Nikhil Kamath is the youngest billionaire - Know who else is on the list

Apr 07, 2024 Anita Santosh

Nikhil Kamath, India’s youngest billionaire, leads the pack with a net worth of $3.1 billion, according to the Forbes Billionaires List 2024.

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[{"selector":"#anim-2bc4b02c-4e2b-46fb-a17d-67ecc4901c5c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Born on September 5, 1986, in Karnataka, he discontinued formal schooling after completing the 10th standard, as reported.

[{"selector":"#anim-08ec554a-4072-47c9-8a76-219bd1546528 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Nithin Kamath, born into a Konkani family in Shivamogga, Karnataka, had a father, U.R. Kamath, who served as an executive at Canara Bank, while his mother, Revathi, taught him to play the vena.

[{"selector":"#anim-ad482d81-132c-42f3-a7c4-2f87f8a14a98 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Nithin and Nikhil Kamath, siblings pictured together, founded the discount brokerage Zerodha in 2010, significantly disrupting India’s brokerage market.

TZerodha boasts over 12 million clients, positioning itself as one of the nation’s largest brokerage firms.

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In June 2023, Nikhil Kamath, the younger of the two brothers, committed to the Giving Pledge.

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[{"selector":"#anim-ed5dee9e-4634-4c61-9f84-442e8831f6d6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Nikhil Kamath’s position on the Forbes list is 1062, boasting a net worth of $3.1 billion. Learn more