NEW DELHI: Paytm founder Vijay Shekhar Sharma, 39, is the youngest Indian billionaire, whilst 92-year-old Samprada Singh, chairman emeritus of Alkem Laboratories, is the oldest, in step with Forbes.
Sharma, ranked 1,394th at the list with a fortune of $1.7 billion, is the one Indian billionaire in the under-40 league.
Sharma based fast-rising mobile pockets Paytm in 2011. He has additionally created Paytm Mall, an e-commerce trade trade and Paytm Payments Bank.
"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 mentioned.
Of the 2,208 billionaires in Forbes' 2018 list of the sector's richest, simply 63 are under the age of 40 and more than part (34) are self-made marketers.
In all, the 63 youngest billionaires in the world are value a collective $265 billion, up from $208 billion closing yr.
Meanwhile, 92-year-old Samprada Singh, who is the chairman emeritus of Alkem Laboratories, is the oldest Indian billionaire. He used to be ranked 1,867th at the list with a fortune of $1.2 billion.
Singh based the pharma company Alkem Laboratories 45 years ago. Singh worked in a chemist's store ahead of venturing out on his own distributing prescribed drugs.
"Shares of the generics maker, known for its antibiotics Clavam and Taxim, have more than doubled since its November 2016 IPO. For the year ended March 2017, Alkem reported a 20 per cent rise in net earnings to $139 million on revenues of $913 million," Forbes mentioned.
Sharma, ranked 1,394th at the list with a fortune of $1.7 billion, is the one Indian billionaire in the under-40 league.
Sharma based fast-rising mobile pockets Paytm in 2011. He has additionally created Paytm Mall, an e-commerce trade trade and Paytm Payments Bank.
"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 mentioned.
Of the 2,208 billionaires in Forbes' 2018 list of the sector's richest, simply 63 are under the age of 40 and more than part (34) are self-made marketers.
In all, the 63 youngest billionaires in the world are value a collective $265 billion, up from $208 billion closing yr.
Meanwhile, 92-year-old Samprada Singh, who is the chairman emeritus of Alkem Laboratories, is the oldest Indian billionaire. He used to be ranked 1,867th at the list with a fortune of $1.2 billion.
Singh based the pharma company Alkem Laboratories 45 years ago. Singh worked in a chemist's store ahead of venturing out on his own distributing prescribed drugs.
"Shares of the generics maker, known for its antibiotics Clavam and Taxim, have more than doubled since its November 2016 IPO. For the year ended March 2017, Alkem reported a 20 per cent rise in net earnings to $139 million on revenues of $913 million," Forbes mentioned.
Paytm founder Vijay Shekhar Sharma youngest Indian billionaire
![Paytm founder Vijay Shekhar Sharma youngest Indian billionaire]()
Reviewed by Kailash
on
March 08, 2018
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