THE FORBES 2019 INDIA'S RICHEST NET WORTH $1.54B #94 Bhavin & Divyank Turakhia

Started by Sudhakar, May 12, 2020, 09:04 AM

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Sudhakar

May 12, 2020, 09:04 AM Last Edit: May 12, 2020, 09:21 AM by Sudhakar Reason: edited 2018 to 2014
THE FORBES 2019 INDIA'S RICHEST NET WORTH $1.54B #94 Bhavin & Divyank Turakhia

Owner's on Indian Domain, Hosting & Websites market as on 2014 before the purchase of Endurance International Hari Ravichandran for 1600 Crore approximately.

Brothers Bhavin & Divyank Turakhia sold their ad tech firm Media.net for $900 million to a consortium of Chinese investors in August 2016.
Younger sibling Divyank continues to run operations under the new owners.
The brothers had earlier sold four tech companies in 2013 to U.S.-based web-hosting firm Endurance International.
They now own a cluster of companies straddling web hosting and cloud infrastructure to payments and advertising technology.

ON FORBES LISTS #94
India's Richest 2019

STATS
SOURCE OF WEALTH - technology, Self Made
RESIDENCE - Dubai, United Arab Emirates
CITIZENSHIP - India

To my knowledge Billion is 1 followed by 9 zero's and Million is 1 followed by 6 zero's So Trillion could be 1 followed by 12 zero's

So, 1,54,00,00,000 United States Dollar equals 1,16,95,79,18,000.00 Indian Rupee

Now Indian money Lakh is 1 followed by 5 zero's, Crore is 1 followed by 7 zero's So $1.54 Billion is 11,695 crore 79 lakh 18 thousand rs.



Source : https://www.forbes.com/profile/bhavin-divyank-turakhia/

Sudhakar

Interesting facts of Bhavin Turakhia in 2020, Founder and CEO of Directi

BI India BureauMar 4, 2020, 16:50 IST

Bhavin Turakhia, the serial entrepreneur who found five companies like Reseller Club, Logic Boxes, Big Rock 20 years ago in 1994 but big rock in 2014.

Bhavin Turakhia, the serial entrepreneur who found five companies is a role model for a number of aspiring entrepreneurs. Starting his first company as early as 17 years, he rose up to create a list of firms driven by his belief, "It is our moral obligation to make an impact that is proportionate to our potential". Through a series of technology-led innovations, he strove through his ventures to solve problems and maximizing efficiency, which he kept as the watchwords behind every achievement.

Some interesting facts about Bhavin Turakhia that will inspire you.

He founded three companies at the age of 17

Bhavin Turakhia co-founded Resellerclub, Logicboxes and BigRock at the age of 17. In 2014, all these companies were sold in a deal worth $160 million. At present, he heads Radix, a leader in registry for top-rated extensions, Flock, a portfolio of productivity apps, and Zeta, a platform for digital payments.

Education and childhood

He attended the Arya Vidya Mandir school in Bandra , Mumbai and later, enrolled himself DG Ruparel College only to drop the course midway. In an interview with the BBC , he said he discontinued the course since he learnt most of the syllabus himself. He then moved to complete his bachelor's degree in commerce from Sydenham College of Commerce and Economics.

As a child, he dedicated a lot of time to coding. Their father bought the first coding book at the age of eight. " I would spend all of my short breaks, lunch breaks, several hours after school every day. My dad would buy me tons of programming books, and I would go through them one after another. I went through more than 25, 30 different books to learn programming and GW-BASIC, Visual Basic, and CC++ on MS-DOS back in the day.

Turakhia is worth $1.3 bilion

In 2016, Forbes ranked him along with his brother Divyank Turakhia as the 95th richest person in India credited with a net worth of US$ 1.3 billion. The World Economic Forum honored him as Young Global leader in 2011.

According to Forbes, the Turakhia brothers were millionaires even before they were 20 years old. Their networth rose to $300 million in their mid-20s. They are among the youngest billionaires in the country.

His mantra for success

The billionaire entrepreneur says his mantra for success was a quote which his father often used to say, 'You can achieve anything you set your mind to'. Turakhia says this mantra ringed in his ears all the time steering his journey towards success.

'Family matters a lot'

Turakhia has a strong opinion that family plays a big role in shaping every individual. Talking about his father, he says, "Everything I am today is in many ways thanks to my father. He used to work from nine to nine everyday just to make ends meet. But this is what he used to say. Sometimes we'd be like, 'Dad, we know'. But the number of times it was repeated, you really internalize it."

Future plans to venture US with ZETA, Flock, Radix Registry and other companies

The four-year old Zeta, started with Indian banks, and subsequently branched out to countries like Brazil, the Philippines, and Vietnam. But now Turakhia has plans to take Zeta to US and other European markets like Italy and Spain.



Source : https://www.businessinsider.in/thelife/personalities/news/interesting-facts-of-bhavin-turakhia-founder-and-ceo-of-directi/articleshow/74476563.cms

Sudhakar

2020 New about Bhavin Turakhia: The Billionaire That Started His First Business At 17



By Alejandro Cremades

Bhavin Turakhia is a serial entrepreneur that has found five companies. The first company he started at 17 got acquired for $160 million. He is presently heading Radix - a leading registry for top-level extensions, Flock - a suite of productivity apps, and Zeta - a digital payments platform. Radix is a $200 million company, Flock he has invested his personal wealth on, and Zeta has raised already over $60 million.

In this episode you will learn:

Bhavin's hiring process and tests
What you should do instead of focusing on valuations
What he spends most of his time on as a founder, CEO, and Chairman
The nonprofit programming initiative CodeChef

https://soundcloud.com/acremades/ep-128-bhavin-turakhia-the-billionaire-that-started-his-first-business-at-17

About Bhavin Turakhia:

Serial entrepreneur and billionaire, Bhavin Turakhia is driven by a passion for problem-solving and maximizing efficiency through technology-led innovations.

In the last 22 years, Bhavin Turakhia has built 5 successful businesses, all driven by his belief that "it is our moral obligation to make an impact that is proportionate to our potential".
 
At 17, Bhavin Turakhia co-founded Resellerclub, Logicboxes and BigRock, which he exited in a $160 million transaction in 2014.
 
Bhavin Turakhia is presently heading Radix - a leading registry for top-level extensions, Flock - a suite of productivity apps, and Zeta - a digital payments platform.

Full coverage & Source : https://alejandrocremades.com/bhavin-turakhia/

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