Nikhil kamath net worth

New Delhi:Nikhil Kamath, a co-founder of Zerodha, has joined The Giving Pledge, an initiative started by Bill Gates, Melinda French Gates, and Warren Buffett in 2010. Through this initiative, the world's wealthiest families and individuals pledge to donate the majority of their money to philanthropic organisations. After Azim Premji, Kiran Mazumdar-Shaw, Rohini, and Nandan Nilekani, Nikhil Kamath is the fourth Indian to join the community. "As a new philanthropist, I'm writing to thank you and pledge to take the Giving Pledge. Despite my advanced age, I'm dedicated to making a positive difference in the world, and I think the foundation's goal of fostering social justice is in line with my moral principles and objectives, said Kamath. Starting Journey Of Zerodha's Founder Nikhil Kamath According to Nikhil Kamath's biography, he began working full-time at the age of 17, and the stock markets have played a significant role in his career. He has worked in this field for 18 to 19 years. He claims that investing is his primary area of competence, and he spends the majority of his time considering investments in both public and private markets. How And When Was Zerodha Founded? In addition to Gruhas for private investments, the hedge fund True Beacon that oversees capital for India's ultra-high net worth individuals, the fintech incubator Rainmatter, and the Rainmatter Foundation that supports organisations working to combat climate change, he founded Zerodha in 2010. The Giving...

Zerodha co-founder Nikhil Kamath is comfortably perched at the top in the recently released IIFL Wealth Hurun India 40 and under Self-Made Rich List 2022. With a net worth of Rs 17,500 crore, the school dropout turned billionaire is far ahead of the pack with Rs 5,800 crore more than Ola Electric’s Bhavish Aggarwal who is at the second place with Rs 11,700 crore net worth. Nikhil Kamath became the youngest Indian billionaire at the age of just 34 in 2021. His story is one that inspires millions of youngsters to believe in big dreams and have the fortitude to accomplish them. Who is Nikhil Kamath? The astute billionaire investor dropped out of school at just 14 years old because he wasn’t allowed to appear for board exams due to low attendance. This upset his parents and Nikhil had no idea what to do with life, finding the times a bit “unnerving”. Nikhil began his career at a call centre with a meagre pay of Rs 8,000. He was 17 when he got the job. Not an adult at the time, Nikhil reportedly had to get a fake birth certificate. While he wasn’t keen on formal education, While there was no college degree to support him in his career, Nikhil knew that he had to do something that did not need one. His first business venture was buying and selling used phones at the age of 14, but the business met a sudden end after his mother found out about it. He began trading in stocks at the age of 18, which became a turning point in his life. In 2010, Nikhil and his brother Nitin Kamath fo...

If you are into stock broking at all, then you must be aware of Zerodha. The company was co-founded by two brothers — Nikhil Kamath and Nithin Kamath in 2010. Being India’s biggest stock broker company, the business has often put the two brothers in the limelight. So much so that both Nikhil Kamath and Nithin Kamath enjoy a whopping net worth. Nikhil Kamath, being the younger of the two, has had an inspirational journey so far. He made it to the top of the Hurun Self-Made Rich List 2022 last year as well after he became a Nikhil Kamath is a self-made billionaire with a whopping net worth Nikhil Kamath heads the financial planning department at Zerodha. By the age of 14, he was already running a small business of buying and selling used phones. When his mother and school disagreed with the arrangement, he decided to quit school. Kamath did not even appear for the Class 10 board exams and decided to leave his home. This was just the beginning of an amazing journey. How Nikhil Kamath established Zerodha At the age of 17, he started working at a call centre. He used to earn INR 8000 for a 9-hour shift. He learnt about trading while working there and decided to give it a try. While his family never supported him, Kamath’s father had faith in him. He invested his saving in trading and helped Nikhil learn more about it. Back at the call centre, he used to help his colleague with investing money while they marked him present on the job. A few years later in 2010, he launched Zerod...

Bengaluru: Online brokerage firm Zerodha’s cofounder Nikhil Kamath, at age 35, has become the youngest Indian signatory to the Giving Pledge, a movement of philanthropists founded by Warren Buffett, Melinda French Gates, and Bill Gates in 2010. He is the only Indian philanthropist in the list this year. “As a young philanthropist, I am writing to express my gratitude whilst joining the Giving Pledge. Despite my age, I am committed to positively impacting the world and believe that the foundation’s mission of creating a more equitable society aligns with my values and aspirations,” Kamath said in his pledge letter. Kamath is one of India’s youngest billionaires and Forbes estimates showed his net worth to be $3.4 billion. He is also the founder of asset management company True Beacon. In addition, he has his own foundation -- Young Indian Philanthropic Pledge -- that works with Indian entrepreneurs to donate to charitable causes. Kamath started equity trading at the age of 17, and went on to co-found Zerodha with his brother Nithin in 2010. With 241 philanthropists from 29 countries, Giving Pledge obliges signatories to donate a majority of their wealth to charitable causes, and aims to catalyse a movement that will encourage people to give more, establish their giving plans sooner.

