Divyank Turakhia Explained

Divyank Turakhia (born January 29, 1982) is an Indian-born computer-programmer, businessman, billionaire,^[1] serial entrepreneur,^[2] and investor.^{[3] [4]} His net worth is estimated at $1.76 billion (as of Sept 2017).^[5] He founded Media.net, which he sold in 2016 to a Chinese consortium for $900 million,^[6] the third-largest ever ad-tech deal.^{[7] [8]}

Early life and education

Divyank Turakhia, was born on Jan 29, 1982 in India. He was interested in coding from young age.^[9]

Divyank started coding at the age of eight. 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).^{[10] [11]}

Awards and recognition

• #2 in the IIFL Wealth and Hurun India 40 & Under Self-Made Rich List (2020)^{[12] [13]}
• #9 in India's Richest Tech Billionaires by IIFL Hurun Rich List (2020)^[14]
• Youngest Indian Billionaire (2018, 2017, 2016)^{[15] [16] [17]}
• Youngest self-made Gulf billionaire (2017)^[18]
• #27 in the Global 40 under 40 Self-made Rich List (2017)^[19]
• 40 Most Influential Indians Under 40 by AsiaOne (2017)
• Ranked #95 on the Forbes list of India's 100 Richest People (2016)^[20]
• The ET Panache Trendsetter Award by The Economic Times (2016)^[21]
• Most Respected Indian Entrepreneur for 2016, Hurun Report^[22]
• "Winning Warrior" Bloomberg Television (2010)
• Enterprise Twenty20: 20 new business leaders in their 20s, Financial Express (2008)^[23]
• Asia's Best Entrepreneurs Under 25, BusinessWeek Magazine (2006)^[24]

Personal life

Turakhia splits his time between homes in Dubai, Los Angeles, London, and San Francisco. Forbes called him a 'thrillionaire' because of his passion for aerobatic flying.^[25] He has one sibling, Bhavin Turakhia.

Notes and References

1. News: Div Turakhia Just Became A Billionaire. WIRED. 2018-02-13. en-US.
2. News: Chinese Consortium Acquires Media.Net For $900 Million In Third-Largest Ever AdTech Deal. Munford. Monty. Forbes. 2018-02-13. en.
3. News: Turakhia brothers: Getting it right, time after time. Shah. Ruchika. Forbes. 2018-11-06.
4. News: Billionaire Tech Brothers Debut On India Rich List After Selling Company To A Chinese Consortium. Raghunathan. Anu. Forbes. 2016-12-12.
5. News: Meet India's wealthiest new-age techpreneurs. 2017-09-29. VCCircle. 2018-02-13. en-US.
6. Web site: Meet the technology whiz kids Bhavin and Divyank Turakhia Forbes India. Forbes India. en-US. 2018-02-13.
7. Web site: Media.net acquired for $900M in mega ad-tech deal. Mannes. John. TechCrunch. 2016-12-12.
8. News: Bhavin & Divyank Turakhia. Forbes. 2016-12-12.
9. Web site: The world's newest billionaires are two Indian brothers who founded a tech company in their teens. Manu Balachandran, Itika Sharma. Punit. Quartz India.
10. Web site: Narsee Monjee College of Commerce and Economics. www.nmcollege.in. 2018-02-13.
11. News: Turakhia bros net $900 million by selling ad tech startup to Chinese investors - Times of India. The Times of India. 2018-02-13.
12. Web site: IIFL Wealth and Hurun India rich list: Zerodha's Nithin, Nikhil Kamath top 'self-made' chart with Rs 24,000 cr net worth. 2020-10-28. www.businesstoday.in.
13. Web site: 2020-10-15. IIFL Wealth and Hurun India Rich List 2020: Here Are India's Self-Made Entrepreneurs Under 40. 2020-10-28. News18.
14. Web site: India’s richest tech billionaires in 2020. 2020-10-28. Business Insider.
15. News: Mumbai's richest young techie. Lath Sawai. Alpana. Mumbai Mirror. 2018-12-23.
16. News: Billionaire fastlane. Carvalho. Brian. Forbes. 2018-11-02.
17. Web site: Meet the six billionaires who've made a debut in India Rich List this year Forbes India. Forbes India. en-US. 2018-02-13.
18. News: Dubai has highest number of self-made billionaires. ArabianBusiness.com. 2018-02-13. en.
19. Web site: Hurun Report - Details. admin@hurun.net. hurun.net. 2018-02-13.
20. News: Bhavin & Divyank Turakhia. Forbes. 2018-02-13. en.
21. Web site: The winners of the ETPanache Trendsetter Awards 2016 - ETPanache Trendsetter Awards: The Invincibles. The Economic Times. 2018-02-13.
22. Web site: Hurun Report India. www.facebook.com. en. 2018-02-13.
23. News: Enterprise Twenty20. The Financial Express. 2018-02-13. en-US.
24. News: Asia's Young Entrepreneurs. 2006-08-21. Bloomberg.com. 2018-02-13. https://web.archive.org/web/20060922000000/https://www.bloomberg.com/news/articles/2006-08-21/asias-young-entrepreneursbusinessweek-business-news-stock-market-and-financial-advice. 2006-09-22. en. Alt URL
25. News: Barrel Rolling With A Thrillionaire Entrepreneur. Huet. Ellen. Forbes. 2018-02-13. en.