Ashneer Grover Net Worth
|Net Worth||$105 Million|
|Date of Birth||14 June 1982|
Ashneer Grover is a popular name today in business and entrepreneurship. He is the founder and the former managing director of BharatPe. He is currently in discussion for his role as a judge of Shark Tank India (It is a reality show inspired by a particular American reality show).
Ashneer is a self-made man though he is recently going through a rough time. He is well-reputed and used to living life king-size. But recent circumstances have affected his financial statistics and net worth a lot. Otherwise, he has seen rapid growth of success in terms of economy and popularity.
He has plenty of assets in the form of equity, property, cars, and many more luxurious things. Let us take a quick look at his fortune, lifestyle, investment and the recent controversy.
Ashneer Grover Net worth 2023
According to the statistics, Ashneer Grover’s net worth in 2023 is around $105 million. As he was the CEO of BharatPe, his economic condition has seen a rapid acceleration. Though he has left the company, his net worth has not been affected much. He has invested ₹200 crores in a third unicorn. He even has a plan to establish the company on the international market.
By seeing his salary, it can be assumed that his yearly income is around a hundred thousand dollars. Most of his salary comes from his investment in BharatPe and Shark Tank India.
|Monthly Income of Salary||Over $1 Million Dollars.|
|Yearly Income||Over $9 Million Dollars|
|Net Worth||$105 Million Dollars|
Main Source of Income
As per the data for 2023, Ashneer Grover’s total net worth is around $105 million. It is a matter of astonishment what his source of income can be. He has previously worked with several powerful companies like Kotak, American Express, PC Jewellers etc. Later after establishing BharatPe, his growth net worth has seen enormous success. He has also invested in Shark Tank India. So his salary also comes from that.
Ashneer Grover Net Worth Over The Years
One of the world’s famous entrepreneurs, Ashneer Grover, currently possesses a net worth of $105 million in Indian rupees; this net worth comes to around ₹800 crores. Besides being so popular as an entrepreneur, Ashneer is also famous due to recent controversies in his company.
Ashneer is also known for his expensive taste and a sharp mind for investments. His net worth over the years is as follows. No doubt, the graph has a rapid acceleration, and it may continue to grow in the future.
Ashneer Grover: A Popular Investor
Ashneer Grover is an active and experienced investor who has been investing in various industries for a long time. He was educated in finance. So he has experience with where and how to support. He is investing in several fintech companies and other industries by applying this knowledge. Recently he has invested in Shark Tank India & BharatPe.
- Investment in VC Funds: Ashneer Grover has put his crores in two Venture Capital (VC) assets as a Limited Partner (LP), as per MoneyControl. Curiously, one of them is Ribbit, one of the first supporters who put resources into Grover’s organization, BharatPe. The subsequent one is Vinny Pujji’s asset. Both these assets are functional in the US. While Ribbit is esteemed at $700 million (Rs 5,200 crore approx.), Vinny Pujji’s asset has a valuation of $400 million (Rs 2,900 crore approx.).
Other Income Sources
Ashneer Grover is a famous entrepreneur and investor. So his salary doesn’t come from a single source. In the above part, we have mentioned he has already invested in various companies, so a large amount of his income comes from those investments and shares. Recently his role as a judge and investor in Shark Tank India also forms a large part of his income.
Previously he had worked with several popular industries like Kotak, American Express, PC Jewellers, Grofers, etc. Everywhere he held a prestigious position and his net worth is an accumulation of those incomes. Last but not least, being the CEO of BharatPe, he has earned a lot.
Recent controversies have reported that after leaving BharatPe, Grover has lost a significant amount of $100 million. A large portion of it has been cut out from his wealth. However, this famous 40-year-old businessman lives with his family in Panchsheel Park, Delhi. It is a great house. Its current estimated value can be around ₹30 crores as the house is situated over 18000 sq. ft. The Grover’s also like to travel and do adventures throughout the world. Ashneer and Madhuri, the couple, share exciting photographs of their journey throughout Dubai, Prague, London, etc.
With such a huge bank balance, it can be assumed that Ashneer Grover would like to be the owner of several precious cars. There are many modest vehicles in his car collection: a Mercedes Maybach S650 (worth around Rs 2.5 crore), a Mercedes Benz GLS 350, a Porsche Cayman S, and an Audi A6. He loves his cars. It is reported that he still possesses a white Hyundai Verna- it was his first car before having such a great fortune.
Ashneer Grover Biography
Among many well-known and successful entrepreneurs in India, Ashneer Grover is among the top names on the list. He is a very successful business giant who recently got insane popularity as a judge of Shark Tank India season 1.
