Rank #1377
Nikhil Kamath
Net worth $3.1B
Financial services · India
- Born
- Sep 05, 1986
- Age
- 39
- Source
- Financial services
- Residence
- Bangalore
- Citizenship
- India
- Marital status
- Divorced
- Children
- 0
- Education
Net worth over time
Biography
- Nikhil Kamath cofounded discount brokerage Zerodha in 2010 with his older brother Nithin Kamath. It went on to disrupt the brokerage market in India.
- The Bangalore-based Zerodha, has more than seven million active clients, making it one of the largest brokerage firms in the country.
- Their venture capital fund and incubator, called Rainmatter, invests in fintech companies and ventures that promote financial inclusion.
- Their investment management firm True Beacon is aimed at ultra-high net worth investors and operates on a zero-fee model.
- Zerodha revenue took a hit when the stock exchange regulator's tightened rules in November 2024 for futures and options traders. who are the bulk of its customers.
- He became the youngest Indian signatory of the Giving Pledge in 2023 and has committed to give away half his wealth.
- Zerodha combines the word 'zero' with the Sanskrit word 'rodha', which means barrier.
- His Youtube and Spotify podcast, WTF, featured Elon Musk in November 2025.