Binny Bansal Net Worth

Binny Bansal has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Binny Bansal profile (figures as of October 20, 2026). That is up from $1 billion in 2019.

Binny Bansal is an Indian technology entrepreneur best known for helping start Flipkart in 2007. Earlier in his career, he worked at Sarnoff Corporation and later joined Amazon as a software engineer. He teamed up with Sachin Bansal, a friend from IIT Delhi, and they launched Flipkart as an online bookstore. The pair put in $6,000 from their savings and ran the business from their apartment as they got the company off the ground.

As Flipkart expanded, Bansal moved into bigger leadership jobs. He was chief operating officer until January 2016, then became chief executive officer. In January 2017, he became group CEO of Flipkart Group. A major money moment came in 2018, when Walmart bought a 77% stake in Flipkart for $16 billion. In 2023, Bansal sold his remaining 1.8% stake to Walmart in a deal that reportedly valued Flipkart at $35 billion.

How Binny Bansal built his wealth

Most of Binny Bansal's wealth comes from Flipkart, the e-commerce company he cofounded in 2007. The business started with books and later became a much larger online retail platform. His software background helped early on, and he stayed closely involved as the company grew. He worked on strategic development, direction, and business management, serving first as COO, then CEO, and later as group CEO of Flipkart Group.

His money story also includes major stake sales and startup investing. In 2018, Walmart bought 77% of Flipkart for $16 billion in what was reportedly then the world's biggest deal for an internet firm. In 2023, Bansal sold his remaining 1.8% stake to Walmart at a reported $35 billion valuation for Flipkart. He is now chairman of xto10X, which he cofounded with former Flipkart colleagues, and he also invested $12.5 million in Mobikon in October 2019.

Forbes net worth timeline

Forbes has tracked Bansal as a self-made billionaire in technology, tied mainly to Flipkart. Its estimates went from $1 billion in 2019 to $1.1 billion in 2020 and 2021, then to $1.3 billion in 2022. That climb lines up with the value created around Flipkart over time, including Walmart's 2018 purchase and the later sale of Bansal's final stake. Those company deals are the clearest markers behind the changes in his fortune.

Since 2023, Forbes has kept its estimate at $1.4 billion, including the 2024, 2025, and 2026 World's Billionaires lists. Forbes' real-time billionaires tracker also put him at $1.4 billion as of October 20, 2026. The flat estimate came after Bansal's 2023 exit from his last Flipkart holding and his move toward startup work through xto10X, along with outside investments such as Mobikon and his investment in the IIT Delhi endowment fund in 2019.