According to Forbes, Kamath brothers, Bansal are India's youngest billionaires. Trends

Zerodha founders Nitin and Nikhil Kamath, and Flipkart founders Sachin and Binny Bansal are India's youngest billionaires, according to the Forbes Billionaires List 2024.

Nitin Kamath, Nikhil Kamath, Sachin Bansal and Binny Bansal are all 40 years old.

Nikhil Kamath, at the age of 37, remains India's youngest billionaire with a net worth of $3.1 billion. His wealth graph has only increased in the last one year.

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His elder brother Nitin Kamath, 44, has a net worth of $4.8 billion.

The Kamath brothers have seen a significant increase in their net worth in the last one year. They are based in Bengaluru.

Forbes describes discount brokerage firm Zerodha, which was founded by social media-savvy Kamaths in 2010, as a company that “disrupted the brokerage market in India”.

Binny Bansal, who founded Flipkart with Sachin Bansal in 2007 as an online seller of books, has a net worth of $1.4 billion.

42 year old Sachin Bansal has assets worth $1.2 billion.

Also read: Zerodha co-founder Nitin Kamath explains why WFH didn't work for some employees. view Post

While Binny Bansal's wealth graph has remained stable in the last one year, Sachin Bansal's wealth has declined. Despite this, both of them remain among India's youngest billionaires.

Forbes Billionaires List 2024: Richest Indians

Reliance Industries owner 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 across multiple sectors – petrochemicals, oil and gas, telecommunications, retail and financial services.

His wealth increased significantly over the past year, rising from $83.4 billion in 2023 to $116 billion in 2024.

Renuka Jagtiani, chairperson of Dubai-headquartered retail company Landmark Group, is one of the 25 new Indian billionaires included in the annual Forbes list of the world's richest people.

This year, 34-year-old global music icon Taylor Swift was officially declared a billionaire by Forbes. The magazine said she is the first artist to achieve billionaire status based solely on her music and estimates her net worth to be $1.1 billion.

Unveiling 'Election 2024: The Big Picture', a new segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders from across the political spectrum discuss the upcoming general elections. watch now!
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