Nikhil Kamath

$3.12 B

Ranked #1317 in World

About Nikhil Kamath

Nikhil Kamath, a distinguished Indian entrepreneur born on September 5, 1986, in Udupi, Karnataka, circumvented traditional education by dropping out after 10th grade to embrace a career in equity trading. Co-founding Zerodha in 2010 alongside his brother Nithin Kamath, Kamath revolutionized the brokerage industry with a discount model. Further expanding his portfolio, he established True Beacon in 2020, catering to ultra-high-net-worth individuals, and Gruhas in 2021, focusing on real estate investments. Despite a controversy involving a charity chess match against Viswanathan Anand in 2021, for which he expressed regret, Kamath remains committed to donating 50% of his wealth to philanthropic efforts through The Giving Pledge, underscoring his multifaceted impact on finance and philanthropy.

Born

September 05, 1986 in Udupi, Karnataka

Age

39 years

Source Of Wealth

Financial Services

Industries

Finance & Investments

Citizenship

India

Residence

Bangalore

Nikhil Kamath, an Indian entrepreneur and co-founder of Zerodha, True Beacon, and Gruhas, was born on September 5, 1986, in Udupi, Karnataka, India. He had an unconventional educational journey, choosing to drop out of school after completing the 10th grade. Despite lacking a formal degree, Kamath's passion for entrepreneurship and finance would shape his remarkable career.

Nikhil Kamath: Family

Nikhil Kamath comes from a supportive family. His brother, Nithin Kamath, is also an entrepreneur and co-founder of Zerodha. Together, they have built a successful business empire in the financial technology industry.

Nikhil Kamath: Career Highlights

Nikhil Kamath's career trajectory is marked by several notable milestones. He started his journey in the financial world by working at a call center while simultaneously engaging in equity trading. In 2006, he became a sub-broker and went on to establish the brokerage firm Kamath & Associates with his brother Nithin. Their entrepreneurial spirit led them to co-found Zerodha in 2010, introducing a disruptive discount brokerage model that significantly reduced transaction commissions. This innovation revolutionized the Indian stockbroking industry, making investing more accessible to retail investors.

In 2020, Kamath co-founded True Beacon, an asset management company catering to ultra-high-net individuals. His entrepreneurial ventures continued with the establishment of Gruhas in 2021, a real estate investments and prop tech company.

Nikhil Kamath: Companies

Nikhil Kamath is associated with several successful companies. He co-founded Zerodha, a leading online stockbroking platform in India. True Beacon, an asset management company, and Gruhas, a real estate investments and prop tech company, are also among his entrepreneurial endeavors.

Nikhil Kamath: Major Achievements

Nikhil Kamath's major achievements include revolutionizing the Indian stockbroking industry through Zerodha's discount brokerage model. He has also made significant contributions to the fintech sector and has been recognized for his innovative approach to financial services.

Nikhil Kamath: Awards & Achievements

Nikhil Kamath has received numerous awards and accolades for his entrepreneurial success.

He was recognized as the "Entrepreneur of the Year" by the Economic Times in 2016 and was also featured in the Forbes "30 Under 30" list in 2017.

Nikhil Kamath: Personal Life & Legacy

Nikhil Kamath is known for his philanthropic endeavors. He has pledged to donate 50% of his wealth to charitable causes through The Giving Pledge, a global initiative that encourages wealthy individuals to commit to philanthropy.

Nikhil Kamath: Trivia

In 2021, Nikhil Kamath participated in an online charity chess match against the legendary Indian chess player Viswanathan Anand. However, he faced controversy when it was revealed that he had cheated by using chess analysts and engines during the match. Kamath later apologized for his actions, and his account on Chess.com was temporarily banned but subsequently restored within 24 hours.

Wealth History

Timeline

September 5, 1986

Nikhil Kamath was born in Udupi, Karnataka, India.

2006

Nikhil Kamath became a sub-broker and started the brokerage firm Kamath & Associates with his brother Nithin Kamath.

2010

Nikhil Kamath co-founded Zerodha, introducing the discount brokerage model and reducing transaction commissions.

2020

Nikhil Kamath co-founded True Beacon, an asset management company for ultra-high-net individuals.

2021

Nikhil Kamath co-founded Gruhas, a real estate investments and prop tech company.

2021

Nikhil Kamath participated in an online charity chess match against Viswanathan Anand.

2021

Nikhil Kamath was caught cheating by using chess analysts and engines during the charity chess match and later apologized.

2021

Chess.com banned Nikhil Kamath's account but restored it within 24 hours.

Nikhil Kamath : FAQs

What is Nikhil Kamath's current net worth?

Nikhil Kamath's current net worth is $3.12 billion.

What is Nikhil Kamath's current global rank among billionaires?

Nikhil Kamath holds the 1317th position globally among billionaires.

What is Nikhil Kamath's current ranking within the India?

Nikhil Kamath holds the 69th position in India.

What was the change in Nikhil Kamath's net worth compared to the previous year?

Nikhil Kamath's net worth decreased by 174.25 million dollars compared to the previous year 2025, when his net worth was 3.30 billion dollars.

What are Nikhil Kamath's main sources of wealth?

Nikhil Kamath's main source of income comes from Financial Services.

In which industry does Nikhil Kamath primarily operate?

Nikhil Kamath is primarily involved in the Finance & Investments industry.

How old is Nikhil Kamath?

Nikhil Kamath is 39 years old.

Who is Nikhil Kamath and What Companies Did He Co-found?

Nikhil Kamath is an Indian entrepreneur known for co-founding Zerodha, a leading discount brokerage, True Beacon, an asset management company for ultra-high-net individuals, and Gruhas, a real estate investments and prop tech company.

What is the Early Life and Education Background of Nikhil Kamath?

Nikhil Kamath was born on September 5, 1986, in Udupi, Karnataka, India. He dropped out of school after the 10th grade and has no formal degree, paving his own path in the business world.

How Did Nikhil Kamath Start His Career in the Financial Sector?

Nikhil Kamath began his career at a call center, simultaneously engaging in equity trading. He became a sub-broker in 2006 and started his own brokerage firm, Kamath & Associates, with his brother Nithin Kamath, before co-founding Zerodha in 2010.

What Philanthropic Commitment Has Nikhil Kamath Made?

Nikhil Kamath has committed to donating 50% of his wealth to charitable causes through The Giving Pledge, showcasing his dedication to philanthropy.

What Controversy Did Nikhil Kamath Face During a Charity Chess Match?

In 2021, Nikhil Kamath participated in an online charity chess match against Viswanathan Anand and faced controversy for cheating by using chess analysts and engines. He later apologized, and although his Chess.com account was banned, it was restored within 24 hours.