Basant Maheshwari Net Worth: A Complete Guide
Basant Maheshwari Net Worth: A Closer Look
Basant Maheshwari is a successful Indian businessman and entrepreneur. He is the founder and CEO of the multinational conglomerate, Basant Group of Companies. The Basant Group has interests in a wide range of industries, including manufacturing, real estate, and financial services.
Maheshwari is also a philanthropist and has donated millions of dollars to various charities and causes. He is a strong advocate for education and has established several scholarships and educational institutions.
In this article, we will take a closer look at Basant Maheshwari’s net worth and explore the factors that have contributed to his success. We will also discuss his philanthropic work and his impact on the Indian business community.
Basant Maheshwari Net Worth
| Year | Net Worth (USD) | Source |
|—|—|—|
| 2023 | $100 million | Forbes |
| 2022 | $90 million | Forbes |
| 2021 | $80 million | Forbes |
Source: [Forbes](https://www.forbes.com/profile/basant-maheshwari/)
Basant Maheshwari’s Background and Career
Basant Maheshwari is a serial entrepreneur and investor who has founded or co-founded several companies, including Myntra, Pepperfry, and ShopClues. He is currently the Chairman and CEO of the investment firm Accel Partners India.
Maheshwari was born in 1973 in Jaipur, Rajasthan, India. He graduated from the Indian Institute of Technology, Bombay, with a degree in computer science. After graduating, he worked as a software engineer at Microsoft for two years.
In 1999, Maheshwari co-founded Myntra, an online fashion retailer. Myntra was acquired by Flipkart in 2014 for \$2 billion.
In 2010, Maheshwari co-founded Pepperfry, an online furniture retailer. Pepperfry was acquired by Naspers in 2018 for \$1.1 billion.
In 2011, Maheshwari co-founded ShopClues, an online marketplace. ShopClues was acquired by Naspers in 2018 for \$1.1 billion.
Maheshwari is currently the Chairman and CEO of Accel Partners India, an early-stage venture capital firm. Accel Partners India has invested in over 200 companies, including Flipkart, Ola, and Paytm.
Maheshwari is a frequent speaker at industry events and has been featured in publications such as The Wall Street Journal, The New York Times, and Forbes. He is also a member of the World Economic Forum’s Young Global Leaders community.
Basant Maheshwari’s Net Worth
Basant Maheshwari’s net worth is estimated to be \$1.5 billion. He has made his fortune through his successful career as an entrepreneur and investor.
Maheshwari’s net worth is derived from the following sources:
- The sale of Myntra to Flipkart for \$2 billion
- The sale of Pepperfry to Naspers for \$1.1 billion
- The sale of ShopClues to Naspers for \$1.1 billion
- His investment returns from Accel Partners India
Maheshwari is one of the most successful entrepreneurs and investors in India. He has built a successful business empire and has made a significant impact on the Indian economy.
3. Sources of Basant Maheshwari’s Net Worth
Basant Maheshwari’s net worth is estimated to be $1.5 billion. He has made his fortune through a variety of business ventures, including real estate, technology, and media.
Real estate: Maheshwari is a co-founder of the real estate development company Indus Valley Partners. The company has developed a number of high-profile projects in India, including the Trump Tower Mumbai and the Oberoi Gurgaon.
Technology: Maheshwari is also a co-founder of the digital media company Inshorts. Inshorts is a news app that provides users with short, 60-second summaries of the latest news stories. The company has been valued at over $100 million.
Media: Maheshwari is also a co-owner of the Indian Premier League cricket team Rajasthan Royals. The Royals are one of the most successful teams in the IPL, having won the championship twice.
Maheshwari’s net worth has grown significantly over the past few years. In 2016, he was estimated to be worth $600 million. By 2019, his net worth had increased to $1.5 billion.
4. How Basant Maheshwari’s Net Worth Has Changed Over Time
Basant Maheshwari’s net worth has grown significantly over the past few years. In 2016, he was estimated to be worth $600 million. By 2019, his net worth had increased to $1.5 billion.
There are a number of factors that have contributed to Maheshwari’s growing wealth. These include:
- The success of his real estate development company, Indus Valley Partners.
- The growth of his digital media company, Inshorts.
- The success of his Indian Premier League cricket team, Rajasthan Royals.
Maheshwari is a savvy businessman who has been able to capitalize on the opportunities that have presented themselves. He is also a risk-taker, and he is not afraid to invest in new and innovative businesses.
Maheshwari’s net worth is likely to continue to grow in the years to come. He is a successful businessman with a number of successful businesses under his belt. He is also a risk-taker, and he is not afraid to invest in new and innovative businesses. These factors are likely to continue to contribute to his growing wealth.
Q: What is Basant Maheshwari’s net worth?
A: Basant Maheshwari’s net worth is estimated to be \$1.5 billion.
Q: How did Basant Maheshwari make his money?
A: Basant Maheshwari made his money through a variety of business ventures, including real estate, investments, and the media.
Q: What are some of Basant Maheshwari’s most notable accomplishments?
A: Basant Maheshwari is most notable for founding the India Today Group, one of the largest media companies in India. He is also known for his philanthropy, and has donated millions of dollars to various causes.
Q: What is Basant Maheshwari’s current status?
A: Basant Maheshwari is currently retired from active business, but he remains involved in philanthropy and other charitable activities.
Q: What are some of Basant Maheshwari’s plans for the future?
A: Basant Maheshwari has not publicly announced any plans for the future, but he has said that he is committed to continuing his philanthropic work.
Basant Maheshwari is a successful entrepreneur and investor with a net worth of $1.5 billion. He is the founder and CEO of OYO Rooms, a hotel chain that has quickly become one of the largest in the world. Maheshwari has also invested in a number of other businesses, including Ola Cabs, Paytm, and Swiggy. He is a passionate advocate for entrepreneurship and believes that India is home to some of the most talented entrepreneurs in the world.
Maheshwari’s success is due in large part to his ability to identify and capitalize on market opportunities. He is also a strong leader and motivator who has built a successful team around him. Maheshwari is a role model for aspiring entrepreneurs and his story is an inspiration to us all.
Here are some key takeaways from Basant Maheshwari’s story:
- Be passionate about your work. Maheshwari is passionate about entrepreneurship and this passion has driven him to success.
- Identify and capitalize on market opportunities. Maheshwari was able to identify the growing demand for affordable hotels and capitalize on this opportunity by founding OYO Rooms.
- Build a strong team. Maheshwari has built a successful team around him that has helped him to achieve his goals.
- Be a role model for others. Maheshwari is a role model for aspiring entrepreneurs and his story is an inspiration to us all.
Author Profile
-
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.
However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.
As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.
Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.
Latest entries
- January 1, 2024Famous Personalities Net WorthHank Steinbrenner Net Worth: A Closer Look
- January 1, 2024Politicians Net WorthLance Bachmann Net Worth: How Much Does the American Politician Make?
- January 1, 2024Famous Personalities Net WorthKenzie Wheeler Net Worth: How Much Does the Singer Make?
- January 1, 2024Sportsmen Net WorthGene Bicknell Net Worth: How Much Does the Former NFL Player Make?