Ritesh Agarwal is the founder of OYO and he founded it in 2013 after he received a grant of USD 100,000 from the Thiel Fellowship program, know his 2023 net worth and salary
Ritesh Agarwal is the founder and CEO of OYO and he is all set to get married in March 2023. Prior to this, the 29-year-old entrepreneur met Prime Minister Narendra Modi on Sunday along with his mother and fiancee and also presented him with the invitation to his marriage.
Who is OYO founder Ritesh Agarwal, his net worth 2023, salary, biography, age, family, wife college and story
After his marriage, Ritesh will hold a grand reception in Delhi, India as per reports. There is no verified information which is available on the internet about Ritesh’s wife-to-be including her name, educational qualification, etc.
“With blessings of the Pradhan Mantri Narendra Modi ji, we are all set for a new beginning,” he stated on Twitter along with photos from the meeting.
“Words can’t express the warmth with which he received us,” he further stated. He was born in 1993 on 16 November.
1/ With the blessings of माननीय Pradhan Mantri @narendramodi ji, we are all set for a new beginning. Words cannot express the warmth with which he received us. pic.twitter.com/CVx7Nzgyr3
— Ritesh Agarwal (@riteshagar) February 19, 2023
Ritesh Agarwal career, education, and family
Ritesh Agarwal is a successful entrepreneur who founded OYO Rooms, which is a hospitality chain, established in 2013. Agarwal was born in a Marwari family and hails from Odisha, India. Ritesh’s family used to run a small shop in Southern Odisha city called Rayagada. He was born and raised up in a small town where he used to sell SIM cards.
Ritesh Agarwal completed his schooling at St. Johns Senior Secondary School with a science stream and shifted to Delhi in early 2011 for his college. Later, Ritesh dropped out of his college after two years and was accepted into the Thiel Fellowship program meant for aspiring entrepreneurs. Agarwal’s family details are not known.
He was on the winner’s list of the Fellowship and received a grant of USD 100,000 which Ritesh used to launch OYO in May of 2013. He was just 19 years at that time. By the age of 22 years, he became a millionaire. His company has now expanded in several countries. Oyo’s business is now spread in more than 800 cities.
Ritesh Agarwal’s net worth
Ritesh Agarwal’s net worth is said to be around USD 1.1 billion and today OYO is counted among the most successful hospitality company which is based in India today. He is 5ft 9in tall and Ritesh’s weight is 70 kg.
Ritesh Agarwal, the founder and CEO of OYO Hotels & Homes, received remuneration worth ₹5.6 crore for the financial year 2021-22, up about 350% from the previous fiscal year, shows the latest revised draft red herring prospectus (DRHP) filed by OYO Hotels’ parent company Oravel Stays.