Nikhil Kamath is an Indian businessman and investor. He co-founded the stockbroking company Zerodha and the asset management firm True Beacon. He has played a key role in the financial industry through his work as an entrepreneur, stockbroker, and columnist for Financial Express.
Nikhil Kamath Biography
Nikhil Kamath was born on 5 September 1986 in Shimoga, Karnataka. He is currently 37 years old. His education path was different from most people’s. He studied at Oxford Senior Secondary School in Bangalore but dropped out after completing 10th grade and did not pursue any further formal education.
Nikhil’s father Raghuram Kamath worked at Canara Bank and his mother Revathi Kamath was an accomplished veena player. While many of his friends were focusing on their studies, Nikhil was already interested in the stock market.
On April 18, 2019, he married Amanda Puravankara, daughter of Ravi Puravankara, founder of Puravankara Limited. They had a beautiful wedding in Florence, Italy. After the divorce, His personal life attracted media attention, especially his alleged relationship with former Miss World Manushi Chillar.
Recently He was spotted riding a bike with actress Rhea Chakraborty in Mumbai.
He also has a brother named Nithin Kamath, and together they transformed the stock trading industry in India by starting a company called Zerodha, which provides affordable online trading options.
| Details | Information |
|---|---|
| Name | Nikhil Kamath |
| Date of Birth | 5 September 1986 |
| Place of Birth | Shivamogga, Karnataka, India |
| Nationality | Indian |
| Education | Graduate |
| Profession | Columnist, Stockbroker |
| Position | Founder and CEO, Zerodha |
| Net Worth (2024) | $3.07 Billion |
| Father | U.R. Kamath |
| Mother | Revathi |
| Brother | Nithin Kamath |
| Marital Status | Divorced |
| Ex-Wife | Amanda Puravankara |
| Social Media |
Career Journey of Nikhil Kamath
Nikhil Kamath started his career working in a call center and also learned stock trading at the same time. He would work in the call center from 4 pm to 1 am and trade early in the morning. He realized that the most important life lessons come from experiences outside the safety of home.
At the age of 18, He decided to seriously focus on stock trading. His father handed over part of his savings to him and this became his first step as a trader. He successfully managed his father’s money and also convinced his call center manager to invest in stocks.
In 2006, Nikhil and his brother Nithin Kamath started their brokerage firm, Kamath & Associates, to manage portfolios of wealthy clients. In 2010, the brothers together founded Zerodha, a brokerage firm dealing in stocks, currencies, and commodities.
Zerodha introduced a new model that cuts down on commission fees, making it easier for ordinary people to invest in the stock market. In 2020, he co-founded True Beacon, an asset management company that helps very wealthy individuals invest in Indian markets using private investment funds.
In 2021, he also co-founded Grihas, a real estate and tech company that invests in startups and special projects.
In March 2023, he began hosting a podcast called “WTF is”, where he interviewed celebrities and entrepreneurs such as Tanmay Bhat, Kiran Mazumdar-Shaw, Suniel Shetty, and Ritesh Agarwal.
In June 2023, he was committed to donating 50% of his wealth to supporting causes such as climate change, education, and healthcare by signing The Giving Pledge.
Nikhil, along with Ankit Nagori and Prashant Prakash, are the owners of the Bengaluru franchise for the Global e-Cricket Premier League (GEPL) Season 2.
Awards & Achievements
- 2014:
- Emerging Entrepreneur Award by Confederation of Indian Industry (CII).
- Emerging Brokerage Firm of the Year by BSE and Dun & Bradstreet.
- 2015:
- Emerging Brokerage Firm of the Year by BSE and Dun & Bradstreet again.
- 2016:
- Featured in Forbes India 30 Under 30, Finance list.
- 2019:
- Received the Forbes India Leadership Award as the Conscious Capitalist of the Year.
- 2019:
- Retail Brokerage Firm of the Year.
- 2020:
- Zerodha topped the IIFL Wealth Hurun India 40 and Self-Made Rich List.
- 2020:
- Awarded Emerging Leader Award by the Confederation of Indian Industry (ISI).
- 2021:
- Zerodha was awarded the Emerging Brokerage Firm of the Year for both 2014 and 2015.
Networth
Nikhil Kamath’s net worth is around $3.07 billion. As of 2024, Forbes has ranked him at number 1062 in the list of the richest people in the world.
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