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nBinny Bansal, a 6 ft tall handsome guy fromnChandigarh, is the Group CEO of India’s largest commercial website, Flipkart.nIn a recent reorganization, he was promoted as the Group CEO and KalyannKrishnamurthy was made CEO of Flipkart. Now, apart from Flipkart, Binny Bansalnwill also be responsible for managing Myntra and PhonePe.
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nBinny along with Sachin Bansal had started Flipkartnin 2007. Both have the same surname – Bansal – and bothnbelong to Chandigarh, but they are not related. In fact, both of them hadnstudied in the same batch, same college, same department – B. Tech, ComputernScience from IIT – Delhi. Before co-founding Flipkart, Binny and Sachin hadnworked together with Amazon in the USA.
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nSalarynof Binny Bansal
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nBinny and Sachin both holds 20 % of shares ofnFlipkart. Rest is in the hands of investors and venture capitalist firms.nFlipkart is not a listed company.
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nSince, it is not listed in any share market, therenis no requirement for the company to disclose about the exact amount it givesnto the CEO and other executives in the form of salary and perks.
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nHowever, there are grapevines going on in the techncircle of Bangalore about the salary of Binny Bansal.
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nAs per one estimate, he is currently getting Rs.n5 Crore per annum as salary from the company he had co-founded. Itnshould also be noted here that Sachin Bansal, the former CEO, is still gettingnlittle more than what Binny has been offered by the board.
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nIt means, Binny is among the top salary earner ofnIndia. He is definitely lags behind likes of Navin Jindal who gets. around Rs.n73 Crores.
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nIt should also be mentioned here that apart fromnsalary, Binny is also getting rich as he is holding 10 % of the share of thencompany. As per current estimates, he is valued at $1 billion and along withnSachin he is in the coveted list of Indian billionaires. It should be notednthat he is a self-made billionaire and is only 33 year old.
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nFollowing is the briefnwiki and biography of Binny Bansal:
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nReal Name: Binny Bansal
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nNick Name: Binny
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nDate of Birth: 5th August, 1981
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nAge: 36 Years
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nFather: A retired Chief Manager of a Public Sector Bank.
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nMother: A retired Government employee. Binny Bansal has no sibling. He is thenonly child of his parents.
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nEducational Qualification: After completing schooling from Chandigarh, Binny cracked IIT JEE andntook admission in IIT Delhi from where he has completed B. Tech. with ComputernScience.
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nReligion: Hinduism
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nCaste: Bania
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nBirth Place: Chandigarh
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nAwards and Recognition: Binny was recently awarded Asian of the Year by The Strait Times.
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nNet Asset:
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nRelationship Status: Binny Bansal is married to Trisha Bansal. The couple are living innBangalore. They were in news recently for buying one of the costliestnresidential properties of Bengaluru.
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nNewsnand Interesting Facts:
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