Billionaire Ramesh Babu; Local barber turns billionaire

Billionaire-Ramesh-Babu-Local-barber-turns-billionaire

Ramesh Babu is a billionaire who worked his way from the bottom as a poor barber’s son to the top. His story is an inspiring one for all entrepreneurs.

Babu took off as barber in 1994 with Maruti Van. He used the proceeds of  his savings to renew the rent of the barber shop his father left behind upon dead. Presently, Babu is a billionaire who has over 200 luxury cars of BMW’s, Mercedes’ brands among others in his fleet.

After barbing for years, Babu hit his first jackpot when he started a car rental business that was borne out of passion. The rich barber now has over 200 luxury vehicles of various brands in his fleet which he rents out for good sums. The lowest rent money he gives his car out is ₹1,000 (N 5,112.52) per day and the highest go for as much as ₹50,000 (N 255,626).

Interestingly, Billionaire Ramesh Babu still prefers to cut hair so that he never forgets his humble beginnings. In fact, this goes to show that anyone can make it in life, irrespective of their background. On most of the days, the former barber; now, billionaire; goes to his workplace driving Rs 3.1 crore Rolls-Royce Ghost.

ALSO READ: Jack Ma, the Billionaire who grew from Rags-To-Riches.

Ramesh Babu’s Challenges on the Success Journey

Importantly, hallenges are spices for success stories. Babu had his own share of challenges as he journeyed from being a barber to billionaire. He had a challenged road to success and much his early life; which was spent struggling for survival as he had to battle losing his father at a very tender age of seven. He worked his way up the ladder with the barbers shop his father left for him. We believe that if anybody told Babu; he would turn a billionaire by 40, from the barber shop; he would have called it a joke.

In addition, Babu said him and his mother after his father’s demise, had to grow on a meal daily, adding that responsibility soon put him into dilemma of choosing between studying or hunting for survival.

The billionaire said that his dream of always wanting to own a car made him purchase the Maruti that he started renting out.

What started out as an interest soon ballooned into a multi-million business that is central to his country’s tourism business, because his cars are always used by tourists. Despite discouraging comments from people when he was starting his rental business, Babu said he went ahead and said he would sell off even if things go worse.

Today, he has 200 luxury vehicles of various brands in his fleet which he rents out for good sums. The lowest rent money he gives his car out is ₹1,000 (N 5,112.52) per day and the highest go for as much as ₹50,000 (N 255,626). This has summed up to make him a billionaire. We bring up Babu’s success story because it can serve as a success receipt for potential successful entrepreneurs. It will encourage you never to give up at the face of difficult. But, it will trigger you to work hard and write your success story on the sand of time too.