Byju Raveendran’s Net Worth Was ₹ 17,545 Crore A Year Ago. Today It Is..

New Delhi: 

Byju Raveendran’s net worth a year ago was ₹ 17,545 crore ($2.1 billion) and he featured in several prestigious ‘globe’s richest’ lists. However, according to the recently released Forbes Billionaire Index 2024, Mr Raveendran’s net worth has fallen to zero.

This sharp decline comes in the wake of multiple crises that have rocked the once high-flying startup, marking a significant fall from grace for the poster child of India’s startup ecosystem.

Noting Byju’s fall from the list, Forbes said, “Only four people from last year’s list dropped off this time, including former edtech star Byju Raveendran, whose firm Byju’s was enveloped in multiple crises and its valuation was marked down by BlackRock to $1 billion, a fraction of its peak $22 billion valuation in 2022.