Ritesh Agarwal
- Net worth $1.7 billion
- Birthday November 16, 1993
- Status -
- Country India
- Source(-s) of wealth Entrepreneur
How much is Ritesh Agarwal Worth? Ritesh Agarwal Net Worth in 2026
Ritesh Agarwal’s net worth is estimated at $1.7 billion as of November 2026. In 2019 he reportedly bought about $2 billion of OYO shares, tripling his stake. That bet is why he owns almost a third of a hotel company that has still not listed, and why the number attached to his name swings so widely.
| Net worth | $1.7 billion (our estimate, range $0.9 to $2.3 billion) |
|---|---|
| Born | 16 November 1993 |
| Country | India |
| Known for | Founding OYO, parent company PRISM |
| Main income sources | Stake in PRISM, the parent of OYO |
| Estimated annual income | Not disclosed; pay is small next to the stake, our rough estimate |
How much is Ritesh Agarwal worth in 2026?
We put Agarwal at about $1.7 billion. His stake is documented; its price is not, because OYO’s parent PRISM has not yet listed. This one is a rough estimate. Public figures for him range from a few hundred million dollars to well over $2 billion, and the spread is mostly one question: what a pre-IPO share is worth. Our range runs from $0.9 billion at a $3 billion company value to $2.3 billion at $7.5 billion.
How Ritesh Agarwal built it
- Bought more shares in 2019. He reportedly spent about $2 billion in July 2019 to triple his OYO stake.
- Pushed to profit before listing. OYO posted net profit of ₹229.58 crore in fiscal 2024 and ₹244.82 crore in fiscal 2025.
- Kept his stake out of the sale. The draft IPO is all new shares, with neither Agarwal nor SoftBank selling.
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Get the Alux appHow we got to $1.7 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| Stake in PRISM | $1.68 billion | 30.52 percent in the updated draft prospectus (26.71 percent held directly and through RA Hospitality, plus 3.81 percent via Patient Capital, which we read from the filing as his) times an assumed $5.5 billion valuation |
| Cash and other assets | $0.02 billion | Assumption: salary and small investments |
| Total | About $1.7 billion | $1.68 billion + $0.02 billion, rounded. |
Total: $1.68 billion + $0.02 billion = $1.7 billion. Our calculation for the stake: 30.52 percent × $5.5 billion = $1.68 billion.
Why $5.5 billion, when the IPO talks about $7 billion to $8 billion
Reports put the listing valuation being discussed at $7 billion to $8 billion, and the 2019 round put it at $10 billion. $5.5 billion is our assumption: a discount of about 27 percent to the $7.5 billion midpoint, because no price band has been set and the talk is well below the 2019 mark. At $7.5 billion Agarwal’s stake would be about $2.3 billion; at $3 billion it would be about $0.9 billion.
The 2019 purchase
His Wikipedia entry says that in July 2019 he reportedly bought about $2 billion of shares from early investors, tripling his stake, at a $10 billion valuation. Our calculation: $2 billion ÷ $10 billion = 20 percent of the company bought, and a stake that tripled means he held about 10 percent before, so 10 + 20 = 30 percent. That matches the 30.52 percent in the draft prospectus. The catch is price: that 20 percent cost $2 billion, and at our $5.5 billion valuation it is worth about $1.1 billion.
Profit, debt and the IPO
The Week reported net profit of ?229.58 crore in fiscal 2024, ?244.82 crore in fiscal 2025 and ?748.34 crore in the nine months to December 2025. The IPO path moved on: PRISM shareholders approved a ?6,650 crore fresh issue in late December 2025, SEBI cleared the offer in June 2026, and the updated draft prospectus was filed on 30 June 2026. About ?4,987 crore of the proceeds is earmarked to repay borrowings. Choice India summarised the filing: neither Agarwal nor SoftBank is selling, so the offer is all new shares.
What would move it
The listing price, for one. A fresh issue dilutes every holder, but a market price replaces our assumed valuation, and every $1 billion of company value moves his stake by about $305 million.
Sources we read: Wikipedia entry on Ritesh Agarwal; Choice India on the PRISM draft prospectus; Skift on the PRISM IPO filing.
Ritesh Agarwal net worth FAQ
How much of OYO does Ritesh Agarwal own?
About 30.52 percent in the updated draft prospectus, counting a 3.81 percent holding via Patient Capital. SoftBank holds 40.04 percent.
When is the OYO IPO?
SEBI cleared it in June 2026 and the updated draft was filed on 30 June 2026. It has not listed as of November 2026.
How old is Ritesh Agarwal?
He was born on 16 November 1993, so he is 32 and turns 33 on 16 November.
Is OYO profitable?
Yes. The Week reported net profit of ?229.58 crore in fiscal 2024 and ?748.34 crore in the nine months to December 2025.
Why does his wealth vary so much between sources?
Because OYO is unlisted, there is no market price. The $7 billion to $8 billion being discussed is below the $10 billion of 2019, and estimates pick different marks.
How is Ritesh Agarwal’s net worth estimated?
We multiply his stake in the draft prospectus by an assumed valuation and add a small allowance for other assets.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.