Nikhil Kamath’s Net Worth, Salary & Income

What is the net worth of Nikhil Kamath?

The current estimated net worth of Nikhil Kamath is $3.1 billion, which makes him India’s youngest self-made billionaire and successful entrepreneur. His wealth reached its peak in 2023 when Zerodha, a stock brokerage firm in India, which he co-founded alongside his brother Nithin Kamath, became the largest brokerage firm in India. Zerodha has more than 10 million clients, which makes Nikhil Kamath India’s youngest billionaire.

Besides Zerodha, there are many other income sources that have significantly contributed to the wealth of Nikhil Kamath and made him one of the richest people in India under the age of 40. 

Nikhil is an inspiration for many, including me. People in the trading and stock market industries admire him and look up to him. 

So, if you want to know more about Nikhil Kamath, keep sticking around this blog post. 

Nikhil Kamath Salary and Income Sources

1. Trading

Nikhil Kamath’s first and foremost income source is trading. He is a god-gifted trader and is recognized by many professionals in the stock marketing and trading community. He started trading in the stock market at the young age of 17, when he first got a job at a call center. Back then, his salary was Rs 8,000 per month, and he started trading in stocks. 

Later on, he took trading seriously, and it became his passion. Today, he is considered India’s best trader and stockbroker. In fact, when Zerodha was in the beginning stages, Nikhil’s trading skills helped pay the salaries of the employees working at Zerodha. He used to make huge profits through trading and invest some of the money back in his start-up. 

2. Zerodha 

The next major income source for Nikhil Kamath is from Zerodha, a stock brokerage firm in India that he co-founded alongside his brother. Zerodha is one of the most successful startups in India, with a revenue of Rs 6875 crore and a profit after tax of Rs 2900 crore. Nikhil Kamath gets a yearly salary of 100 crore from Zerodha, which significantly contributes to his net worth. 

Nikhil and Nithin Kamath started Zerodha in 2010 with a vision to make the stock market easy to access and affordable to all with a user-friendly interface. Back then, there was no particular channel through which people could invest their money in the Indian stock market. Zerodha took this as a challenge and made a platform for online trading and investing in India. The low brokerage fee, easy-to-use interface, and online capability made them a huge success. 

3. Investments 

Nikhil Kamath is a successful investor and trader. He has generated his wealth by investing in the public and private markets. The public market means he invests in companies that are listed on the stock market. On the other hand, the private market means companies are not listed on the stock market and are run privately by startup founders and owners. Nikhil Kamath has invested in 14 rounds. Their most recent investment was in Subko Coffee (Series B Round) on January 18, 2024. 

4. YouTube channel

The next and last income source for Nikhil Kamath is his YouTube channel, which he started recently and conducts podcasts with social media influencers, entrepreneurs, businessmen and women, start-up founders, angel investors, and many other leaders from various industries and fields. The aim of each of his podcasts is to share knowledge and insights with people. 

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The Biography and Success Story of Nikhil Kamath

Nikhil Kamath’s story is proof that a formal degree and education are not required to be successful in life. With a sheer amount of hard work and commitment, one can surely be successful in life. Nikhil Kamath and his big brother Nithin Kamath are the cofounders of India’s largest stock trading company, Zerodha, which made a profit of Rs 2,000 crore in 2023. In the early days, Nikhil had to face a lot of hardships and struggle as he had no formal education or degree. He is a school dropout, and he used to hate going to school, just like many of us. 

He started selling cell phones at the age of 14. Seeing this, his mother got angry, and she threw all the phones in the toilet. The school management was also unhappy with Nikhil’s attitude towards studying and lack of interest. The school management did not allow Nikhil to attend the 10th board examination, due to which Nikhil decided to drop out of the school. He worked from 4 p.m. to 1 a.m. at the call center, and in the morning he tried his hands at day trading. 

Nikhil’s entrepreneurial journal is very impressive. He and his brother started Zerodha in 2010, a small brokerage firm, and completely revolutionized the industry with their discount brokerage model. Zerodha made trading and investing more easy, accessible, and cost-effective for everyone. 

