- By Aditya Pratap Singh
- Wed, 03 Apr 2024 04:47 PM (IST)
- Source:JND
Forbes Billionaire List: Zerodha's founders, Nithin and Nikhil Kamath, and Flipkart's founders, Sachin and Binny Bansal, are among the youngest billionaires in India, according to latest the Forbes Billionaires List 2024. Nikhil Kamath is India's youngest billionaire at the age of 37, with a net worth of $3.1 billion. His assets have increased significantly in the past year.
Nikhil's elder brother, Nithin Kamath, is 44 years old and has a net worth of $4.8 billion. The Kamath brothers' net worth has increased significantly in the past year. They both live in Bengaluru. Brokerage firm Zerodha, which the Kamaths founded in 2010, is the company that "disrupted the brokerage market in India.
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Binny Bansal, who co-founded Flipkart with Sachin Bansal in 2007 as an online bookseller, has a net worth of $1.4 billion. While Binny Bansal's assets have remained stagnant in the past year, Sachin Bansal's assets have declined. Despite this, they continue to be among India's youngest billionaires.
Forbes Billionaires List 2024
Reliance Industries Chairman Mukesh Ambani remains India's richest person, with a net worth of $116 billion. Reliance Industries operates in a variety of sectors, including petrochemicals, oil and gas, telecommunications, retail, and financial services. Ambani assets have increased significantly in the past year, from $83.4 billion in 2023 to $116 billion in 2024. Renuka Jagtiani, chairwoman of Dubai-based retail giant Landmark Group, is among 25 new Indian billionaires featured on the annual Forbes list of the world's wealthiest people.
This year, global music icon Taylor Swift, 34, was officially declared a billionaire by Forbes. The magazine said she is the first artist to achieve billionaire status solely based on her music and estimated her fortune to be $1.1 billion.