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Nithin Kamath Age, Girlfriend, Wife, Family, Biography & More

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Wife: Seema
Hometown: Shimoga, Karnataka
Age: 43 Years

Nithin Kamath

Bio/Wiki
Profession(s)Entrepreneur, Trader, Investor
Known ForBeing the co-founder and CEO of ‘Zerodha,’ a financial services company in India
Physical Stats & More
Height (approx.)in centimeters- 180 cm
in meters- 1.80 m
in feet & inches- 5’ 11”
Eye ColourBlack
Hair ColourBlack
Career
Awards, Honours, Achievements • Emerging Entrepreneur Award (2014) by the Confederation of Indian Industry (CII)
• The emerging brokerage firm of the year (2014) by BSE and Dun & Bradstreet
• The emerging brokerage firm of the year (2015) by BSE and Dun & Bradstreet
• Top 10 Indian businessmen to watch out for in 2016
• Ranked in the list of Forbes India 30 under 30, Finance in 2016
• The Economics Times awarded him with Startup of the year (Bootstrap) 2016 by Economic Times
• The retail brokerage firm of the year 2019
• Zerodha topped the IIFL Wealth Hurun India 40 & under Self- Made Rich List 2020
Nithin Kamath receiving Market Achievers Award
Personal Life
Date of Birth5 October 1979 (Friday)
Age (as of 2022)43 Years
BirthplaceShimoga, Karnataka
Zodiac signLibra
NationalityIndian
HometownShimoga, Karnataka
SchoolDayal Singh Public School, Shimoga, Karnataka
College/UniversityBangalore Institute of Technology, Bengaluru, Karnataka
Educational QualificationGraduation in engineering (1997-2001) [1]LinkedIn
ReligionHinduism [2]Facebook
CasteGaud Saraswat Brahmin [3]Rediff
HobbiesPlaying Basketball, Cycling, Swimming, and Playing Guitar
Tattoo(s)On the left shoulder- A Samoan tribal
On the right bicep- A tribal tattoo
On the right wrist- Star
Nithin Kamath's tattoos
Relationships & More
Marital StatusMarried
Affairs/GirlfriendsSeema Patil
Marriage Date2008
Family
Wife/SpouseSeema Patil (Works at Zerodha)
Nithin Kamath with his wife
ChildrenSon- Kiaan Kamath
Nithin Kamath with his son
ParentsFather- Raghuram Kamath (retired from Canara Bank)
Nithin Kamath's brother and father
Mother- Revathi Kamath (environmentalist and Veena player)
Nithin Kamath with his mother and brother
SiblingsBrother- Nikhil Kamath (Co-founder of Zerodha)
Nikhil Kamath and his brother featured on the Forbes magazine
Favourites
Music BandPink Floyd
Song'Zindagi Kaisi Hai Paheli' from Anand (1971)
BookMarket Wizards by Jack Schwager
Dream DestinationBelize
Style Quotient
Car CollectionAudi A7
Nithin Kamath with his Audi car
Money Factor
Net Worth (approx.)• $2.7 billion (as of 2023) [4]NDTV

Note: Nithin Kamath and Nikhil Kamath officially joined the Forbes World's Billionaires List for 2023. [5]NDTV; Nithin Kamath was ranked 1104 with an estimated net worth of $2.7 billion. [6]NDTV

Nithin Kamath

Some Lesser Known Facts About Nithin Kamath

  • Does Nithin Kamath drink alcohol?: Yes

    Nithin Kamath with his friends

    Nithin Kamath with his friends

  • Nithin Kamath is an Indian investor, stockbroker, and entrepreneur.
  • He used to participate in various extra-curricular activities while he was in school.

    Nithin Kamath in his school days

    Nithin Kamath in his school days

  • While he was pursuing his graduation, he started working as a freelancing proprietary trader in Bangalore in January 1997.
  • During an interview, he talked about getting his first break as an investor. He said,

Then, in 2004, I got my first big break while I was at the gym. A retired person of Indian origin, who had returned from the US, wanted advice on managing his portfolio, and he agreed to take me on as his portfolio manager, never mind that I had no professional degree to back me up. Today, Zerodha is the largest retail brokerage firm in India by all measures and one of the largest retail trading platforms in the world by activity. We have achieved this without ever advertising, or raising any external capital or debt. We focused on innovative products and services, and it took us a slow and steady 10 years along with a lot of luck.”

