• Wed. Feb 28th, 2024
Nikhil Kamath to donate 50% of wealth to Bill Gates-Warren Buffet, who founded ‘The Giving Pledge’

Seroda co-founder Nikhil Kamath has joined the likes of Asim Premji, Kiran Majumdar-Shah, Rohini and Nandan Nilekani to become the fourth and youngest Indian to pledge their wealth to philanthropy.

Seroda co-founder Nikhil Kamath has joined the likes of Asim Premji, Kiran Majumdar-Shah, Rohini and Nandan Nilekani to become the fourth and youngest Indian to pledge their wealth to philanthropy.

Kamath is the fourth Indian to join ‘The Giving Pledge’, which was founded in 2010 by Warren Buffett, Melinda French Gates and Bill Gates. “The Giving Pledge” bears witness to many of the world’s wealthy families and individuals pledging their wealth to charity. , Business today Informed.

Kamath is the fourth Indian to join ‘The Giving Pledge’, which was founded in 2010 by Warren Buffett, Melinda French Gates and Bill Gates. “The Giving Pledge” bears witness to many of the world’s wealthy families and individuals pledging their wealth to charity. , Business today Informed.

35-year-old Kamath joined the league in the presence of former Wipro Ltd chairman Azim Premji, executive chairperson and founder of Biocon Ltd and Biocon Biologics Ltd Kiran Majumdar-Shah, Indian author and billionaire Rohini and Nandan Nilekani. Entrepreneur and co-founder of Infosys.

The 35-year-old Kamath joined the league in the presence of former Wipro Ltd chairman Azim Premji, executive chairperson and founder of Biocon Ltd and Biocon Biologics Ltd Kiran Majumdar-Shah, Indian author and billionaire Rohini and Nandan Nilekani. Entrepreneur and co-founder of Infosys.

“As a young philanthropist, I am writing to express my gratitude as I join the giving pledge. “Despite my age, I am committed to positively impacting the world and believe the Foundation’s mission to create a more equitable society aligns with my values ​​and aspirations,” Kamath said. Business today.

“As a young philanthropist, I am writing to express my gratitude as I join the giving pledge. “Despite my age, I am committed to positively impacting the world and believe the Foundation’s mission to create a more equitable society aligns with my values ​​and aspirations,” Kamath said. Business today.

Nikhil Kamath is the co-founder of Seroda, India’s largest stock brokerage by trade.

Nikhil Kamath is the co-founder of Seroda, India’s largest stock brokerage by trade.

Kamat, who has a net worth of $3.45 billion, also has his own foundation – the Young Indian Philanthropic Pledge (YIPP), which works with entrepreneurs to donate at least 25% of their net worth to philanthropy.

Kamat, who has a net worth of $3.45 billion, also has his own foundation – the Young Indian Philanthropic Pledge (YIPP), which works with entrepreneurs to donate at least 25% of their net worth to philanthropy.

according to ForbesThrough ‘The Giving Pledge’, Nikhil Kamath aims to support causes like climate change, energy, education and health.

according to ForbesThrough ‘The Giving Pledge’, Nikhil Kamath aims to support causes like climate change, energy, education and health.

“Despite my age, I am committed to positively impacting the world,” Kamath says in his pledge letter, “and the mission of creating a more equitable society aligns with my values ​​and aspirations.” He has committed to giving away 50 percent of his wealth and is keen to contribute to areas including climate change, education and healthcare.

“Despite my age, I am committed to positively impacting the world,” Kamath says in his pledge letter, “and the mission of creating a more equitable society aligns with my values ​​and aspirations.” He has committed to giving away 50 percent of his wealth and is keen to contribute to areas including climate change, education and healthcare.

Notably, according to the EdelGive-Hurun India Philanthropy List 2022, Nikhil Kamath, along with his brother and Zerodha co-founder Nithin Kamath, donated personal assets worth Rs 100 crore in 2022, a 300% increase over the previous year.

Notably, according to the EdelGive-Hurun India Philanthropy List 2022, Nikhil Kamath, along with his brother and Zerodha co-founder Nithin Kamath, donated personal assets worth Rs 100 crore in 2022, a 300% increase over the previous year.

So far 241 philanthropists from 29 countries have signed the Giving Pledge. Other billionaire signatories include LinkedIn co-founder Reed Hoffman and his partner Michelle Yee, Tesla CEO and Twitter owner Elon Musk, philanthropist Mackenzie Scott, and Canva co-founders Melanie Perkins and Cliff Obrecht.

So far 241 philanthropists from 29 countries have signed the Giving Pledge. Other billionaire signatories include LinkedIn co-founder Reed Hoffman and his partner Michelle Yee, Tesla CEO and Twitter owner Elon Musk, philanthropist Mackenzie Scott, and Canva co-founders Melanie Perkins and Cliff Obrecht.

Kamath, who is also the head of asset management company True Beacon, had said in 2021 Forbes In an interview, he said, “10 percent of the country cannot belong to 90 percent of the people”. His foundation aims to give back the Young Indian Philanthropic pledge. 750 crore in the next three years.

Kamath, who is also the head of asset management company True Beacon, had said in 2021 Forbes In an interview, he said, “10 percent of the country cannot belong to 90 percent of the people”. His foundation aims to give back the Young Indian Philanthropic pledge. 750 crore in the next three years.

Nikhil Kamath started working full-time at the age of 17 and his experience revolves mainly around the stock markets.

Nikhil Kamath started working full-time at the age of 17 and his experience revolves mainly around the stock markets.

Kamath founded Seroda in 2010, Grihus for private investments, hedge fund True Beacon, which manages wealth for India’s ultra-HNIs, fintech incubator Rainmatter, and the Rainmatter Foundation, which supports climate-related non-profits.

Kamath founded Seroda in 2010, Grihus for private investments, hedge fund True Beacon, which manages wealth for India’s ultra-HNIs, fintech incubator Rainmatter, and the Rainmatter Foundation, which supports climate-related non-profits.

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