Nikhil Kamath is India’s youngest billionaire; Know about his career, education, and net worth. Check out who else is on Forbes’ 2024 list
Nikhil Kamath, India’s most youthful extremely rich person, stands out with a total assets of $3.1 billion, as per the Forbes Tycoons Rundown 2024. Close by him, his sibling and Zerodha prime supporter Nithin Kamath, and Flipkart fellow benefactors Sachin and Binny Bansal, have likewise arisen as the country’s most youthful very rich people.
The 37-year-old Nikhil Kamath tops the rundown, while Mukesh Ambani remains India’s most extravagant person with a total assets of $116 billion. Following intently is Gautam Adani with a total assets of $84 billion, positioning seventeenth on the rundown.
In 2010, Kamath helped to establish Zerodha alongside his sibling Nithin Kamath. Zerodha gives financier administrations to managing in stocks, monetary standards, and commodities.] Kamath presented a rebate business model with Zerodha which decreases the commission charged for exchanges, empowering the majority to contribute.
Kamath additionally helped to establish Genuine Reference point In 2020, a resource the board organization that assists super high-net people with putting resources into the Indian business sectors through secretly pooled venture vehicles.
The 37-year-old Nikhil Kamath tops the rundown, while Mukesh Ambani remains India’s most extravagant person with a total assets of $116 billion. Following intently is Gautam Adani with a total assets of $84 billion, positioning seventeenth on the rundown.
Nikhil Kamath’s education
Nikhil Kamath (conceived September 5, 1986, in Udupi, Karnataka) is an Indian business visionary. He is the prime supporter of Zerodha, a retail stockbroker, and Genuine Signal, a resource the board organization. Kamath is a piece of the 2023 Forbes extremely rich people list.he ended proper tutoring subsequent to finishing the tenth norm, as detailed.
Nikhil Kamath’s family
Nithin Kamath, naturally introduced to a Konkani family in Shivamogga, Karnataka, had a dad, U.R. Kamath, who filled in as a leader at Canara Bank, while his mom, Revathi, trained him to play the vena.
Nikhil Kamath’s journey
Nithin and Nikhil Kamath, kin envisioned together, established the markdown business Zerodha in 2010, fundamentally upsetting India’s financier market. Zerodha flaunts north of 12 million clients, situating itself as one of the country’s biggest business firms. Their drive Rainmatter, containing a funding asset and hatchery, centers around putting resources into fintech organizations and tries supporting monetary consideration. Their venture the executives firm, Genuine Reference point, targets super high-total assets financial backers and works on a zero-charge model. In June 2023, Nikhil Kamath, the more youthful of the two siblings, focused on the Giving Vow.
Others on the list
Nikhil Kamath’s situation on the Forbes list is 1062, bragging a total assets $3.1 billion. Binny Bansal, matured 41, follows with a total assets of $1.4 billion and a position of 2152, while Sachin Bansal trails intimately with a similar total assets and a position of 2410. Shamsheer Vayalil, pioneer behind Burjeel Property, gets the fifth spot regarding age, with a total assets of $3.5 billion and a general position of 920. Ravi Modi of Vedant Styles, matured 47, follows with a total assets of $2.6 billion.
Frequently asked Questions
Who is Nikhil Kamath?
Nikhil Kamath is an Indian entrepreneur and the co-founder of Zerodha, a retail stockbroker, and Genuine Signal, a wealth management company. He is also India’s youngest billionaire with a net worth of $3.1 billion, according to the Forbes Billionaires List 2024
What is Nikhil Kamath's educational background?
Nikhil Kamath was born on September 5, 1986, in Udupi, Karnataka, India. He discontinued formal education after completing the tenth standard
What businesses did Nikhil Kamath co-found?
Nikhil Kamath co-founded Zerodha in 2010 along with his brother, Nithin Kamath. Zerodha is a discount brokerage firm that revolutionized India’s brokerage market. In 2020, he also co-founded Genuine Signal, a wealth management company aimed at serving high-net-worth individuals
Who are other prominent individuals mentioned in the article?
Nithin Kamath, Nikhil’s brother and co-founder of Zerodha. Binny Bansal and Sachin Bansal, co-founders of Flipkart. Mukesh Ambani, India’s richest person with a net worth of $116 billion. Gautam Adani, with a net worth of $84 billion, ranked seventeenth on the Forbes Billionaires List 2024