Nithin Kamath, aged 44, is the fourth youngest Indian billionaire on the latest Forbes list, with a net worth of $4.8 billion, while his brother Nikhil Kamath, aged 37, ranks as the youngest Indian billionaire, with a net worth of $3.1 billion. Kamath, the CEO of Zerodha, no longer actively trades but remains passionate about capital markets, contributing to the startup ecosystem through Rainmatter fintech fund and the Rainmatter Foundation for societal welfare.
The market share of BSE in the derivatives segment, dominated by NSE, rose from a mere 0.004% in the June quarter to 7.38% in the September quarter and further to 15.8% in the December quarter.
The two brothers who created the stockbroking platform, Nithin and Nikhil Kamath, took a total of ₹195.4 crore in salary in the fiscal year 2022–2023 (FY23). The full-time directors and co-founders of Zerodha received ₹72 crore per year each
Brothers Nithin and Nikhil Kamath, who founded the stockbroking platform, withdrew a total of ₹195.4 crore in pay during the fiscal year 2022–2023 (FY23).