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Zerodha founders Nithin and Nikhil Kamath and Flipkart founders Sachin and Binny Bansal are the youngest billionaires in India, according to the Forbes Billionaires List 2024.
Nithin Kamath, Nikhil Kamath, Sachin Bansal and Binny Bansal are all in their 40s.
Nikhil Kamath remains India’s youngest billionaire at 37, with a net worth of $3.1 billion. His asset graph has only grown over the past year.
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His elder brother Nithin Kamath, 44, has a net worth of $4.8 billion.
The net worth of the Kamath brothers has grown significantly in the last one year. They are headquartered in Bengaluru.
Forbes described discount brokerage Zerodha, which the social media-savvy Kamaths founded in 2010, as a company that “has continued to disrupt the brokerage market in India.”
Binny Bansal, who founded Flipkart as an online bookseller in 2007 with Sachin Bansal, has a net worth of $1.4 billion.
Sachin Bansal (42) owns assets worth 1.2 billion dollars.
Also Read: Zerodha Co-Founder Nithin Kamath Explains Why WFH Didn’t Work For Some Employees. See the post
While Binny Bansal’s asset chart has stagnated in the last one year, Sachin Bansal’s assets have declined. Despite this, both are still among the youngest billionaires in India.
Forbes Billionaires List 2024: Richest Indian
Reliance Industries chief Mukesh Ambani remains the richest Indian with a net worth of $116 billion. He is also the sixth richest person in the world. His company operates in a range of sectors — petrochemicals, oil and gas, telecommunications, retail and financial services.
His assets have grown tremendously in the past year, from $83.4 billion in 2023 to $116 billion in 2024.
Renuka Jagtiani, chairman of Dubai-based retail giant Landmark Group, is among the 25 new Indian billionaires featured in the annual Forbes list of the world’s richest people.
This year, Forbes officially declared world music icon Taylor Swift (34) a billionaire. The magazine said she was the first artist to reach billionaire status based on her music alone, and estimated her worth at $1.1 billion.
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Source: newstars.edu.vn
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