Nikhil Kamath is an Indian entrepreneur and YouTuber who was born on September 5, 1986. Nikhil Kamath is a co-founder of the asset management firm True Beacon and the retail stockbroker Zerodha. Kamath appears on Forbes’ list of billionaires for 2023.
Nikhil Kamath Childhood And Schooling
On September 5, 1986, Kamath was born in Shimoga, Karnataka, India. After the tenth grade, Kamath left school, and he never got a diploma.
Nikhil Kamath Career
Kamath began his profession as an equity trader on the side and worked at a contact center. In order to manage high-net-worth individual portfolios in the public markets, Kamath became a sub-broker in 2006 and founded Kamath & Associates, a brokerage firm, with his brother Nithin Kamath.
Read Also – Actress Mannara Chopra Biography, Wiki
In 2010, Kamath and his brother Nithin Kamath co-founded Zerodha. Brokerage services for trading stocks, currencies, and commodities are offered by Zerodha. Kamath launched a low-cost brokerage model with Zerodha, lowering transaction fees and making investing accessible to a wider audience. Additionally, Kamath was a co-founder of True Beacon in 2020, an asset management firm that facilitates ultra-high net worth individuals’ private pooled investment vehicle investments in Indian markets.
Along with Abhijeet Pai, Kamath co-founded Gruhas, a real estate investments and prop tech firm, in 2021. Gruhas uses its proptech-focused fund to invest in companies, incubators, and exceptional situations. Kamath began airing the ‘WTF is’ podcast in March of 2023. Tanmay Bhat, Kiran Mazumdar-Shaw, Suniel Shetty, Ritesh Agarwal, Ronnie Screwvala, and other notable people and business owners have all been hosted by Kamath as of April 2024.
He signed The Giving Pledge in June 2023, pledging to donate 50% of his fortune to humanitarian causes such as health care, education, and climate change.
Charity match on Chess.com
In order to collect money for individuals impacted by the coronavirus pandemic, Kamath took part in an online charity chess tournament versus five-time world champion Viswanathan Anand in June 2021. Kamath used chess engines and analysts to his advantage throughout the tournament to cheat against Anand. Later, Kamath expressed regret and described his actions as “quite silly.” Chess.com, the online platform utilized for the charity game, made the decision to ban his account after the match. With the response, “Chess.com has no reason to uphold anything given its rules and guidelines toward unrated games and exhibition events,” the website promptly restored his account.
About Latturam – latturam.com is a platform to know some facts about nature, history, health, environment and our lifestyle.
Read Also – Actress Meghna Malik Biography, Wiki
Comments