Nikhil Kamath
$3.1B
Born
Sep 05, 1986
Age
39
Source of Wealth
Financial services
Residence
Bangalore,
Citizenship
India
Marital Status
Divorced
Children
0
Education
- 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.
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