'MIDDLE-CLASS' ACCENTURE EMPLOYEE SHARES HOW HE REACHED RS 5 CRORE NET WORTH IN JUST 11 YEARS

A man from Gurgaon, working at Accenture has the internet's undivided attention after he shared how he built his net worth from zero to Rs 5 crore over 11 years. Gurjot Ahluwalia, who plans to retire with financial independence in 2025, recently posted on social media announcing his current net worth of Rs 5 crore, calling it his biggest achievement of 2024. He also shared a screenshot of an app, showing his net worth at Rs 5 crore and liabilities at just Rs 2.7 lakh.

Ahluwalia attributed his financial success to three key strategies. First, he focused on advancing his career to earn a higher income. Second, he practiced delayed gratification and saved aggressively. Finally, equity investments played a crucial role in growing his net worth to Rs 5 crore in 11 years. His achievement has left the internet quite inspired.

How he is close to his financial freedom goals

He however noted that his journey from a salaried middle-class person to a net worth of Rs 5 crore was made possible by two key factors: no debt, as his education was paid for by his parents and no rent because he lived with his parents. He also admitted that the recent market corrections had reduced his net worth by 8-10 per cent. The Indian equity market benchmark index Nifty is down over 10 per cent from its last year's highs while the correction in mid-cap and small-cap have been higher.

When asked about his liabilities by a netizen, Gurjot Ahluwalia said he was travelling to Dubai during that time. Generally, he tries to keep liabilities under Rs 1 lakh, he added. In one of the videos he has shared on internet, he emphasized the age-old wisdom why time in the stock market is more important than timing the market, drawing from his own example.

What netizens said

Netizens were quick to shower praise on the individual’s impressive financial journey, applauding his smart investment strategies and disciplined approach. Many congratulated him, calling him a smart and sensible investor. Others highlighted the importance of consistency, patience, and delayed gratification in building wealth.

One user emphasized how instant gratification often erodes wealth, while another noted that his success reflects the value of long-term investing and financial discipline. Some pointed out that while replicating specific stock picks may be challenging, the key takeaway is the power of patience and investing over time. Others highlighted the importance of high income, consistent savings, and equity ownership as crucial factors in achieving financial independence.

A netizen said that many investors may not be able to replicate his stock-picking, but what stands out is the value of investing over long periods of time and exercising extreme patience. And delayed gratification. Another netizen congratulated him for pointing out the benefit of high income, savings, and business ownership (through equity investing).

Sharing their own goal, a netizen wrote, "Congratulations! I hope to achieve this by 2030. Rent is biggest expense in city like Mumbai, achieving a million dollar corpus while paying rent for 15-20 years is really difficult for salaried class. But high salary and discipline can help one achieve this milestone."

Who is Gurjot Ahluwalia

According to Gurjot Ahluwalia's LinkedIn profile, he currently is a senior manager at Accenture Strategy and earlier he had worked as a Relationship Manager with the wealth management unit of a private bank. He did his MBA from FORE School of Management, New Delhi, after completing BTech from Chandigarh Engineering College.