Have you ever wondered what the net worth of Ashneer Grover is?
Ashneer Grover is an active investor in the Indian startup ecosystem, and you might know him as a judge on the reality show Shark Tank India.
As of May 2023, Ashneer Grover has a net worth of around $90 million.
Table of Contents
Early Life
The Shark Tank India mogul, Ashneer Grover, was born and raised in Malviya Nagar, Delhi. According to his memoir, he grew up with a ‘refugee’ label.
He received his education there up until he graduated with a B Tech in Civil Engineering from the Indian Institute of Technology (IIT) in 2004.
That said, Grover did move for a while to France as part of a student exchange program at the Institut National des Sciences Appliquées de Lyon (INSA-Lyon).
Then, he went on to get his MBA from the Indian Institute of Management Ahmedabad (IIMA) from 2004 to 2006.
Career
After getting his MBA, Ashneer Grover landed a job as vice president for Kotak Investment Banking.
Grover stayed in the position for a little over 7 years before shifting to American Express in 2013. There, he was a corporate development director for nearly 2 years.
Next in Grover’s career timeline came Grofers, an online grocery retail platform currently known as Blinkit. At Grofers, Ashneer Grover managed to raise $170 million as CFO.
However, the highlight of his career is that he was a co-founder of the financial services platform, BharatPe in 2018.
As it happens, Grover’s company made a whopping $57.2 million in revenue in 2022!
Interestingly, he even got to work with his wife, Madhuri Jain Grover. After all, she acted as the head of controls at the BharatPe for a while.
Controversies
Recently, Ashneer decided to resign from his position as managing director at BharatPe.
The resignation came after controversies surrounding investigations into financial mismanagement, disputes with the board, and allegations of verbal abuse.
The whole debacle started when Grover was accused of abusing an employee at Kotak Mahindra Bank. Soon, a recording of the alleged incident went viral on social media.
As of May 2023
As of May 2023, Ashneer Grover has a net worth of around $90 million.
Sure, Ashneer Grover’s net worth might not be as high as other Shark Tank moguls, like Daymond John, Kevin O’Leary, or Mark Cuban.
However, he’s still one of the richest sharks on the Indian version of the reality TV show.
Investment Portfolio
Ashneer Grover happens to be an active investor, too.
Aside from owning shares in BharatPe, Grover also has a ton of other investments in FinTech, health tech, and primary healthcare.
He even got into the fields of consumer credit, trading analytics, investing tools, parking assistant software, and alternative tobacco.
The highlights of Grover’s investments include:
- Kredmint
- Revamp Moto
- TagZ Foods
- Koo App
- AngelList India
- Atom Finance
- Egregore Labs
- India Gold
- HireQuotient
- Fello
Assets
One of the entrepreneur’s top assets is his 18,000-square-foot house in Delhi’s Panchsheel Park, with statement art pieces boosting both the property’s financial and aesthetic value.
Some estimates from GQ India put Grover’s massive home at around $3.6 million.
Plus, he’s also a car lover. He often shares images of his car collection, but what stands out the most to his fans are the Porsche Cayman and Mercedes Maybach.
Book Deal
It seems like the ways Ashneer Grover earns money are expanding since he announced that he’ll be releasing a memoir called “Doglapan: The Hard Truth about Life and Start-Ups.”
As it happens, “Doglapan” was one of his catchphrases on Shark Tank that quickly went viral among fans. There were even memes about it!
However, Grover’s book isn’t about comedy at all.
Instead, it promises to offer insights into Grover’s experience with the whole investment saga that can help the readers get more clarity in their own paths.
Frequently Asked Questions (FAQs)
Is Ashneer Grover still on Shark Tank India?
Grover only appeared in the first season of Shark Tank, and it doesn’t seem like he was invited to judge in the second season.
It’s not clear if this has to do with the controversies. Either way, Amit Jain will be joining the panel instead.
How much did Ashneer Grover get for judging on Shark Tank?
While some people claim that Grover charged around $12,000 per episode, he denied the notion that they were even paid anything.
Key Takeaways
Everything Can Change in a Blink
Life can be a bit unpredictable, and one moment can flip your whole world upside down. So, never take your current situation for granted.
Don’t Pour All Your Resources Into One Place
Diversifying your assets and investments helps you land on your feet if worse comes to worst.
Between his car collection and diverse investment portfolio, Grover definitely has multiple fronts covered.
Stand Out From the Crowd
Although Ashneer Grover won’t make it to the second season of Shark Tank, he did leave quite the impact and made a household name out of himself while he was on the show.