Meet India’s youngest billionaires, Shashank Kumar and Harshil Mathur, has Rs 8,643 Crore net worth each, built business of…, named as…

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As India is growing its influence in the global economic landscape, it’s entrepreneurs are also shining in the financial sector.​

According to the Hurun Global Rich List 2025, India is the third-largest hub for billionaires globally wherein a total of 284 individuals have a combined wealth of Rs 98 trillion which is one-third of the nation’s GDP. 

India’s Youngest Billionaires

Shashank Kumar and Harshil Mathur, aged 34, have emerged as the youngest billionaires with a net worth of Rs 8,643 crore. 

Shashank Kumar: He is an alumnus of IIT Roorkee, Kumar co-founded Razorpay in 2014 to simplify online payments in India. Before this venture, he worked as a software development engineer at Microsoft. ​

Harshil Mathur: He is an IIT Roorkee graduate and co-founded Razorpay alongwith Kumar. Before starting the company, he was a wireline field engineer at Schlumberger. ​

Razorpay’s Impact:

Under their leadership, Razorpay has become a big player in India’s fintech sector, which gives payment solutions for businesses. By December 2021, the company raised approximately $375 million in a Series F funding round, valuing it at $7.5 billion. ​

India’s Top Billionaires: 

Mukesh Ambani, chairman of Reliance Industries is the richest person in India and Asia, with a net worth of Rs 8.6 trillion. Recently his wealth declined by Rs 1 trillion compared to the previous year. Gautam Adani, chairman of the Adani Group is at the second spot with a net worth of Rs 8.4 trillion. ​

Roshni Nadar Malhotra, chairperson of HCL Technologies, has become the first Indian woman who entered in the global top 10 female billionaires list, ranking fifth worldwide, with a net worth of Rs 3.5 trillion. 

Mumbai leads Indian cities with the highest number of billionaires, with a total of around 90 individuals.

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