Zerodha Founder Nikhil Kamath Becomes Youngest Indian To Pledge Most Of His Fortune For Charity

Zerodha Founder Nikhil Kamath Becomes Youngest Indian To Pledge Most Of His Fortune For Charity

He is also in the company of bigwigs such as ace investor Warren Buffet, as well as Melinda French Gates and Bill Gates.

FPJ Web DeskUpdated: Tuesday, June 06, 2023, 05:52 PM IST
article-image
Nikhil Kamath |

At 34, school dropout Nikhil Kamath became the youngest billionaire in India, after he set up online stock trading platform Zerodha with his brother.

Two years later, Kamath is the youngest Indian to commit a majority of his fortune towards charity, as part of an initiative called The Giving Pledge.

Joins corporate bigwigs

As the fourth Indian to become a part of the philanthropist endeavour, Kamath joined the likes of Wipro's Azim Premji, Biocon founder Kiran Mazumdar-Shaw and Nandan Nilekani of Infosys.

He is also in the company of bigwigs such as ace investor Warren Buffet, as well as Melinda French Gates and Bill Gates.

Kamath wrote that he is committed to making a difference in the world irrespective of his age and believes in the initiative's mission of creating a more equitable society.

Other than this pledge, Kamath also runs his own foundation called the Young Indian Philanthropic Pledge, which works with other startup founders and CEO who have pledged at least a quarter of their wealth towards charity.

RECENT STORIES

LIC Launches Two New Insurance Plans, Nav Jeevan Shree & Nav Jeevan Shree Single Premium Offer...

LIC Launches Two New Insurance Plans, Nav Jeevan Shree & Nav Jeevan Shree Single Premium Offer...

Travel Food Services IPO opens for subscription

Travel Food Services IPO opens for subscription

Will The PM-Kisan 20th Installment Be Released On July 18? Here's Why Farmers Think So

Will The PM-Kisan 20th Installment Be Released On July 18? Here's Why Farmers Think So

Rupee Falls Sharply By 47 Paise To Close At 85.87 Against US Dollar; Global Crude Oil Prices Rise

Rupee Falls Sharply By 47 Paise To Close At 85.87 Against US Dollar; Global Crude Oil Prices Rise

Sensex, Nifty End Flat In Volatile Session As Investors Await US Tariff Decision On July 9

Sensex, Nifty End Flat In Volatile Session As Investors Await US Tariff Decision On July 9