Nikhil Kamath is an entrepreneur and co-founder of the asset management firm True Beacon and the retail stockbroker Zerodha.Nithin Kamath Net Worth is $2.7 Billion as per 2024.Kamath appears on Forbes’ list of billionaires for 2023.Kamath began his profession as an equity trader on the side and worked at a contact center.
After serving as a sub-broker, he founded his own brokerage firm. In 2010, he and his brother, who was also a co-founder, founded Zerodha. When he first started out competing with the market players, he faced many challenges. Subsequently, he began seeing rapid growth in the Indian stock market. He has garnered several awards and turned this company into a billion-dollar business.
Nithin Kamath Net Worth
Nithin Kamath Net Worth has an estimated Net Worth of $1.1 Billion as per 2024.He earn a huge amount of money from his profession as a businessman.He is the CEO of Zerodha, a well-known Indian business that offers stock market investment services.
| Name | Nithin Kamath |
| Net Worth | $2.7 Billion |
| Income / Salary | $25 Million + |
| Income Source | Indian businessman |
| Last Update | 2024 |
Nithin Kamath Salary and Income Source
Nithin Kamath earn more then $25 Million as a salary per year.He also rose to prominence and money through his company Zerodha, which specializes in trading and investing. Nithin Kamath’s main source of income is his investment services from the company. He has also made a profitable investment. He earns thousands of dollars every year from his entrepreneurial ventures and has a net worth of Rs 25,600 crore (315 million) in 2023.
Nithin Kamath Net Worth Growth
| Nithin Kamath Net Worth in 2024 | $2.7 Billion |
| Nithin Kamath Net Worth in 2023 | $2.3 Billion |
| Nithin Kamath Net Worth in 2022 | $1.7 Billion |
| Nithin Kamath Net Worth in 2021 | $1 Billion |
| Nithin Kamath Net Worth in 2020 | $95 Million |
Nithin Kamath Net Worth in Rupees
Nithin Kamath Net Worth in Rupees is around 22,166 crores.Nithin and his brother were ranked 42 and 81 respectively, with net worths of Rs 35,300 crore and Rs 23,100 crore.Meanwhile, Zerodha announced a revenue of Rs 6,875 crore and a profit of Rs 2,907 crore for the fiscal year 2022-23 (FY23), reflecting a 38.5 percent and 39 percent increase in revenue and profit, respectively, over the previous year.
Nithin Kamath Career and Achivements
Nithin Kamath began trading at the age of 17, when he took over his father’s trading account. He became interested in trading and investing at an early age while attending school.
He learnt to trade and made a big profit, but ultimately lost money in the 2001 market crisis, forcing him to work in another area. He worked at a call center for four years while trading. He has begun managing client portfolios and has launched his own client management company in collaboration with Reliance Money.
He began as a sub-broker and then started his own brokerage firm. He founded Zerodha with his co-founder and brother in 2010. He had numerous hurdles in his early days of competing with market giants. Later, he experienced huge growth in the Indian stock market. He has made this company a billion-dollar success and received many awards.
He is now well-known in the Indian market, where his Zerodha company is a top trading broker. He had previously worked for a number of brokerage firms before joining Zerodha, which aided him in the establishment of the company.
He accepted the enormous money for Zerodha and has built the platform since 2010. He also has another portion of his business where he offers other services to their customers.
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