From the Editor

  • 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 2016 demonetization, Paytm has notched up 400 million users and 25 million transactions daily.
  • Sharma made a splash in August 2018 by getting Warren Buffett's Berkshire Hathaway to invest $300 million in Paytm.
  • Sharma has also created Paytm Mall, an e-commerce business and the Paytm Payments Bank.
  • Shares of Paytm have fallen steeply since its November 2021 IPO.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
Age
47
Source of Wealth
financial technology, Self Made
Residence
Delhi, India
Citizenship
India
Marital Status
Married
Children
1
Education
Bachelor of Science in Engineering, Delhi University
Did you know
Paytm is an acronym for "pay through mobile."
Sharma dreams of starting a band that sings in Sanskrit, a language he studied in school.
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More on Forbes

Apr 14, 2017

How India's Youngest Billionaire Minted His Fortune

When India demonetized 86% of the country's paper currency at the end of 2016, Paytm founder Vijay Shekhar Sharma cashed in big time with his Alibaba-backed commerce platform. Today, the 38-year-old is valued at $1.3 billion, making him India's youngest billionaire.