Expanding his portfolio, Kamath ventured into asset management with True Beacon in 2020, catering to ultra-high-net-worth individuals looking to invest in Indian markets through private pooled vehicles.

In 2021, he co-founded Gruhas, focusing on real estate investments and prop tech, demonstrating his diverse interests and commitment to innovation in various sectors.

Kamath further showcased his versatility by launching the “WTF is?” podcast in March 2023, featuring prominent personalities like Tanmay Bhat, Kiran Mazumdar-Shaw, Suniel Shetty, Ritesh Agarwal, Ronnie Screwvala, and others, providing insightful discussions on various topics.

Moreover, his philanthropic commitment was evident when he pledged to donate 50% of his wealth to charitable causes like climate change, education, and healthcare, underscoring his social responsibility and dedication to making a positive impact on society.

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Lessons to Learn From Nikhil Kamath [India’s Youngest Billionare]

1. Take risks and follow your dreams.

If you don’t take risks and make changes in life, you will never accomplish your goals and dreams. The only way to see the impact of your idea and your dedication towards reaching your goal is by going forward and taking risks in pursuing them. 

Everything that we imagine doing is not possible. We already have everything we need deep within us. So without wasting time, go out and take risks to pursue your goals and dreams. Of course, there will be times when we doubt ourselves and what we can achieve in life. But the only way to see your dreams and ideas come true is by starting and trying.

Jen Sincero says, “If you’re serious about changing your life, you’ll find a way. If you’re not, you’ll find an excuse.” As you start working towards achieving your goal, you will go through situations, find resources, and discover ways to make sure that your dream becomes a reality. 

Taking a risk does not mean you should take it blindly. Make sure that you take calculated risks so that you don’t end up regretting them in life. 

2. Adaptability to market trends

The world is constantly evolving, and market conditions play a crucial role in determining our success and failure. In order to be successful, adapting to market conditions is not just a luxury but a necessity for everyone who wants to achieve great things in life. Adaptability is important for everyone, as it helps us stay relevant and in the game. Suppose I have been into search engine optimization for more than 4 years now. So, the strategy and techniques that used to work four years ago aren’t giving good results in SEO right now. That’s why I constantly keep myself updated on the latest SEO trends. 

In a similar way, you must keep yourself updated with the latest market trends and technologies in the field or domain in which you are working. 

Failing to adapt to these changes can result in loss and failure.  You can take the example of Kodak, once was a industry leader that failed to adapt to the shift from film to digital photography. Despite holding patents for digital camera technology, Kodak’s reluctance to embrace the changing market conditions led to its downfall. 

3. Have patience in life.

In today’s era of globalization, patience is often overlooked and ignored. However, it is the most important lesson that we can learn from Nikhil Kamath, India’s youngest billionaire and co-founder of Zerodha. Having patience in life is crucial because it leads to a fulfilling and successful life. It also enhances one’s ability to endure difficult and unpleasant times without becoming agitated and frustrated. 

When Zerodha was started, nobody believed in the business of online trading and investing. However, Nikhil Kamath and his brother Nithin Kamath kept their patience in life and kept on hustling with their startup. Today, their patience and hard work paid off, as Zerodha is one of the most profitable and valued startups in India.

Besides, Nikhil Kamath also believes that patience can improve your decision-making skills by giving you enough time to consider all the possible options and the outcome of each option in light of the potential consequences of your action. This leads to positive outcomes and increases your chances of success in achieving your goal. 

4. Go easy in life.

Life is very easy, and we overcomplicate it with stress, depression, tension, and overthinking. According to Nikhil Kamath, everyone should go easy in life and should not think too much, as everyone is going to die at the end. If you fail an exam, your business doesn’t work, you are not doing well in your career, and you are not getting paid, there is no need to worry at all. 

There is no point in thinking about all these issues. You become what you think all day long. Remember the time when we were all infants? The only things we knew were food, play, and sleep. As we grew, we wanted to play more and wanted to have the best toy on the market. 

When we entered into our teenage years, we all enjoyed playing our favourite sport. During we all wanted to play sports as much as we can. Going little further, we went into college and our focus was to get good grades and land a cushy job with a high-paying salary. 

