Nikhil Kamath is India's youngest billionaire. Let's know about his career, education, and net worth.See who else is on Forbes' 2024 list – Lifestyle News

Nikhil Kamath, India's youngest billionaire, leads the pack with a net worth of $3.1 billion, according to the Forbes Richest People 2024. Besides him, his brother and Zerodha co-founder Nithin Kamath, Flipkart co-founders Sachin Bansal and Binny Bansal also emerged as the country's youngest billionaires.

While 37-year-old Nikhil Kamath tops the list, Mukesh Ambani stay in indiaThe richest individual with a net worth of $116 billion.Gautam Adani follows. His net worth is $84 billion, ranking him 17th on the list.

Nikhil Kamath's educational background

Born September 5, 1986 in Karnatakaas reported, he discontinued formal schooling after completing his 10th standard.

Nikhil Kamath family

Nithin Kamath was born into a Konkani family in Shivamogga, Karnataka, and his father was Ulu Kamath, an executive with Canara Bank.Meanwhile, his mother Revati taught him to play the veena.

Nikhil Kamath's Journey

Brothers Nithin Kamath and Nikhil Kamath, pictured together, created discount brokerage firm Zerodha in 2010, disrupting India's brokerage market. Zerodha boasts of over 12 million customers and has established itself as one of the largest brokerages in the country. Their initiative, Rainmatter, is a venture capital fund and incubator focused on investing in fintech companies and working to advance financial inclusion. Their investment management company, True Beacon, targets ultra-high-net-worth investors and operates on a zero-commission model. In June 2023, Nikhil Kamath, the younger of the two brothers, made a pledge of giving.

others on the list

Nikhil Kamath's ranking on the Forbes list is 1062nd with a net worth of $3.1 billion.vinyl Bansal, 41, follows him at 2,152nd place with a net worth of $1.4 billion, while Sachin Bansal is a close second with a net worth of 2,410th place. He has a net worth of $3.5 billion and an overall ranking of 920th. Ravi Modi, 47, of Vedant Fashions follows with a net worth of $2.6 billion.