Divyank Turakhia

Last updated
Divyank Turakhia
Divyank Turakhia.jpg
Born (1982-01-29) 29 January 1982 (age 42)
NationalityIndian
OccupationFounder of Media.net
Known forMedia.net, Skenzo, Directi, Radix

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, [1] [6] the third-largest ever ad-tech deal. [2] [7] [8]

Contents

Early life and education

Divyank Turakhia, was born on Jan 29, 1982 in India. [1] He was interested in coding from young age. [9]

Divyank started coding at the age of eight. [1] 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

Personal life

Turakhia splits his time between homes in Dubai, Los Angeles, London, and San Francisco. [1] Forbes called him a 'thrillionaire' because of his passion for aerobatic flying. [27] He has one sibling, Bhavin Turakhia.

Related Research Articles

<i>Forbes</i> 400 Annual list of wealthiest Americans

The Forbes 400 or 400 Richest Americans is a list published by Forbes magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is published annually around September. Peter W. Bernstein and Annalyn Swan describe the Forbes 400 as capturing "a period of extraordinary individual and entrepreneurial energy, a time unlike the extended postwar years, from 1945 to 1982, when American society emphasized the power of corporations." Bernstein and Swan also describe it as representing "a powerful argument – and sometimes a dream – about the social value of wealth in contemporary America."

Karl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was the richest person in Germany for many years. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report.

<span class="mw-page-title-main">Sydenham College of Commerce and Economics</span> College in Mumbai, India

Sydenham College of Economics is a college located in Mumbai, Maharashtra, India. It is affiliated to the Dr. Homi Bhabha State University. The college offers undergraduate and postgraduate degrees in management. It was awarded a re-accreditation 'A' grade and 3.42 GPA in the second cycle assessment conducted by the National Assessment and Accreditation Council.

<span class="mw-page-title-main">Rupert Hoogewerf</span> British researcher and accountant

Rupert Hoogewerf, also known by his Chinese name Hu Run, is a British businessman, currently the chairman and chief researcher of Hurun Inc, best known for the "Hurun Rich List", a ranking of the wealthiest individuals.

<span class="mw-page-title-main">Xu Rongmao</span> Chinese-Australian entrepreneur

Xu Rongmao, or Hui Wing Mau in Cantonese, is a Chinese-Australian entrepreneur and billionaire, and the founder and the chairman of Shimao Property. Xu is estimated to be one of the largest property developers in Shanghai. According to Forbes in 2021, his net worth is estimated at $10.3bn.

<span class="mw-page-title-main">Roshni Nadar</span> Indian businesswoman

Roshni Nadar Malhotra is an Indian billionaire businesswoman and philanthropist and the chairperson of HCL Technologies. She is the first woman to lead a listed IT company in India. She is the only child of HCL Group founder and billionaire businessman Shiv Nadar. In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in India.

<span class="mw-page-title-main">Chen Tianqiao</span> Chinese businessman

Chen Tianqiao ; born 1973) is a Chinese businessman who co-founded the Tianqiao and Chrissy Chen Institute in 2016. His net worth is an estimated US$4,000,000,000.

<span class="mw-page-title-main">Wang Jianlin</span> Chinese businessman (born 1954)

Wang Jianlin is a Chinese business magnate, investor and philanthropist. He is the chairman, founder, and majority shareholder of the Dalian Wanda Group, one of China's foremost conglomerate companies, which is also well known for being China's largest real estate development company and the world's largest movie theater operator. He previously owned 17% of the Spanish football club Atlético Madrid. In 2016, Wang reached a deal with FIFA to launch the China Cup, in which national football teams compete in Nanning, Guangxi each year.

<span class="mw-page-title-main">Trishneet Arora</span> Indian entrepreneur

Trishneet Arora is the founder and chief executive officer of TAC Security, a cyber security company. He was named in Forbes 30 Under 30 2018 Asia list and Fortune India 40 Under 40 2019 List of India's Brightest Business Minds. Trishneet Arora listed among Top 10 youngest Indian billionaires in Hurun Rich List of India 2024, with $130 Million Net Worth

Niranjan Hiranandani is an Indian billionaire businessman, co-founder and managing director of Hiranandani Group, engaged in real estate business. He is ranked by Forbes among the 100 richest Indians, with a net worth of US$1.6 billion as of June 2021.

<span class="mw-page-title-main">Bhavin Turakhia</span> Indian businessman

Bhavin Turakhia, is an entrepreneur, and the founder of Titan, Flock, Radix, CodeChef, and Zeta. In 2016, Bhavin, a billionaire, was ranked as the 95th richest person in India, along with his brother Divyank Turakhia, according to Forbes. He was a 2011 Young Global Leader by the World Economic Forum.

Jihan Wu is a Chinese billionaire cryptocurrency entrepreneur. Together with Micree Zhan, he co-founded Bitmain in 2013, which has become the world's largest computer chip company for bitcoin mining, with US$2.5 billion in revenue in 2017. He is a leading supporter of Bitcoin Cash, a hard fork of bitcoin created in 2017 with increased transaction capacity. He topped Forbes' 2020 World’s Billionaires List as one of the five youngest billionaires in Asia.

