Introduction: Who is Nithin Kamath?
Nithin Kamath is one of the most successful businessmen in India. Along with his brother Nikhil Kamath, he started a company called Zerodha, a discount brokerage firm. It made trading in the stock market in India easy and cheap. Today, Nithin Kamath has become an inspiration to millions of people.
Check fast for the first news of Business & Finance on this WhatsApp channel
Nithin Kamath Net Worth: Story of an Inspiring Entrepreneur
Early life and education of Nithin Kamath
- Nitin was born on 5 October 1979 in Shivamogga city of Karnataka. He belongs to a simple middle-class family. His father worked in a bank and mother is an environmentalist and veena player.
- Nithin studied Electronics and Telecommunications from Bangalore Institute of Technology.
- At the age of just 17, he started trading in the stock market.
Start and success of Zerodha
- In the year 2010, Nitin and Nikhil together started Zerodha. The meaning of this name is – “Zero Obstruction” i.e. “without any obstruction”.
- Zerodha made trading very cheap and easy. Today it has more than 70 lakh customers.
- Zerodha’s valuation has reached 7.7 billion dollars in 2024.
Sources of Nitin Kamath’s income
Nitin’s income comes from Zerodha, but apart from this he has started two more companies:
- True Beacon – This company gives investment advice to rich people.
- Rainmatter – This is a fund that invests money in small fintech startups.
Nitin’s salary is also quite good –
- Basic salary of Rs 4.16 crore
- House allowance of Rs 2 crore
- And other facilities as well.
His way of working
- Nitin’s focus has always been on the satisfaction of his customers.
- He is running the company without much publicity and also answers the customer’s emails himself.
- He kept Zerodha a private company so that there is no external pressure.
Personal life and health
- Nitin’s wife’s name is Seema Patil, who works on diversity and inclusion at Zerodha. They also have a son.
He likes playing guitar, cycling and playing basketball. - He had a mild stroke in January 2024, but now he is completely healthy and has resumed his work.
Zerodha’s contribution to the stock market
- Zerodha launched the Kite platform for stock trading and the Coin platform for mutual funds.
- Apart from this, he also started an education program called Varsity, which gives financial knowledge to people.
- He has also helped companies related to the environment through Rainmatter Climate.
Net worth increase
- Nitin’s net worth was $2.7 billion in 2023, which increased to $4.8 billion by 2024.
- Together with his brother Nikhil, the two have a net worth of $5.5 billion and are among the top 100 richest people in India.
Conclusion
- Nitin Kamath’s story teaches that if there is hard work and right thinking, then any person can achieve great heights.
- He not only made his mark, but also helped millions of Indians move towards financial freedom.
Check fast for the first news of Business & Finance on this WhatsApp channel
Frequently Asked Questions (FAQs)
- What is Nitin Kamath’s net worth?
- About $4.8 billion (about Rs 39,427 crore) in 2025
- When was Zerodha started?
- Zerodha was started by Nitin and Nikhil in the year 2010.
- What are Nithin’s main sources of income?
- His stake in Zerodha, True Beacon and Rainmatter.
- What is his education?
- Engineering degree from Bangalore Institute of Technology.
- Who is his wife?
- Seema Patil, who is a director at Zerodha.
Also Read:
Swara Bhaskar’s net worth: Owner of crores, charges such a huge amount for a film
Tilak Varma Net Worth: Earnings in crores from cricket and journey to a luxurious lifestyle