Ashneer Grover is a very popular and one of the most searched individuals, especially after the reality show Shark Tank India. His unique style and straightforward nature attract the attention of millions of people. From an ordinary daily boy, he has become an MD of a top payment company in India. The journey was, however, not easy. He always wanted to do something innovative. So he went to IIM Ahmedabad to learn new skills. Besides being the judge of Shark Tank India, he was the co-founder and the formal managing director of a leading Fintech company in India called BharatPe.
|Date of Birth||14th June 1982|
|Father’s Name||Not Known|
|Mother’s Name||Not Known|
|Wife’s Name||Madhuri Jain Grover|
|Profession||Founder and Former Managing Director of Bharatpe|
|Educational Qualification||Graduate From IIT Delhi|
|Currently Known For||Judged Shark Tank India Season 1|
|Height||170cm or 5’7″|
|Hair Colour||Salt & Pepper|
Early Life of Ashneer Grover
Ashneer Grover was born on 14th June 1982 in Delhi, India. Though the name of his parents is not revealed, He was born in a Hindu family. He didn’t leave Delhi for the first 25 years of his life. He graduated from the Indian Institute of Technology Delhi (B.Tech in Civil). Then he was admitted to the Indian Institute of Management Ahmedabad for his MBA(Finance) degree.
After getting the degree, he was recruited by a significant exchange company in France. After shifting to Europe and America, he returned to India to set up his new company. Initially, it was named Bharat.
At first, this company failed to make any profit. However, it is considered one of India’s most expensive investments. Its valuation is more than 10 billion dollars. Thus Ashneer Grover has a net worth of over $100 million.
Ashneer Grover Journey in Making His Fortune
After founding BharatPe, he earned much of his wealth through investments in various upcoming powerful companies. He has tied up with companies like Recko, EasyRewardz, and Egregore Labs. He has also worked with MyHQ and a beer brand called Bira. He has also invested in venture capital funds with Ribbit and Vinny Pujji. Ribbit Pujji had invested in BharatPe earlier. The value of these investments is $700 million and $400 million, accordingly.
Career of Ashneer Grover
Ashneer Grover’s career has gone through many ups and downs. He has got experience working with various companies and playing different roles.
- From 2006 to 2013, he was the vice president of Kotak investment banking.
- From 2013-2015 he was the director of AMEX (American Express), a multinational company.
- From 2015 to 2017, he was the chief financial officer of Grofers.
- After that, he joined as a business head of PC Jewellers.
- Finally, in 2018 he founded BharatPe along with Bhavik Koladiya and Shashvat Nakrani.
|May 2006 to May 2013||Vice President of Kotak Investment Banking.|
|May 2013 to March 2015||Director of American Express|
|March 2015 to August 2017||Chief Financial Officer of Grofers.|
|November 2017bto October 2018||Head of PC Jewellers|
|October 2018 to Present||Co-founder and managing director of BharatPe.|
Family & Relationship
Ashneer Grover lives in Delhi with his family presently. His father is a chartered accountant, and his mother is a teacher. Ashneer Grover has a sister named Aashima Grover. Ashneer Grover is Madhuri Jain Grover. The date of their marriage isn’t known. But the couple are the proud parents of Avy & Mannat- their son and daughter, accordingly.
|Spouse Name||Madhuri Jain Grover|
|Children||Son- Avy, Daughter- Mannat|
|Parents||Father- Chartered Accountant (Name Not Known) Mother- Teacher (Name Not Known)|
Ashneer Grover Social Media Profile
Ashneer Grover Twitter
Ashneer Grover has been using Twitter for a long time. Ashneer is very active on Twitter and often posts related business matters. He also interacts with other business people and entrepreneurs on Twitter and cheers them up.
- Ashneer Mercedes Benz Maybach’s number plate reads ‘ASHNEER G.’
- In the initial days of BharatPe, he fixed BharatPe stickers along with his wife and children at the merchant outlets.
- He has a fantasy of visiting different places with his family.
- Before days, Ashneer had gathered a network of 11 lakh merchants to facilitate more than 15 million monthly UPI transactions.
- During his graduation days, he was the winner of a scholarship of €6000 from the French Embassy.
- In Shark Tank India, Ashneer Grover was the first chosen judge.
- Being an active investor, he has invested in almost 22 startups.
- In 2021 he was awarded the entrepreneur of the year.
- BharatPe has assigned different cricketers as the brand ambassador, like Indian Men’s cricket team captain Rohit Sharma, Indian pace bowler Jaspreet Bumrah, Indian Batsman KL Rahul, and Former Indian Batsman Suresh Raina.
As per the news, Ashneer Grover is now one of the wealthiest sharks in India. He is a leading businessman and one of the most famous entrepreneurs in India. His educational background and experiences have supported him much to grow to such an extent. Otherwise, he is also supported by his family and especially by his wife. The way he is proceeding, he may continue to achieve the dreams and goals he might have envisioned.
Ashneer Grover’s net worth will be around $105 million.
Per year Ashneer Grover earns an estimated $9 million.
As per data, Ashneer earns $1 million per month approximately.
Ashneer Grover was the judge of Shark Tank India season 1, where he had invested recently. Apart from that, he has already made investments in 22 companies.
Ashneer Grover possesses a Mercedes Maybach S650 (worth around Rs 2.5 crore), a Mercedes Benz GLS 350, a Porsche Cayman S, and an Audi A6.