Nikhil Kamath is India's youngest billionaire with a net worth of $3.45 billion. He along with his elder brother Nithin Kamath started Zerodha in 2010. Zerodha is a Fintech company which deals with the stock market. Kamath has no formal education and is a school dropout. Nikhil Kamath and his elder brother Nithin Kamath reportedly earn a salary package of Rs 100 crore each. Nikhil started selling phones at the age of 14 which made her mother really angry and she flushed all the phones in the toilet. The school management was also quite unhappy over Kamath's lack of interest in academics. The school did not allow him to appear for the class 10th Board exam. Following that Kamath dropped out of the school. The Zerodha founder started his professional career by working at a call centre where he was getting a salary of Rs 8,000 per month. Soon. he left his parents' house to move in with his girlfriend. Kamath believes one must get out of the shadow of one's family to get a real picture of life. Kamath, in an interview with Humans of Bombay, said,"I worked from 4 PM to 1 AM at the call centre, and in the mornings, I tried my hand at trading. I learnt a lot; when you move away from the family ecosystem and the judgement of relatives, you get down to the real stuff."

In March, Nikhil Kamath and his brother Nithin met Bill Gates for breakfast during his India trip. On his Twitter account, Nikhil posted a photo of the Kamath brothers standing with the co-founder of Microsoft and said, “Breakfast with the man who knows everything about everything.” Nikhil Kamath meets Bill Gates

• • • • How Zerodha's young founders, Nithin and Nikhil Kamath, made their way to the Rich List How Zerodha's young founders, Nithin and Nikhil Kamath, made their way to the Rich List Powered by the broking platform, brothers Nithin and Nikhil Kamath are the Forbes India Rich List's youngest new entrants After studying law I vectored towards journalism by accident and it's the only job I've done since. It's a job that has taken me on a private jet to Jaisalmer - where I wrote India's first feature on fractional ownership of business jets - to the badlands of west UP where India's sugar economy is inextricably now tied to politics. I'm a big fan of new business models and crafty entrepreneurs. Fortunately for me, there are plenty of those in Asia at the moment. (Left to right) Brothers Nithin and Nikhil Kamath had been active traders for a decade before they founded Zerodha Image: Nishant Ratnakar for Forbes India A decade ago, high brokerage charges were a bugbear for active traders in the market. They were priced on the value of the trade. For those with heavy daily volumes, these charges added up. Yet, if one looked at the broker end of the transaction, the work they needed to do was the same irrespective of the size of the trade. With physical order slips giving way to computers all that was needed were programmes to run the trade. The size of the trade by an individual client didn’t matter and the incremental cost for the broker due to new clients was marginal. Trading...

Nikhil Kamath, co-founder of Zerodha and a billionaire, has signed up as India's youngest pledger for "The Giving Pledge," an initiative started by famous investors Warren Buffet and Bill Gates. He also takes the pledge as the fourth Indian, following Azim Premji, Kiran Mazumdar-Shaw, Rohini, and Nandan Nilekani. A large portion of the financial resources of the members of this charitable foundation is donated to nonprofit organisations. Kamath intends to support causes like climate change, energy, education, and health with his estimated $1.1 billion ( Rs 90,69,00,50,000) net worth, according to Forbes. In addition, the 34-year-old's own foundation, Young Indian Philanthropic Pledge (YIPP), works with entrepreneurs to donate at least 50% of their net worth to charitable causes. "As a young philanthropist, I am writing to express my gratitude whilst joining the Giving Pledge. Despite my age, I am committed to positively impacting the world and believe that the foundation's mission of creating a more equitable society aligns with my values and aspirations," according to Nikhil Kamath's letter of commitment. READ |Meet Arjun Deshpande, Ratan Tata-backed founder of Rs 500 crore firm who helped Odisha crash victims "The Giving Pledge offers a great platform to learn, exchange ideas, and work collaboratively to address some of the world's most pressing challenges. I look forward to engaging with the Giving Pledge community and exploring new ways to create positive change.” Nikh...