  • He then worked at Manipal Infocom in Bangalore as a senior telesales executive.
  • He worked in a call centre of Canara Bank from 2001 to 2005. In an interview, he talked about making a career as an investor. He said,

In school, I was a below-average student academically. I discovered trading and the markets by accident at the age of 17. I’ve been through the boom and bust journey every good trader experiences. In the early 2000s, I borrowed money and blew up my trading account and then worked in a call centre for 4 years trying to make up for the debt, while also trading on the side.”

He further added,

I was a really bad student right through my school and college, and so yes, now that it has all turned okay, my parents are quite happy about it. I think it is about finding that one thing that you love and try to build your career or your business around it. So stock markets are what I love and so I was lucky enough to build a business around it and so eventually luck hit some point in time and it all turned okay. So it is about finding something that you love doing and doing it all the time.”

  • In 2001, Nithin Kamath met Seema Patil at the call centre where they used to work together. They later fell in love and started dating. The duo had been in a long-distance relationship for almost 4 years as Seema later joined Singapore Airlines.
  • Nithin, along with his brother Nikhil, started ‘Kamath Associates’ in 2004.
  • After almost 11 years, he started working as a CEO at ‘Rainmatters,’ which is the initiative of the brokerage firm Zerodha, started by Kamath brothers in 2010. In an interview, he shared how his company Zerodha was different from other companies. He said,

The zero-brokerage idea caught the imagination of people and clientele jumped from about 70,000 people to a million users today. Of those, about 700,000 actively trade, he says. That makes Zerodha second only to ICICI Direct. And by volume of trades put in, they account for 7-8 per cent of all trades done on a given day, which makes them “the largest retail broker in the country.”

He further said,

The problem we are trying to solve is how the capital markets ecosystem can grow in India. In India, we are relying too much on foreign capital and if as a business we can somehow enable people to put money behind businesses in India, we can help this country grow and do our job.”

Zerodha Company

Zerodha Company

  • During an interview, he shared how Aadhaar card and demonetization helped his business, he said,

So, people had Aadhaar earlier but they didn’t know how to use Aadhaar. Demonetization triggered people to make use of Aadhaar in real-time. People kept money in the bank; markets did well, so automatically the money started moving to capital markets.”

  • Nithin and Nikhil own one more firm named ‘True Beacon,’ an investment management firm.
  • He loves to sing and play the guitar whenever he gets time from his busy schedule.
  • He is an avid sports lover and plays basketball, poker, and snooker. He also loves running, cycling, and swimming.
  • Nithin is an avid dog lover and had a pet dog Hobes who died earlier.

    Nithin Kamath with his pet dog

    Nithin Kamath with his pet dog

  • He regularly visits the gym along with his wife Seema.
  • He is an avid football lover and has picked up a football jersey signed by the famous Indian footballer Lionel Messi in an auction. [7]The Economic Times
  • During an interview, he talked about the goal he had while he was starting his career, he said,

When I first started trading, my number was Rs 5 crore. I used to say that once I make that amount, I’ll retire, go to Thailand and live by the beach. Today, I can add like three zeroes to it and I still won’t stop.”

  • He has been featured on the cover page of various magazines.

    Nithin Kamath featured on the cover of Forbes magazine along with his brother

    Nithin Kamath featured on the cover of Forbes magazine along with his brother

  • Kamath brothers’ interviews have been published in various business magazines and newspapers.

    Nithin Kamath and his brother featured on the Forbes magazine

    Nithin Kamath and his brother featured on the Forbes magazine

  • In an interview, he shared that he wanted actor Hrithik Roshan to play his role if a film was made on his life.
  • In March 2022, on Women’s Day, while talking about his wife’s journey of being diagnosed with breast cancer, he emphasized women’s health and highlighted the importance of creating awareness on cancer. [8]Business Today Nithin also shaved his head in support of his wife during her medical treatment.

    Nithin Kamath shared a picture with his wife after she was diagnosed with breast cancer

    Nithin Kamath shared a picture with his wife after she was diagnosed with breast cancer

  • According to Nithin, his parents believed that Seema had brought luck into his life.

References/Sources:[+]