Zerodha founders Nithin and Nikhil Kamath, and Flipkart founders Sachin and Binny Bansal are the youngest billionaires in India, in response to the Forbes Billionaires Listing 2024.
Nikhil Kamath continues to be India’s youngest billionaire at 37, with a internet price of $3.1 billion. His property graph has solely grown within the final one 12 months.
His elder brother Nithin Kamath, 44, has a internet price of $4.8 billion.
The Kamath brothers’ internet price has seen a major improve within the final one 12 months. They’re primarily based in Bengaluru.
Forbes described discounted brokerage agency Zerodha, which the social media-savvy Kamaths based in 2010, as the corporate that “went on to disrupt the brokerage market in India”.
Binny Bansal, who based Flipkart with Sachin Bansal in 2007 as a web based vendor of books, has a internet price of $1.4 billion.
Sachin Bansal, 42, holds property price $1.2 billion.
Additionally Learn: Zerodha co-founder Nithin Kamath details why WFH did not work for some employees. See post
Whereas Binny Bansal’s property graph has been stagnant prior to now one 12 months, Sachin Bansal’s property have declined. Regardless of that, they each proceed to be among the many youngest billionaires in India.
Forbes Billionaires Listing 2024: Richest Indian
Reliance Industries boss Mukesh Ambani continues to be the richest Indian, with a internet price of $116 billion. He’s additionally the sixth richest particular person on the planet. His firm offers throughout an array of sectors — petrochemicals, oil and gasoline, telecom, retail and monetary providers.
His property grew remarkably within the final one 12 months, from $83.4 billion in 2023 to $116 billion in 2024.
Renuka Jagtiani, chairwoman of Dubai-headquartered retail large Landmark Group, is among the many 25 new Indian billionaires featured on the annual Forbes checklist of the richest folks on the planet.
This 12 months, world music icon Taylor Swift, 34, was formally declared a billionaire by Forbes. The journal mentioned she is the primary artist to attain billionaire standing solely on the idea of her music, and estimated she has a $1.1 billion fortune.
