News > With Ola Electric IPO, boss Bhavish Aggarwal vrooms into billionaire club

With Ola Electric IPO, boss Bhavish Aggarwal vrooms into billionaire club

With the public listing of Ola Electric, its founder and CMD Bhavish Aggarwal has cemented his position as one of the world’s youngest billionaires. 38-year-old Aggarwal, who held 1,36,18,75,240 shares, or 36.94 per cent stake, pre-listing of SoftBank Group Corp.-backed Ola Electric, added $1.4 billion (Rs 140 crore) to his wealth after the shares made its trading debut. With this, the entrepreneur’s net worth jumped to $2.6 billion.