Agarwal’s rise to the summit of the hotel sector is a monument to his steadfast dedication and entrepreneurial spirit. His current net worth is $2 billion, or Rs. 16,462 crores. The majority of his fortune has been gained through his enterprise OYO Rooms, a tremendously successful startup that has reached global popularity. Notably, he will be the youngest Indian entrepreneur to be named to Forbes’ Billionaire list in 2021.

Ritesh’s Salary and Income

Ritesh Agarwal’s earnings increased by 250 percent in fiscal year 2022, rising from Rs. 1.6 crores in FY21 to Rs. 5.6 crores. Notably, his annual salary in FY20 was Rs. 21.5 lakhs.

Agarwal has diversified his investments beyond his initial startup firm, including hospitality, real estate, and education. His portfolio also includes investments in numerous venture capital and private equity funds, all of which have contributed significantly to his overall wealth creation. His entire earnings consist of a monthly salary of Rs. 10 crores and an annual salary of Rs. 100 crores.