Paytm Founder is the Youngest Indian Billionaire

The youngest Indian Billionaire is Paytm founder Vijay Shekhar Sharma who is 39 years old, while 92-year-old Samprada Singh, chairman emeritus of Alkem Laboratories, is the oldest, as per Forbes.

Sharma who founded fast-rising mobile wallet in 2011, ranked 1394th on the list with a fortune of $1.7 billion!

"One of the biggest beneficiaries of India's demonetisation, Paytm has notched up 250 million registered users and 7 million transactions daily. Sharma owns 16 per cent of Paytm, which is now valued at $9.4 billion," Forbes said Of the 2,208 billionaires in Forbes' 2018 list of the world's richest, just 63 are under the age of 40 and more than half (34) are self-made entrepreneurs.

Meanwhile, 92-year-old Samprada Singh, who is the chairman emeritus of Alkem Laboratories, is the oldest Indian billionaire. He was ranked 1,867th on the list with a fortune of $1.2 billion.

-PTC News