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Ritesh Agarwal's net worth is around INR 7253 crore which is $1.1 billion dollars as per the Hurun Rich List 2020 making him the world's youngest self made billionaire after the famous Kylie Jenner.
OYO has slashed salaries of executives at senior and top-level. According to the company’s statement, its founder and CEO Ritesh Agarwal has taken a 100% pay cut.
The deal is with 50 hotels in the country for more than 3,000 rooms across seven cities.
From a regular 17-year-old to the owner of a million-dollar company at the age of 22, Ritesh Agarwal's story is what fantasies are made of.
There are a lot of successful Indian entrepreneurs who are actually college dropouts and could make it big only because of their zeal to succeed.
The teenage boy – Ritesh Agarwal is the Founder & CEO of OYO Rooms – fastest growing Branded network of hotels offline & online.
According to a report shared by the OYO Rooms, SoftBank-backed budget hotel room aggregator OYO Rooms said it has attained profitability at an aggregate level, which means, on an average, they are making profit on every room sold.