Paytm Founder is the Youngest Indian Billionaire

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Paytm Founder Vijay Shekhar Sharma Youngest Indian Billionaire
Paytm Founder Vijay Shekhar Sharma 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