Brothers Nithin and Nikhil Kamath who based the net brokerage agency, Zerodha, drew a complete of Rs 195.4 crore as whole compensation in FY22-23 with every receiving a wage of Rs 72 crore as annual wage, in accordance with a report.
The brothers who’re additionally full-time administrators at Zerodha, the nation’s most worthwhile startup, are on the prime relating to remuneration amongst India’s startup founders. They’re adopted by OYO’s Ritesh Agarwal who FY23 wage is Rs 12 crore, in accordance with Entrackr
Nithin’s spouse Seema Patil, who’s the third full-time director of Zerodha, reportedly withdrew Rs 36 crore in the identical 12 months.
In FY22, Zerodha board accepted Rs 100 crore per 12 months wage for the three full-time administrators. Following this, Nithin clarified that it’s not their precise wage however the most quantity for liquidity and danger wants, added the outlet.
What’s Nithin and Nikhil Kamath’s internet price?
Within the listing of India’s 100 richest folks launched by Forbes on October 11, 2023, the households of Nithin and Nikhil Kamath had been ranked at 40 with a mixed internet price of Rs 45.754.5 crore ($5.5 billion).
As of December 10, 2023, Nithin Kamath’s internet price was calculated at Rs 22,526 crore ($2.7 billion) and Nikhil Kamath’s internet price stood at Rs 9,177 crore ($1.1 billion), as per Forbes actual time information.
