From an ordinary student to the visionary founder of the billion-dollar brokerage firm “Zerodha,” Nithin Kamath’s journey is a testament to resilience and commitment. His transformation from an intrigued 17-year-old discovering trading to the driving force behind innovative ideas in the financial sector reflects his determination to bring about change.
8 Lesser Known Facts About Nithin Kamath
- Discovered trading at 17, initiating his investment journey with penny stocks.
- Enjoys leisure time playing guitar and singing with his son, Kiaan.
- Engages in activities like running, swimming, basketball, and poker during free time.
- Shaved his head in 2022 to support his wife during her battle with breast cancer.
- Owns a football jersey signed by Lionel Messi, acquired through auction.
- Sports tattoos, including a Samoan tribal on his left shoulder, a tribal tattoo on his right bicep, and a star tattoo on his right wrist.
- An animal lover who owns a dog named Hobes.
- Prioritizes fitness, dedicating time to regular workouts.
Career Trajectory
Trader and Investor:
- Discovered trading at 17, sparking a passion for becoming a trader and investor.
Proprietary Trader:
- Worked as a proprietary trader during his graduation, gaining valuable experiences.
Sub Broker and Portfolio Advisor:
- Partnered with Kamath Associates, offering portfolio advisory services for six years until 2010.
Owner of Zerodha:
- Founded Zerodha in 2010 with his brother Nikhil Kamath, now India’s largest retail brokerage firm with 10 million clients.
Owner of Rainmatter:
- Established “Rainmatter” in 2011, supporting fintech companies and ventures promoting financial inclusion.
Owner of True Beacon:
- Introduced “True Beacon,” a zero-fee hedge fund for high-net-worth investors.
Personal Details
- Full Name: Nithin Kamath
- Date of Birth: 5th October 1979
- Place of Birth: Shimoga, Karnataka
- Father’s Name: Mr. Raghuram Kamath
- Mother’s Name: Mrs. Revathi Kamath
- Nationality: Indian
- Education: Schooling at a local school in Bangalore; Graduation from Bangalore Institute of Technology, Bengaluru
- Occupation: Entrepreneur, Stockbroker, Investor
- Spouse: Mrs. Seema Patil
- Net Worth: $2.7 billion (as per Forbes)
Awards and Recognitions
- 2014: Emerging Entrepreneur Award by Confederation of Indian Industry
- 2016: Recognized as one of the Top 10 Indian businessmen to watch out for
- 2016: Featured in Forbes 30 under 30, Finance
Face Behind the Evolution of the Financial Sector in India
Nithin Kamath’s relentless efforts over the past decade have been solely focused on promoting financial inclusion. Through ventures like Zerodha, Rainmatter, and True Beacon, he has provided support to both amateur and experienced traders, reshaping the financial sector in India. His story is a testament to the payoff of passion and hard work, showcasing significant contributions to the world of finance and the economy.