Do you see how our priorities of life change as we get older, we must do our best to get what is needed at the present moment, we always spend our time worrying about our future, repenting of our past, we never worry about now, now has the power to relieve you of every burden of your life.

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Quotes from Nikhil Kamath India’s youngest Billionare 

1. Trading is like dating

Trading stocks is a bit like dating because it’s all about emotions and surprises. Just like when you’re trying to find the right person to date, trading involves trying to figure out which stocks to buy or sell. Sometimes things go really well, and you feel super happy, just like when a date goes perfectly. 

But other times, things don’t work out, and you feel disappointed, just like when a date doesn’t go as planned. You have to be patient and strong, learn from your mistakes, and trust your instincts to do well in both trading and dating.

 Imagine you’re scrolling through a dating app, trying to decide who to chat with. Each profile is like a stock, with its own unique qualities and potential. Some profiles catch your eye right away, while others may take a bit more digging to see if they’re a good match. Similarly, when trading stocks, some companies may stand out immediately as promising investments, while others require more research to determine their potential for growth.

2. Change is the only constant in life. Adapt first, don’t fight, all of life is transient, including your belief systems, and our authentic self today

According to this quote from Nikhil Kamath, life is always shifting and moving. It is not constant and keeps on changing second. Every day there is something new to experience. Just like how the weather changes from sunny to rainy or how the leaves on trees change colours in different seasons. In the same way, life keeps in changing. 

When something changes in life, you should try to accept it and adjust with the conditions rather than resisting the change. If you resist to change you will waste your time and energy and your output will be zero. In fact, you will lose focus from your goal. 

Imagine if you’re playing a game and the rules suddenly change. You wouldn’t keep playing the same way, right? You’d adapt to the new rules so you can keep playing and maybe even win.

In the same way, our beliefs and feelings can change as well. If we believe or feel something positive today, we might not feel the same tomorrow. And that is okay. It is part of human life and growth. Consider life as a book that keeps on adding new chapters as we go along. 

3. Reading something, anything, alleviates anxiety, while TV and social media aggravate it

Nikhil Kamath is an avid reader. He loves reading and truly belives that reading helps to fight anxiety, stress and depression. When you get involved in reading with good subjects, you clear your mind from the outside clutter and start focusing on what you are reading. In fact, you might also start visualizing. 

Reading good books and articles can inform you, improve your knowledge and enlighten you and lead you in the right direction. Once, you start reading a book, you will experince a whole new world. Reading not only improves your overall knowledge but also hones up your vocabulary and develops your communication skills. It helps you learn how to use your language creatively and improve your communicatio while speaking and talking to someoneelse. Good communication is important in every aspect of life.

The habit of reading is one of the best qualities that you can inculcate in yourself. You already know that books are considered best friend. So it is important to develop a good reading habit.

4. Discipline is bigger key to success

Discipline hailed as the bedrock of achievement and self-improvement, involves the art of conditioning oneself to adhere to a structured set of guidelines, values, or standards. It encompasses the capacity to exercise self-restraint, maintain concentration, and persist in the pursuit of objectives, even amidst obstacles and diversions. Far from being limiting, discipline serves as a formidable instrument that empowers individuals to unlock their capabilities, cultivate beneficial routines, and accomplish extraordinary endeavours.

Discipline acts as the fuel propelling individuals towards their goals and dreams. It furnishes the framework and dedication indispensable for traversing the path to triumph. Through delineating precise aims and upholding a disciplined demeanour, individuals can adhere to their trajectory, surmount hurdles, and advance steadily. 

5. When the tough times come, you have to keep trying

Tough times come in everyone’s life. But it is important not to lose your hope during those time. Even I had to go through tough times in my life and I decided to fight. As time goes, it will help you to grow and become the better and stronger version of yourself. Untill and unless, you know what to do in life, you will tackle and adapt to any situation. Also, remember that, only you can help yourself. Have faith in you during the tough times of life. Life cannot be smooth at every step. If it goes smooth, you’ll surely get bored.  So, enjoy every moment in life and keep hustling. 

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FAQs About Nikhil Kamath’s Net Worth, Income and Salary