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How India's Youngest Billionaire Is Cashing In On India's Demonetization
“Two thousand seventeen will be ours! How could it not be?” Paytm CEO Vijay Shekhar Sharma, lit by spotlights and shouting into his microphone to wild applause at his mobile-payments startup’s annual party in January, has reason to celebrate. Paytm is cashing in big on India’s fitful move away from paper currency, minting Sharma, 38, as India’s youngest billionaire. Forbes estimates his net worth at $1.3 billion following a December 2016 funding round that valued Paytm at $4.86 billion. Sharma finished high school at 14, but had to wait a year to enter college because he was too young to take the entrance ... (full story)