<span class="mw-page-title-main">Zeta (company)</span> Indian banking tech company, founded 2015

Zeta is a banking software company that was founded by Bhavin Turakhia and Ramki Gaddipati in 2015. The company provides credit and debit card issuer processing, BNPL, core banking and "mobile experiences". Zeta provides its products to banks and fintechs.

Nirmal Jain is an Indian billionaire businessman. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerate. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.

Colin Huang Zheng is a Chinese businessman, investor, and philanthropist. He is the founder and former CEO of the e-commerce company Pinduoduo, which is now the largest agriculture platform in China. Huang is also the owner of at least three other limited liability Cayman companies, including Pinduoduo.

Micree Zhan or Zhan Ketuan is a Chinese electronics engineer and businessman. He is the co-founder and CEO of Bitmain, the world's largest computer chip company for cryptocurrency mining. In 2018, Hurun Report named him the richest cryptocurrency billionaire in the world. In 2019, Bloomberg ranked Zhan as the world's 9th richest self-made billionaire aged 40 or younger, with a net worth of US$5.2 billion.

<span class="mw-page-title-main">.tech</span> Internet top-level domain

.Tech is a generic top-level domain (gTLD) of the Domain Name System (DNS) used in the Internet. The name is truncated from technology.

<span class="mw-page-title-main">.store</span> Generic top-level domain

.store is a generic top-level domain (gTLD) of the Domain Name System (DNS) used in the Internet. It was the first domain extension to be launched specifically for ecommerce.

Radha Vembu is an Indian billionaire businesswoman and the owner of a majority stake in Zoho Corporation, an Indian software development company.

References

  1. 1 2 3 4 5 "Div Turakhia Just Became A Billionaire". WIRED. Retrieved 2018-02-13.
  2. 1 2 Munford, Monty. "Chinese Consortium Acquires Media.Net For $900 Million In Third-Largest Ever AdTech Deal". Forbes. Retrieved 2018-02-13.
  3. 1 2 Shah, Ruchika. "Turakhia brothers: Getting it right, time after time". Forbes. Retrieved 2018-11-06.
  4. Raghunathan, Anu. "Billionaire Tech Brothers Debut On India Rich List After Selling Company To A Chinese Consortium". Forbes. Retrieved 2016-12-12.
  5. "Meet India's wealthiest new-age techpreneurs". VCCircle. 2017-09-29. Retrieved 2018-02-13.
  6. "Meet the technology whiz kids Bhavin and Divyank Turakhia | Forbes India". Forbes India. Retrieved 2018-02-13.
  7. Mannes, John. "Media.net acquired for $900M in mega ad-tech deal". TechCrunch. Retrieved 2016-12-12.
  8. "Bhavin & Divyank Turakhia". Forbes. Retrieved 2016-12-12.
  9. 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)
  10. "Narsee Monjee College of Commerce and Economics". www.nmcollege.in. Retrieved 2018-02-13.
  11. "Turakhia bros net $900 million by selling ad tech startup to Chinese investors - Times of India". The Times of India. Retrieved 2018-02-13.
  12. "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.
  13. "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.
  14. "India's richest tech billionaires in 2020". Business Insider. Retrieved 2020-10-28.
  15. Lath Sawai, Alpana. "Mumbai's richest young techie". Mumbai Mirror. Retrieved 2018-12-23.
  16. Carvalho, Brian. "Billionaire fastlane". Forbes. Retrieved 2018-11-02.
  17. "Meet the six billionaires who've made a debut in India Rich List this year | Forbes India". Forbes India. Retrieved 2018-02-13.
  18. "Dubai has highest number of self-made billionaires". ArabianBusiness.com. Retrieved 2018-02-13.
  19. admin@hurun.net. "Hurun Report - Details". hurun.net. Retrieved 2018-02-13.
  20. "Bhavin & Divyank Turakhia". Forbes. Retrieved 2018-02-13.
  21. "The winners of the ETPanache Trendsetter Awards 2016 - ETPanache Trendsetter Awards: The Invincibles". The Economic Times. Retrieved 2018-02-13.
  22. "Hurun Report India". www.facebook.com. Retrieved 2018-02-13.
  23. utvinews (2010-04-28), Winning Warriors: Divyank's indulgence , retrieved 2018-02-13
  24. utvinews (2010-04-28), Winning Warriors: The Directi story , retrieved 2018-02-13
  25. "Enterprise Twenty20". The Financial Express. Retrieved 2018-02-13.
  26. "Asia's Young Entrepreneurs". Bloomberg.com. 2006-08-21. Archived from the original on 2006-09-22. Retrieved 2018-02-13. Alt URL
  27. Huet, Ellen. "Barrel Rolling With A Thrillionaire Entrepreneur". Forbes. Retrieved 2018-02-13.