Oyo Founder Net Worth (Updated 2026).
Oyo’s founder, Ritesh Agarwal, began his entrepreneurial journey at the tender age of 18. Born in a small town in India, Agarwal’s fascination with the hospitality industry sparked when he started working at a call center, booking hotel stays for customers. He soon realized the inefficiencies in the traditional hotel booking process, which led him to drop out of college and dive headfirst into the world of entrepreneurship.
In 2012, Agarwal launched Oravel Stays, a platform that allowed travelers to book unique accommodations like private rooms in apartments and guesthouses. This venture was born out of his personal experiences and the gaps he identified in the market. After participating in the Thiel Fellowship, a program that funds and mentors entrepreneurs under the age of 23, Agarwal rebranded his startup as Oyo Rooms in 2013, marking the beginning of his meteoric rise in the hospitality industry.
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Oyo Founder’s Current Net Worth (2025)
As of 2025, Oyo’s founder, Ritesh Agarwal, has an estimated net worth of $7.8 billion, according to Forbes. This makes him one of the youngest billionaires in the world. His wealth is primarily tied to his stake in Oyo Hotels and Homes, which he founded in 2012.
Career
Ritesh Agarwal started his entrepreneurial journey at the age of 18 when he launched Oravel Stays, a platform for budget stays. In 2012, he rebranded it to Oyo, focusing on standardized and affordable accommodations. Under his leadership, Oyo has expanded to over 80 countries, making it a global hospitality major.
Other Ventures
Besides Oyo, Agarwal has invested in various startups through his family office, 021 Capital. His investments include food delivery platform Zomato, digital payments company Paytm, and ed-tech startup BYJU’S. He also co-founded the Global Education & Skills Forum (GESF), a non-profit organization focused on education.
Assets
Agarwal’s primary asset is his 8.5% stake in Oyo, valued at around $6.7 billion as of 2025. He also owns properties in India and other countries, including an office in Gurugram and a residential property in Singapore. His investment portfolio, managed by 021 Capital, is another significant asset.
Annual Income
As the majority stakeholder and CEO of Oyo, Agarwal’s annual income is primarily derived from his salary and dividends from the company. However, the exact figures are not publicly disclosed. In 2021, Oyo reported a revenue of $951 million, indicating the scale of Agarwal’s earnings potential from the company’s success.
Frequently Asked Questions about Oyo Founder
**Frequently Asked Questions: Oyo Founder Net Worth**
1. Who is the founder of Oyo Rooms?
Oyo Rooms was founded by Ritesh Agarwal. He started the company in 2012 when he was just 19 years old.
2. How did Ritesh Agarwal start Oyo?
Ritesh Agarwal started Oyo with the idea of providing affordable and standardized accommodations for budget travelers. He started with a single hotel in Mumbai and expanded from there.
3. What is Ritesh Agarwal’s net worth?
As of the latest estimates, Ritesh Agarwal’s net worth is around $11.5 billion.
4. How did Ritesh Agarwal become a billionaire?
Ritesh Agarwal became a billionaire due to his significant stake in Oyo, which has seen remarkable growth and expansion since its inception. He became a billionaire in 2019, making him one of the youngest self-made billionaires in the world.
5. What is Ritesh Agarwal’s educational background?
Ritesh Agarwal is a dropout from the Indian Institute of Technology (IIT) Kharagpur. He left his studies to focus on his startup, Oyo.
6. What is Ritesh Agarwal’s investment in Oyo?
Ritesh Agarwal owns around 10% of Oyo’s equity, which is valued at around $11.5 billion as of the latest estimates.
7. What is Ritesh Agarwal’s role in Oyo?
Ritesh Agarwal is the founder and CEO of Oyo. He leads the company’s strategy and vision and is involved in its day-to-day operations.
8. What is Oyo’s valuation?
As of the latest funding round, Oyo’s valuation is around $10 billion.
9. Where is Oyo headquartered?
Oyo’s headquarters are in Gurugram, Haryana, India.
10. What is Oyo’s expansion plan?
Oyo has been expanding rapidly and is present in over 80 countries. It plans to continue its global expansion and become the world’s largest hotel chain.
