![\"Vivek](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/Screenshot_2026-07-02_135930_1782981056229_1782981061555_c49445c8-15fe-4a62-b572-7e32c96a31a2.jpg\" "\\"Vivek")
Vivek Waman retired in 2021 after accumulating \u20b915 crore.<\/p>\nA fixed salary, no inheritance and no business \u2014 that’s how Vivek Waman describes the foundation of his wealth. After spending 24 years in the information technology industry, the former Wipro and PwC employee retired at the age of 47 after realising he had already achieved financial freedom.<\/p>\n
Vivek Waman retired in 2021 after accumulating \u20b915 crore.<\/p>\n
Waman recently appeared on the 1% Club’s podcast, where he revealed to host Shreya Hegde that he had accumulated a family net worth of \u20b915 crore by 2021 \u2014 far more than the \u20b910 crore he believed he needed to retire. Today, that figure has grown to more than \u20b920 crore, despite market volatility.<\/p>\n
Who is Vivek Waman?<\/p>\n
Waman introduced himself on the podcast by saying: \u201cI spent about 24 years in the corporate world, mostly in information technology and consulting. In 2021, when I realised I had achieved financial freedom, I quit my job and started my own financial services business.\u201d<\/p>\n
His LinkedIn profile shows that he has worked at companies like Wipro, Accenture<\/a> and PwC India.<\/p>\n How he built \u20b915 crore net worth<\/p>\n In 2021, Vivek Waman quit his job with a net worth of \u20b915 crore. He was only 47 at the time, years away from the typical retirement age in India.<\/p>\n Waman explained on the podcast that at his last job, he earned between \u20b94 to 5 lakh per month. This is a far cry from his first salary of \u20b912,000 per month, but he is of the opinion that no salary is too small to begin saving.<\/p>\n Asked how he managed to get rich, Waman replied: \u201cThe short answer is: bit by bit, drop by drop.\u201d<\/p>\n He then elaborated on this by saying that investing consistently contributed to his \u20b915 crore retirement fund.<\/p>\n \u201cIt required patience, discipline and consistent investing over a long period. Investing is often compared to watching paint dry or grass grow. It’s boring, but that’s exactly what long-term investing is supposed to be,\u201d he said.<\/p>\n His advice to other employees<\/p>\n It is not unheard of, but it is certainly rare for a person to retire early and accumulate wealth simply through a salary, without any side income streams. But that\u2019s exactly what Waman managed to do \u2014 and he feels that every salaried employee can follow in his footsteps.<\/p>\n \u201cLet me make a bold statement: every salaried employee <\/a>working a 9-to-5 job can become financially free, irrespective of their income, provided they start early and stay disciplined,\u201d he said.<\/p>\n He advised young employees to continue learning throughout their careers. Second, he also recommended keeping lifestyle expenses low.<\/p>\n \u201cWhen you start your jobs, don’t restrict yourself to learning and acquiring new skills only at the beginning of your career, because only that helps you to get that enhanced probability of increasing your incomes,\u201d he said.<\/p>\n \u201cWhen your incomes increase, don’t increase your expenses by the same proportion,\u201d Waman said. \u201cNumber three is work with a good advisor to create your goal-based financial plan. And finally, don’t interrupt compounding.”<\/p>\n What money gives you<\/p>\n While many equate wealth with luxury purchases, Waman said financial independence gave him something far more valuable.<\/p>\n Asked how his life changed after he built a massive corpus, the former Wipro <\/a>employee said: \u201cThe biggest luxury money gives you is the psychological freedom. The ability to say no.”<\/p>\n