Divyank Turakhia

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][9]

Divyank Turakhia
Born (1982-01-29) 29 January 1982
NationalityIndian
OccupationFounder and CEO of Media.net
Net worth US$1.76 billion (September 2017)
RelativesBhavin Turakhia (brother)

Early life and education

Divyank Turakhia, was born on Jan 29, 1982 to a middle-class Jain family in Mumbai, India.[1] He was interested in coding from young age. [10]

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 (University of Mumbai).[11][12]

Awards and recognition
  • #2 in the IIFL Wealth and Hurun India 40 & Under Self-Made Rich List (2020)[13][14]
    1. 9 in India's Richest Tech Billionaires by IIFL Hurun Rich List (2020)[15]
  • Youngest Indian Billionaire (2018, 2017, 2016)[16][17][3][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

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.[29] His older brother, Bhavin Turakhia, is also a billionaire tech entrepreneur. The brothers had earlier sold four tech companies in 2013 to US-based web-hosting firm Endurance International.[30]

References
  1. "Div Turakhia Just Became A Billionaire". WIRED. Retrieved 2018-02-13.
  2. Munford, Monty. "Chinese Consortium Acquires Media.Net For $900 Million In Third-Largest Ever AdTech Deal". Forbes. Retrieved 2018-02-13.
  3. 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. "Divyank Turakhia - Founder, CEO @ Media.net | crunchbase". www.crunchbase.com. 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.
  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.
  30. "Bhavin & Divyank Turakhia". Forbes.
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