Vijay Shekhar Sharma’s profile picture

Vijay Shekhar Sharma

Vijay Shekhar Sharma’s profile picture
Net worth 2018: $1.73 Billion
Industry: Service
Residence: Delhi, India
Country: India
Children: 1
Education: Bachelor of Science in Engineering, Delhi University
BIOGRAPHY

Vijay Shekhar Sharma was born in Delhi, India, India. Vijay Shekhar Sharma is #1354 in List Billionaires People In The World. Son of a schoolteacher from a small city in north India, Vijay Shekhar Sharma founded fast-rising mobile wallet Paytm in 2011. One of the biggest beneficiaries of India's demonetisation, Paytm has notched up 250 million registered users and 7 million transactions daily. The May 2017 sale of Paytm's shares to Japan's SoftBank valued the company, in which Sharma owns 18%, at $7 billion. Sharma has also created Paytm Mall, an e-commerce business business and the Paytm Payments Bank.

NET WORTH STATISTIC
2017

$1.3 Billion

2018

$1.73 Billion

TIMELINE
Vijay Shekhar Sharma is an Indian entrepreneur and founder of mobile payments company, Paytm. Sharma is India’s youngest billionaire. Sharma was born in Aligarh, Uttar Pradesh. He cites Alibaba's founder Jack Ma and Masayoshi Son of Softbank as his inspirations. He started college at the age of 15. In 1997, while in college, started the website indiasite.net and sold it two years later for $1 million.In 2000 he started one97 Communications which offered mobile content like news, cricket scores, ringtones, jokes and exam results. One97 is the parent company of Paytm, which was launched in 2010.In December 2015, Sharma criticised Facebook's Free Basics initiative in India, as being against the principle of net neutrality.In 2017, Vijay Shekhar Sharma was featured in the World Billionaire's List by Forbes. He acquired the 1567th rank becoming India's youngest man to be featured on the list.
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