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The school dropout who turned the business of managing wealth on its head

The man behind Zerodha has now made a mark catering out to ultra HNIs with a new outfit that takes forward the group's value proposition of transparency

Nikhil Kamath, Co-founder & Chief Investment Officer, True Beacon and Zerodha
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Nikhil Kamath, Co-founder & Chief Investment Officer, True Beacon and Zerodha

Namit Gupta New Delhi
He's just 34 years old and is already leading two of the largest disruptors in stock trading and wealth management spaces. While Zerodha is a broking outfit started about 10 years ago, True Beacon, which caters to a high networth individual and ultra HNI customer base, is a much more recent enterprise, founded in October 2019. And it is already managing assets worth Rs 400 crore or thereabouts.

Yet, it would astound you to know that Nikhil Kamath quit formal education at age 15, when he was in the 9th standard, to take up playing chess professionally. He continued moving