Rahul Yadav: Founder of Housing.com, Net Worth 2020

Rahul Yadav is an Indian entrepreneur, known as the co-founder and former CEO of real-estate search portal Housing.com.

For his work at Housing.com, Yadav made the Forbes India list of "30 Under 30" young entrepreneurs. Called "bad boy of Indian startups", he is often compared with Steve Jobs for his product skills and brash behaviour with investors and media.

Citing "I’m just 26 and it’s too early in life to get serious about money" for an interview in Financial Express, he distributed all of his personal equity in Housing.com, worth around 200 crore rupees, to its 2,251 employees.

His dismissal as CEO by Housing.com's board of directors  attracted considerable media attention.

Subsequently, Yadav announced his latest venture, Intelligent Interfaces which would assist companies and organisations in automating processes.

The company is backed by Sachin Bansal and Binny Bansal, co-founders of the Indian e-commerce giant Flipkart and Youwecan ventures also announced that they would be participating in the seed round as well.

 

Key Description:


Born: 1990 (age 30 years), Alwar

Spouse: Karishma Khokhar

Education: Indian Institute of Technology Bombay (2007–2011)

Organization founded: Housing.com

Occupation: CTO Anarock Property Consultants (formerly JLL Residential),

Former Co-Founder& CEO Housing.com

Co-Founder of: Intelligent Interfaces

Years Active: 2012 to present

Known for: Housing.com

Notable work: Housing.com, exambaba

Social Network: Facebook, LinkedIn

 

 

Life and career of Rahul Yadav:


Yadav was born to middle-class parents from Khairtal, Rajasthan. He enrolled at Indian Institute of Technology Bombay in 2007, specialising in metallurgy.

He served as the representative and secretary for the university's student association.

After first building Exambaba.com, an online question bank of old exam papers that IIT Bombay asked Yadav to close, Rahul dropped out of college in his final year.

In the process of building Exambaba.com, he had learned programming, which enabled him to subsequently design a series of Google applications. In 2012, he along with eleven other classmates co-founded Housing.com, after they had a difficult time finding accommodation in Mumbai.

He came up with a new venture related to virtual, augmented reality, and interfaces.

 

Housing.com:


Housing.co.in was founded in 2012, and was later renamed Housing.com. Yadav says that he started up Housing.com in response to a severe housing shortage in India. By mid-2015, under Yadav's leadership, Housing.com had three offices in Powai, a suburb of Mumbai.

The site aims to increase transparency in the real estate market. Its original line-up of products include map-based rental search, verified purchase of apartments, buildings and even land in villages and rural areas and 'Slice View' which allows customers to take a virtual tour of chosen properties of big real estate companies.

Having successfully solicited major investors to back the site, Yadav retained only a five per cent share in the business which later made it possible for investors to oust him.

Housing.com was named one of the hottest tech startups in 2012. SoftBank was among its funding partners, and the fledgling company also partnered with Tata Housing and Tata Value Homes.

According to Forbes India, Housing.com sold eight million dollars' worth of real estate in its first week.

In June 2015, Rahul was fired by the company board citing "his behaviour towards investors, ecosystem and the media".

The shares of his business that Yadav donated to his former employees was considered to be the equivalent to a year's salary. In an apparent explanation of his actions, Yadav said, "I'm just 26 and it's too early in life to get serious about money, etc," in an interview with the Financial Express.

 

Intelligent Interfaces:


In September 2015, Rahul announced his new venture Intelligent Interfaces. The company had secured angel investment from co-founders of Flipkart, Paytm, YouWeCan and Micromax.

Intelligent Interfaces is reportedly a data analytics company and visualization company catering to e-commerce companies.

 

CTO At Anarock:


In July 2017, Rahul joined Anarock Property Consultants in the role of a Chief Product and Technology Officer. He left Anarock in March 2020. Yadav was responsible for the development of a technology-driven online brokerage platform for Anarock.

Jeff Bezos: Biography, Education, Net Worth 2020

About Jeff Bezos


Jeff Bezos full name is Jeffrey Preston Bezos born January 12, 1964 is an American internet entrepreneur, industrialist, media proprietor, and investor. He is best known as the founder, CEO, and president of the multi-national technology company Amazon.

Jeff Bezos

The first centi-billionaire on the Forbes wealth index, Bezos has been the world's richest person since 2017 and was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018.

In September 2018, Forbes described him as "far richer than anyone else on the planet" as he added $1.8 billion to his net worth when Amazon became the second company in history to reach a market cap of $1 trillion.

 

Key Description of Jeff Bezos:


Born: Jeffrey Preston Jorgensen, January 12, 1964 (age 56) Albuquerque, New Mexico, U.S.

Education: Princeton University (BS)

Occupation: Businessman, Media proprietor, Investor, Computer engineer

Years Active: 1986–present, wKnown for Founder of Amazon and Blue Origin

Net worth: US$151.6 billion (May 2020)
Title CEO and President of Amazon

Spouse(s): MacKenzie Tuttle (m. 1993; div. 2019)

Children: 4

Social Network: Instagram, Twitter

 

Business Career of Jeff Bezos:


Early career: After Bezos graduated from Princeton University in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. Bezos was promoted to head of development and director of customer service thereafter. He transitioned into the banking industry when he became a product manager at Bankers Trust. He worked there from 1988 to 1990. He then joined D. E. Shaw & Co, a newly-founded hedge fund with a strong emphasis on mathematical modelling in 1990 and worked there until 1994. Bezos became D. E. Shaw's fourth senior vice-president at the age of 30.

Amazon: In late 1993, Bezos decided to establish an online bookstore. He left his job at D. E. Shaw and founded Amazon in his garage on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America.

Blue Origin: In September 2000, Bezos founded Blue Origin, a human spaceflight startup company. Bezos has long expressed an interest in space travel and the development of human life in the solar system. He was the valedictorian when he graduated from high school in 1982. His speech was followed up with a Miami Herald interview in which he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion.

 

Recognition:


  • In 1999, Bezos received his first major award when Time named him Person of the Year.
  • In 2008, he was selected by U.S. News & World Report as one of America's best leaders.
  • Bezos was awarded an honorary doctorate in science and technology from Carnegie Mellon University in 2008.
  • In 2011, The Economist gave Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle.
  • In 2012, Bezos was named Businessperson of the Year by Fortune.
  • He is also a member of the Bilderberg Group and attended the 2011 Bilderberg conference in St. Moritz, Switzerland, and the 2013 conference in Watford, Hertfordshire, England.
  • He was a member of the Executive Committee of The Business Council for 2011 and 2012.
  • In 2014, he was ranked the best-performing CEO in the world by Harvard Business Review.
  • He has also figured in Fortune's list of 50 great leaders of the world for three straight years, topping the list in 2015.
  • In September 2016, Bezos received a $250,000 prize for winning the Heinlein Prize for Advances in Space Commercialization, which he donated to the Students for the Exploration and Development of Space.
  • In February 2018, Bezos was elected to the National Academy of Engineering for "leadership and innovation in space exploration, autonomous systems, and building a commercial pathway for human space flight".
  • In March 2018, at the Explorers Club annual dinner, he was awarded the Buzz Aldrin Space Exploration Award in recognition of his work with Blue Origin.
  • He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. Time magazine named him one of the 100 most influential people in the world in their 2018 listing.

 

 

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