Nithin Kamath net worth in 2021 is 1.5 Billion Dollars. He is the youngest self-made billionaire in India under 40. Nithin Kamath is the Co-founder and CEO of India’s largest Online Stock Brokerage platform Zerodha, which deals with trade and has daily retail trading turnovers crossing $1 billion. In Today Article, we are going to discuss Nithin Kamath Net Worth, Salary and also will discuss that how this middle-class boy has formed India’s Best Brokerage firm.
Quick Bio | |
Full Name | Nithin Kamath |
Nick Name | Nithin |
Net Worth 2021 | $1.5 Billion Dollar |
Net Worth in Rupees | 111,52 Crore Rupees |
Height in Feet | 5 Feet 10 Inch |
Age | 41 Years Old |
Monthly Salary | 4.71 Crore Rupees |
Nithin Kamath Net Worth:
Nithin Kamath net worth in 2021 is 1.5 Billion US Dollars. Kamath is one of the highest-paid CEO under 40. The net worth of Nithin Kamath depends not only on his Company Zerodha, but he also works as the CEO of Rainmeter. Also, he is a Successful full-time trader from the age of 17 and he has earned millions of Rupees through trading.
Nikhil Kamath and Nikhil Kamath are the highest-paid Cofounders in the Indian startup system each with a yearly remuneration of Rs 100 crores. If we talk about Zerodha Nithin Kamath salary per month is estimated to be 4.17 crores. He along with his wife Seema Patel and brother Nikhil Kamath, the trio will be getting an annual compensation of Rs 300 crores.
Nithin Kamath Net Worth 2021:
Real Name | Nithin Kamath |
Nithin Kamath Net Worth | 1.5 Billion Dollars |
Nithin Kamath Net Worth in Rupees | 111,52 Crore Rupees |
Nithin Kamath Salary Per Month | 4.71 Core Rupees |
Nithin Kamath Income (Yearly) | 100 Crore + |
Nithin Kamath Wife | Seema Patel |
Nithin Kamath Height | 177 cm |
Nithin Kamath Age | 41 Years |
Physical Appearance (Nithin Kamath Age):
Age | 41 Years |
Height in cm | 177 cm |
Height in Feet | 5 Feet 10 Inch |
Weight in Kg | 62 Kg |
Chest Size | 42 Inches |
Waist Size | 30 Inches |
Biceps Size | 16 Inches |
Nithin Kamath Biography:
Nithin Kamath was born on 5th Oct 1979 in a middle-class family. His father UR. Kamath was working for Canara Bank and her mother Revathi teaches Veena to women. Nithin Kamath started at an early age by following his father’s profession, traveled across India. In 1996 he completed his secondary and college in Bangalore.
Nithin Kamath graduated from Bangalore Institute of Technology specialized in Electronics Telecommunications. While he was in college, his Marwari friends suggest he invest in Stock Market. So he started trading from the early age of 17 with his father trading accounts.
Nithin Kamath came across many ups and downs but he stood like a rock and refuses to give up and was always ready to start from scratch. He has a great interest in reading books and he is also a big fan of music and sports which he plays in his leisure time which keeps his mind smooth. Nithin Kamath is a successful entrepreneur and a role model for India.
Nithin Kamath Career:
At the age of 17, he started trading by handling his father’s trading account while pursuing his studies in college. From 1997 to 2004 he was self-employed as a property trader while his brother was also there with him.
As he got him the first bit of money from trading he got more interested in it and earned 4 lakhs in trading while being in college and losing the entire money in a chance but he never gives up and started working in a Call center at night on a monthly pay of 8000 for 3 years for his trading capital.
One day in a gym he met with a person who was interested in Stock Market So he asked Nithin that what do you do for a living then he showed his trading account and he was shocked and offered him to manage his trading accounts too.
Nithin got his first Client and he left his call center job. After that, he kept working hard on his passion, and in just of few months, he got 10 Clients. But managing 10 Clients was a headache for him. So he decided to join Reliance Money as Sub Broker and after that, he found so many loopholes in that Company.
Before Starting Zerodha he has worked with 12 Brokerage Firm but all of them were working on Old School methodology. Also, the Site structure was also not so user friendly that’ why new users feel hesitant to invest in Stock Market.
Nithin also runs a Blog in the investment niche and also he asks his reader what problem that they are facing with their brokerage firm. Most of the people answered that all of their brokerage firms have high transaction fees, even when they are trading on high volume.
