Who is Nithin Kamath ?
Nithin Kamath is the Co-founder and Chief Executive Officer (CEO) of Zerodha, the largest stock brokerage firm in India, headquartered in Bangalore, Karnataka. He is an Indian entrepreneur, stockbroker, and columnist for The Financial Express. Nithin gained recognition in the financial industry for his pioneering work in discount broking, which led to Zerodha’s success.
Wiki/Overview
Full Name | Nithin Kamath |
Nickname | N/A |
Profession | Entrepreneur, Stockbroker, Columnist |
Date of Birth | 5th October, 1979 |
Place of Birth | Shivamogga, Karnataka, India |
Age (as of 2024) | 45 |
Father | U R Kamath |
Mother | Revati Kamath |
Spouse | Seema Patil |
Education | Bachelor’s in Engineering |
Alma Mater | |
Organization | Zerodha |
Known for | Nithin Kamath is the Co-founder and Chief Executive Officer (CEO) of Zerodha, the largest stock brokerage firm in India |
Residence | Bangalore |
Nationality | Indian |
Religion | Hinduism |
Hair Colour | Black |
Height | 5’11” |
Weight | N/A |
Eye Colour | Black |
Zodiac Sign | Libra |
Early life
Nithin was born in Shivamogga, Karnataka, India, to a Konkani family. His father, U.R. Kamath, was employed as one of the executives of Canara Bank. His mother, Revati, taught him to play the musical instrument, the veena.
Career
At the age of 17, Nithin began managing his father’s trading account, which allowed him to gain practical experience in the financial markets while still pursuing his studies. While in college, Nithin became a self-employed proprietary trader from January 1997 to January 2004. This period allowed him to further refine his trading skills and gain a deeper understanding of market dynamics. Due to a lack of trading capital, Nithin worked at a call center for three years. He traded during the day and worked as a Senior Telesales Executive in a call center-focused company from January 2001 to June 2004.
Nithin began his professional career as a sub-broker, partnering with Kamath Associates, which operated as a franchisee of Reliance Money. During this time (January 2004 to January 2010), he provided portfolio advisory services and engaged in proprietary trading. In late 2010, Nithin Kamath, together with his younger brother Nikhil, founded their own stock brokerage firm, Zerodha. This marked the beginning of their entrepreneurial journey, aimed at revolutionizing the brokerage industry in India through the introduction of discount broking and innovative trading technologies. Nithin Kamath’s experiences as a trader, work in a call center, and his tenure as a sub-broker provided him with valuable insights and paved the way for the establishment of Zerodha, which has become one of the largest retail stock brokerage firms in India.
Education
Nithin Kamath’s education journey began during his childhood when he travelled across India while accompanying his father’s profession. Eventually, he settled in Bangalore in 1996, where he completed his secondary education and college studies. Nithin Kamath’s formal education culminated with his graduation from Bangalore Institute of Technology, where he specialized in Electronics and Telecommunications. His academic background in this field likely contributed to his technical expertise and understanding of the evolving financial technology landscape.
Family and Affairs
Nithin Kamath’s wife is Seema Patil; they both got married in 2008. The couple was also blessed with a son named Kiaan.
Appearance
He is very handsome and has black coloured hairs and black coloured eyes. He has height of 5’11 inches.
Achievements
Emerging Entrepreneur Award (2014) –
Conferred by the Confederation of Indian Industry (CII) in recognition of Nithin Kamath’s entrepreneurial accomplishments.
Emerging Brokerage Firm of the Year (2014) –
Awarded by BSE and Dun & Bradstreet, acknowledging Zerodha’s emergence as a prominent brokerage firm.
Emerging Brokerage Firm of the Year (2015) –
Recognized by BSE and Dun & Bradstreet, highlighting Zerodha’s continued growth and success in the brokerage industry.
Featured Among Top 10 Indian Businessmen to Watch Out for in 2016 –
The Economic Times included Nithin Kamath in this prestigious list during their annual business review, recognizing his influential role in the industry.
Forbes India 30 under 30, Finance (2016) –
Ranked by Forbes India in their prestigious list of young achievers, specifically in the finance category.
Start-up of the Year (Bootstrap) 2016 –
Awarded by The Economic Times, acknowledging Zerodha’s successful establishment and growth as a bootstrapped start-up.
IIFL Wealth Hurun India 40 and Under Self-Made Rich List 2020 –
Zerodha secured the top position in this list, highlighting the financial success of Nithin Kamath and the company’s achievements.
Money Factor
Net Worth | $ 2.7 billion |
Salary / Income | N/A |
Trivia & Fact
•Nithin Kamath is known to have acquired a football jersey signed by the legendary footballer Lionel Messi at an auction, showcasing his appreciation for sports and collectibles.
•Nithin enjoys various physical activities, such as running, cycling, and swimming, which contribute to his active and healthy lifestyle. Additionally, he has a penchant for playing the guitar, showcasing his passion for music.
•Nithin Kamath has drawn inspiration from notable Indian businessman Azim Premji, appreciating his accomplishments and perhaps incorporating some of his principles Into his own entrepreneurial journey.
•Nithin Kamath is an avid reader, and one of his favourite books is “Market Wizards” by Jack Schwager, indicating his interest in investment and financial literature.
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