Meet man who was once a barber, now owns 400 luxury cars, more than Mukesh Ambani, Ratan Tata, his business is…, net worth is…

Amidst the ever-expanding billionaire-scape in India which is dominated by business tycoons, titans of industry, and tech magnates, one name which stands out among the crowd is Ramesh Babu, a self-made billionaire whose rags-to-riches story is one of the most inspirational tales you will ever hear.

Who is Ramesh Babu?

Ramesh Babu is a towering figure in the car-rental industry space, but this was not always the case. Ramesh’s journey towards a Rs 1,200 crore fortune and a collection of over 400 of world’s most luxurious cars, is as humble as it can be. Ramesh Babu, once a modest barber, overcame insurmountable odds with his steely resolve and astute business sense to become an industry leader in the car rental market.

Ramesh Babu – Early life, struggles

Ramesh Babu’s remarkable story has humble begins with him as a 13-year-old taking on every odd job he could find to support his family which was dirt poor. In his formative years, Babu delivered newspapers, milk, and did every other kind of odd job, while also managing his father’s humble roadside barber shop to earn a meal for his family,

However, despite all these challenges, Ramesh never abandoned his pursuit of getting an education, attending school during the day and helping out his father at the barber shop till late night. Ramesh’s hard-work ultimately paid off as he earned a diploma in electronics which paved the way for his future business ventures.

Ramesh Babu – The genius businessman

Ramesh Babu had always viewed the car rental service industry as a sustainable business option, and in 1993 he realised his dream when he bought his first vehicle, a Maruti Omni van, with some savings he and support from his uncle. With his Omni van, Ramesh entered into Bengaluru’s car rental business, and soon his fleet grew as business started giving positive financial returns, owing to his brilliant business acumen.

Initially, Ramesh drove the vehicles himself, but later hired other drivers as the business flourished and expanded while the demand surged.

From small player to industry leader

Even though Ramesh Babu’s car rental business was flourishing in Bengaluru, he was small-time player in the space. However, this changed in 2004 when Babu decided to target the high-end clients and bought his first luxury vehicle, a Mercedes-Benz E-Class sedan. Ramesh’s gamble paid off and soon he became the industry leader in the car rental market, and over the next few years, acquired an impressive fleet of world class luxury vehicles, including the Rolls Royce Ghost and Mercedes Maybach.

Ramesh Babu’s company, Ramesh Tours & Travels, is presently regarded as one of the best in the car rental industry, catering to celebrities, prominent personalities, politicians, as well as local customers.

Ramesh Babu car collection

Ramesh Babu is famous for his grand collection of luxury vehicles, which include some of the world’s most high-end brands like Audi, BMW, Mercedes-Benz, Jaguar, among other. Currently, his company’s fleet is estimated to own over 400 of these high-end luxury automobiles. Notably, Ramesh’s fleet also has mini-buses, vans, and even vintage, and budget cars, to accommodate the needs of his varied clientele.

Ramesh Babu – Net worth

According to the latest estimates, Ramesh Babu, once a humble barber, has a personal net worth of approximately Rs 1,200 crore, an attestation to the power of determination and hard work which has made him a unique name among India’s billionaires.