Personal Information:
Real Name | Nithin Kamath |
Nick Name | Nithin |
Date of Birth |
1979
|
Height in Feet | 5 Feet 10 Inch |
Net Worth 2021 | 1.5 Billion Million Dollars |
Net Worth in Rupees | 111,52 Crore Rupees |
Annual Income | 100 Crore + |
Age | 41 Years |
Profession | Businessman |
Wife | Seema Patel |
Website | https://nithinkamath.me/blog/ |
Mobile Number | +91-92112299XX |
Start of Zerodha:
Nithin here found an opportunity here that they can reduce the transaction fees by not providing the feature of recommendation of Stocks to buy. Most brokerage firms provide recommendation features to users to buy the stocks which are researched by their experts. Here Zerodha came into the market by putting the Expert’s salary to reduce the transaction fees.
Nithin and his younger brother Nikhil founded Zerodha in August 2010, Zerodha is a Sanskrit word, Zero means Sifar and Rodha means No barriers. Zerodha is a brokerage firm that was making people aware of the stock market catalyst change and it grew massively.
This distinctive pricing model and in-house technology have made Zerodha the biggest stockbroker in India, in terms of active retail clients, it has over 22 lakhs active users and three million active users every day.
The Zerodha company also launched a learning module, “Varisty” to educate the young investors, investing for the first time. He also introduced Rainmetter is financial technology start-up fund and incubator in 2015, the paid-up capital for this new venture is Rs 10 lakh.
Nithin with his growth mindset also founded an investment management firm with his brother, an ultra-high net worth investor, and operates on a zero-free model.
Nithin Kamath is also the founder of Rainmatter, A fintech company along with his brother Nikhil Kamath expanding their Brokerage firm. Rainmatter is a finance platform for startup funds and incubators.
Moreover, Nithin Kamath also owns an investment management firm “True Beacon” an advisory for portfolios and tailored programs and a service market for strategic investors.
Nithin Kamath Age:
Nithin Kamath Age is 41 years old. At the age of 17, he started trading by handling his father’s trading account. Till the age of 22, he was doing great in trading but due to the market crash in 2001, he lost his capital and even went for a call center job to earn some capital to bounce back in the Stock Market.
At the age of 31, he founded Zerodha and the rest is history he has made his company India’s top Brokerage firm in term of Volume.
Nithin Kamath Awards:
Emerging Entrepreneur Award | 2014 |
Emerging Brokerage Firm of the Year | 2014 |
Emerging Brokerage Firm of the Year | 2015 |
Forbes 30 Under 30 | 2016 |
Startup of the Year | 2019 |
IIFL Wealth Hurun India | 2019 |
Nithin Kamath Family:
Nithin Kamath was born on 5 October 1979 in konkani family in Shimoga, Karataka, India. His father UR. Kamath was an executive with the Canara Bank and his mother, Revathi is a teacher of musical instrument Veena.
Nithin has a younger brother Nithin Kamath who stands side by side with his brother in their trading business.
Nithin has married Seema Patel and they first met each other in a call center where Nithin works. This Cute couple has a Son name Kiaan.
Full Name | Nithin Kamath |
Father Name | UR. Kamath |
Mother Name | Revathi Kamath |
Brother | Nikhil Kamath |
Son | Kiaan Kamath |
Daughter | Nil |
Wife | Seema Patel |
Religion | Hinduism |
Caste | Gujarati |
Nithin Kamath Net Worth in Rupees:
Nithin Kamath Net Worth in Rupees in 2021 is 111,52 Crore Rupees. According to the report, Nithin Kamath holds 40% Shares of Zerodha. As he has been working from 17 Yeras old, he has invested his lots of money into the Stock Market and to invest in Stock Market he collects a Capital by doing a job in a Call Center for over 3 Years. In 2021, Nithin Kamath Net Worth has raised up to 32% Every year.
Nithin Kamath Net Worth Growth(2017-21):
Net Worth in 2021 | 1.5 Billion Dollar |
Net Worth in 2020 | 1.1 Billion Dollar |
Net Worth in 2019 | 812 Million Dollar |
Net Worth in 2018 | 456 Million Dollar |
Net Worth in 2017 | 132 Million Dollar |
Favorite Things:
Favorite Cricketer | Suresh Raina |
Favorite Actor | Shahrukh Khan |
Favorite Actress | Deepika Padukone |
Favorite Singer (Male) | Sidhu Moose Wala |
Favorite Singer (Female) | Neha Kakkar |
Favorite Personality | Byju Raveendran |
Favorite Youtuber | Ashish Chanchlani |
Favorite Investor | Vijay Kedia |
Favorite Food | Tikka, Bihari Boti |
Favorite Place | London |
Nithin Kamath is one of the biggest names in the history of Indian Startup culture who has made a unicorn company in just a few years. Today We discussed Nithin Kamath Net Worth, Salary. If you like the article please show your love by sharing our content on your different social media platforms.