Zerodha Net Worth: Insights into Nikhil Kamath's Business Ventures and Lifestyle

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Nikhil Kamath's entrepreneurial journey began in 2008 when he co-founded Zerodha, a discount brokerage firm that aimed to revolutionize the way Indians traded stocks.

Zerodha's innovative approach to trading, including its flat fee structure and user-friendly interface, quickly gained popularity among Indian traders.

Today, Zerodha is one of India's largest stockbrokers, with over 5 million clients and a market share of over 15%.

The company's success can be attributed to Nikhil's vision of making trading accessible to everyone, regardless of their background or financial status.

Net Worth

Nithin Kamath's net worth is a staggering US $2.7 billion, according to Forbes.

This impressive figure is the result of his hard work and determination, as he had to overcome struggles to reach this status.

Nithin Kamath earns a basic salary of INR 4.16 crore every month, which is a significant amount of money.

He also receives an additional INR 2 crores as house rent allowance, INR 1.6 crores as other perquisites, and INR 41 lakhs as other allowances.

This means that his monthly earnings are substantial, making a huge contribution to his overall net worth.

Performance-based incentives and variable pay are also part of his compensation package, further increasing his earnings.

Zerodha

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Zerodha has experienced substantial growth since its inception, valuing itself at approximately ₹30,000 crore (around $3.6 billion) as of today.

Zerodha's valuation stands at approximately ₹30,000 crore (around $3.6 billion) as of 2025, indicating a consistent growth trajectory for the company.

Zerodha

Zerodha has experienced substantial growth since its inception, valuing itself at approximately ₹30,000 crore (around $3.6 billion) as of today.

The company was co-founded by Nikhil Kamath, who has played a crucial role in its success.

Zerodha's valuation stands at approximately ₹30,000 crore (around $3.6 billion) as of 2025.

This valuation is a testament to the company's commitment to innovation and customer satisfaction.

Trading

Nikhil Kamath's background in trading is impressive, starting at 17 years old with a salary of Rs 8,000 per month.

He was already trading in stocks back then, showing a keen interest in the market.

Trading became his passion, and he's now considered India's best trader and stockbroker.

Nikhil's trading skills helped pay the salaries of Zerodha's employees during its early stages.

He used to make huge profits through trading and invested some of the money back in his start-up.

Humble Beginnings and Business Ventures

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Nithin Kamath started trading stocks at just 17 years old, after being introduced to the stock market by his friends. He began by trading in penny stocks and had saved a significant amount of money by the time he finished his engineering degree from Bangalore Institute of Technology.

However, he lost all his money when the markets crashed during 2001-02. This setback didn't deter him, and he took up a night job at a call centre for a monthly salary of INR 8,000 to pay off his debt.

Nithin worked at the call centre for four years, during which time he rebuilt his trading capital from scratch. It was in 2006 that he started his own brokerage firm, Kamath & Associates, and became a sub-broker for Reliance Money.

Humble Beginnings

Nithin Kamath started trading stocks at 17, after being introduced to the stock market by his friends. He began by trading in penny stocks.

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By the time he finished his engineering degree from Bangalore Institute of Technology, he had saved up quite a bit of money. He lost all his money when the markets crashed during 2001-02.

He took up a night job at a call centre for a monthly salary of INR 8,000 and worked there for four years to pay off all his debt. This shows that even in failure, one can learn and come back stronger.

In 2006, Kamath met an American man who gave him the responsibility of managing his money. This marked a turning point in his career, leading him to start his own brokerage firm.

Business Ventures

Nikhil Kamath's business ventures are a testament to his entrepreneurial spirit and innovative thinking. He co-founded Zerodha, a stockbroker and financial services company, in 2010 with his brother Nithin.

Zerodha quickly disrupted the market and became one of the largest brokerage firms in India with 10 million clients. It's currently valued at over USD 2 billion.

Currencies and finance. Stock exchange. Calculator on the table
Credit: pexels.com, Currencies and finance. Stock exchange. Calculator on the table

In 2021, Kamath co-founded Gruhas, a real estate investments and prop tech company. This venture marks his entry into the real estate sector.

Kamath's wealth was built by co-founding Zerodha and True Beacon, an asset management company for high net worth individuals. He has also invested in various stocks, real estate, and startups.

Nikhil Kamath's business ventures have earned him a spot on the 'IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2022' with a net worth of Rs 17,500 crore.

Frequently Asked Questions

What is the net profit of Zerodha?

Zerodha's net profit for the financial year 2023-24 is Rs 4,700 crore, a 61.5% increase from the previous year. This significant jump in profit is a testament to the company's growing success in the discount stock brokerage market.

Who owns the majority of Zerodha?

The majority of Zerodha is owned by two brothers, Nithin and Nikhil, with a roughly 60%-40% split between them.

Danielle Hamill

Senior Writer

Danielle Hamill is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in finance, she brings a unique perspective to her writing, tackling complex topics with clarity and precision. Her work has been featured in various publications, covering a range of topics including cryptocurrency regulatory alerts.

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