Divyank Turakhia

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Divyank Turakhia
Divyank Turakhia.jpg
Born (1982-01-29) 29 January 1982 (age 43)
NationalityIndian
OccupationFounder of Media.net
Known forMedia.net, Skenzo, Directi, Radix
Net worthIncrease US$1.91 billion (September 2020) [1]

Divyank Turakhia (born January 29, 1982) is an Indian-born computer-programmer, businessman, billionaire,[2] serial entrepreneur,[3] and investor.[4][5] His net worth is estimated at $1.76 billion (as of Sept 2017).[6] He founded Media.net, which he sold in 2016 to a Chinese consortium for $900 million,[2][7] the third-largest ever ad-tech deal.[3][8][9]

Early life and education[edit]

Divyank Turakhia, was born on Jan 29, 1982 in India.[2] He was interested in coding from young age. [10]

Divyank started coding at the age of eight.[2] He received his early education from Arya Vidya Mandir in Bandra, Mumbai and later graduated from Narsee Monjee College of Commerce and Economics (University of Mumbai).[11][12]

Awards and recognition[edit]

  • #2 in the IIFL Wealth and Hurun India 40 & Under Self-Made Rich List (2020)[13][14]
  • #9 in India's Richest Tech Billionaires by IIFL Hurun Rich List (2020)[15]
  • Youngest Indian Billionaire (2018, 2017, 2016)[16][17][4][18]
  • Youngest self-made Gulf billionaire (2017)[19]
  • #27 in the Global 40 under 40 Self-made Rich List (2017)[20]
  • 40 Most Influential Indians Under 40 by AsiaOne (2017)[21]
  • Ranked #95 on the Forbes list of India's 100 Richest People (2016)[22]
  • The ET Panache Trendsetter Award by The Economic Times (2016)[23]
  • Most Respected Indian Entrepreneur for 2016, Hurun Report[24]
  • "Winning Warrior" Bloomberg Television (2010)[25][26]
  • Enterprise Twenty20: 20 new business leaders in their 20s, Financial Express (2008)[27]
  • Asia's Best Entrepreneurs Under 25, BusinessWeek Magazine (2006)[28]

Personal life[edit]

Turakhia splits his time between homes in Dubai, Los Angeles, London, and San Francisco.[2] Forbes called him a 'thrillionaire' because of his passion for aerobatic flying.[29] He has one sibling, Bhavin Turakhia.

References[edit]

  1. "IIFL Wealth and Hurun India rich list: Zerodha's Nithin, Nikhil Kamath top 'self-made' chart with Rs 24,000 cr net worth". www.businesstoday.in. Retrieved 2020-10-28.
  2. 2.0 2.1 2.2 2.3 2.4 "Div Turakhia Just Became A Billionaire". WIRED. Retrieved 2018-02-13.
  3. 3.0 3.1 Munford, Monty. "Chinese Consortium Acquires Media.Net For $900 Million In Third-Largest Ever AdTech Deal". Forbes. Retrieved 2018-02-13.
  4. 4.0 4.1 Shah, Ruchika. "Turakhia brothers: Getting it right, time after time". Forbes. Retrieved 2018-11-06.
  5. Raghunathan, Anu. "Billionaire Tech Brothers Debut On India Rich List After Selling Company To A Chinese Consortium". Forbes. Retrieved 2016-12-12.
  6. "Meet India's wealthiest new-age techpreneurs". VCCircle. 2017-09-29. Retrieved 2018-02-13.
  7. "Meet the technology whiz kids Bhavin and Divyank Turakhia | Forbes India". Forbes India. Retrieved 2018-02-13.
  8. Mannes, John. "Media.net acquired for $900M in mega ad-tech deal". TechCrunch. Retrieved 2016-12-12.
  9. "Bhavin & Divyank Turakhia". Forbes. Retrieved 2016-12-12.
  10. Punit, Manu Balachandran, Itika Sharma. "The world's newest billionaires are two Indian brothers who founded a tech company in their teens". Quartz India.{{cite web}}: CS1 maint: multiple names: authors list (link)
  11. "Narsee Monjee College of Commerce and Economics". www.nmcollege.in. Retrieved 2018-02-13.
  12. "Turakhia bros net $900 million by selling ad tech startup to Chinese investors - Times of India". The Times of India. Retrieved 2018-02-13.
  13. "IIFL Wealth and Hurun India rich list: Zerodha's Nithin, Nikhil Kamath top 'self-made' chart with Rs 24,000 cr net worth". www.businesstoday.in. Retrieved 2020-10-28.
  14. "IIFL Wealth and Hurun India Rich List 2020: Here Are India's Self-Made Entrepreneurs Under 40". News18. 2020-10-15. Retrieved 2020-10-28.
  15. "India's richest tech billionaires in 2020". Business Insider. Retrieved 2020-10-28.
  16. Lath Sawai, Alpana. "Mumbai's richest young techie". Mumbai Mirror. Retrieved 2018-12-23.
  17. Carvalho, Brian. "Billionaire fastlane". Forbes. Retrieved 2018-11-02.}
  18. "Meet the six billionaires who've made a debut in India Rich List this year | Forbes India". Forbes India. Retrieved 2018-02-13.
  19. "Dubai has highest number of self-made billionaires". ArabianBusiness.com. Retrieved 2018-02-13.
  20. [email protected]. "Hurun Report - Details". hurun.net. Retrieved 2018-02-13.
  21. Kumar, Anam (2017-10-23). "Celebrating 70 Pride of the Nation Summit & 2nd Edition – India's Greatest Brands & Leaders 2017". Open Pr.
  22. "Bhavin & Divyank Turakhia". Forbes. Retrieved 2018-02-13.
  23. "The winners of the ETPanache Trendsetter Awards 2016 - ETPanache Trendsetter Awards: The Invincibles". The Economic Times. Retrieved 2018-02-13.
  24. "Hurun Report India". www.facebook.com. Retrieved 2018-02-13.
  25. utvinews (2010-04-28), Winning Warriors: Divyank's indulgence, retrieved 2018-02-13
  26. utvinews (2010-04-28), Winning Warriors: The Directi story, retrieved 2018-02-13
  27. "Enterprise Twenty20". The Financial Express. Retrieved 2018-02-13.
  28. "Asia's Young Entrepreneurs" (PDF). Bloomberg.com. 2006-08-21. Archived from the original on 2006-09-22. Retrieved 2018-02-13.
  29. Huet, Ellen. "Barrel Rolling With A Thrillionaire Entrepreneur". Forbes. Retrieved 2018-02-13.