Indians took 17 years on an average to make their first billion— and it has gotten a lot faster recently

• It takes 17 years to become a billionaire in India — far less time than in Germany, Hong Kong, and Singapore.
  
• The quickest person to hit the milestone was eBay founder, Pierre Omidyar who became a billionaire in just 3 years
  
• In contrast, the longest road to billionaire status was by Singaporean paint magnet Goh Cheunf Liang who made his first billion after 59 years
  

It takes 17-years to enter the billionaire’s club in India. While many of you might think that’s a very long time but it’s not — if we compare it to other countries. That’s if you account for the likes of Mukesh Ambani or Shiv Nadar, who ran traditional businesses.

The new crop billionaires like Paytm founder Vijay Shekhar Sharma or Oyo’s Ritesh Agarwal have taken a lot less time to make it to the coveted club of people with a net worth of at least $1 billion. Investors are willing to pay a lot more for the new-age businesses.