Paytm Owner Net Worth - Vijay Shekhar
Vijay Shekhar Sharma, the founder and owner of Paytm, has a net worth of approximately US$1.1 billion as of September 2022, according to Forbes. This is a significant decrease from his peak net worth of US$2.1 billion in 2018.
Sharma's net worth is largely tied to his stake in One97 Communications, the parent company of Paytm. He owns approximately 14% of the company's shares. The value of these shares has fluctuated significantly in recent years, due in part to the company's struggles to turn a profit.
Breakdown of Sharma's net worth as of September 2022:
- One97 Communications shares: US$990 million
- Other assets: US$120 million
It is important to note that net worth is a snapshot of an individual's assets and liabilities at a given point in time. It can fluctuate significantly due to changes in stock prices, real estate values, and other factors.