Hemendra Kothari net worth 2023: Age, wiki, family, daughter, and Biography
Hello friends, in today’s blog post, we are going to discuss Hemendra Kothari, the Great-grandson of Purbhoodas Jeevandas Kothari, one of BSE’s founders. Hemendra runs his 150-year-old traditional business of finance and banking investment management.
Hemendra Kothari is an Indian banker and Investor who is one of the leading investors in India.
In this blog post, we will discuss Hemendra Kothari’s net worth, age, wiki, biography, family, daughter, and the company he is associated with. Before going forward, we are going to know, who is Hemendra Kothari.
Who is Hemendra Kothari? | Hemendra Kothari Biography
Hemendra Kothari is one of the top banking investors in India and the great-grandson of Purbhoosdas Jeevandas Kothari. He entered his ancestor’s family business naturally through his family legacy and is now heading DSP Mutual Fund, an independent asset management company in India.
Name | Hemendra Kothari |
Profession | Businessman |
Famous for | Angel Investor |
Date of Birth | 1947 |
Age | 76 years old |
Birthplace | Mumbai |
Hometown | Mumbai |
Nationality | Indian |
Caste | Kothari |
Religion | Hindu |
Education | BA- Economics |
College | Mumbai University |
Interest | Financial Services. |
Hobbies | Reading Books. |
He founded DSP Financial Consultants Ltd. in 1975 and evolved it into a full-fledged company that leads in various financial areas. In 1995, they formed a joint venture with Merrill Lynch, named it DSP Merril Lynch Ltd. Between 2005 and 2009, they sold out 57% of their ownership in the company, according to Forbes.
Hemendra Kothari early Life.
Hemendra Kothari was born in 1947 in Mumbai, Maharashtra, to a wealthy family and raised in Mumbai. He started his primary to higher grade of education in Mumbai, and he did his graduation from Mumbai University in Economics (Bachelor of Education).
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He started his job at the age of 22. His father was not interested in the stock market as it was not an exciting field, and he asked him to join the textile industry at Moarji Mills and work as a sales manager with a monthly salary of 1200 rupees. He worked there for two years, from 8 A.M. to 10 P.M. daily.
Hemendra Kothari Family and Daughter
Hemendra Kothari was married, and her wife is no more. He is a male widow now. He has two children, including Aditi Kothari Desai, who married Vikram Desai. Aditi Kothari Desai is now a vice president and Head of sales at DSP Group, a $15 Billion asset under this management.
Hemendra Kothari net worth 2023
According to various sources and media reports, his tentative net worth is $1.4 Billion. His source of income is financial services.
Income | – |
Source of Income | Financial Service, DSP |
Net worth | $1.4Billion |
Hemendra Kothari net worth 2023 growth
Year | Net worth growth in Billion |
---|---|
2018 | 1.2 billion |
2019 | 1.1 billion |
2020 | 1.2 billion |
2021 | 1.3 billion |
2022 | 1.5 billion |
2023 | 1.4 billion |
Facts-Hemendra Kothari net worth 2023
- Indian Veteran angel investor Hemendra Kothari chairs DSP Investment Managers, which was originally founded in 1975.
- Hemendra Started his career with his ancestor’s firm D.S. Purbhoodas and Co.
- In 1995, started a joint venture with Merrill Lynch named D.S.P. Merrill Lynch Limited, and during 2005–2009, he withdrew a 57% stake from that venture.
- He started a joint venture with Black Rock in 2008 and sold his stake after ten years.
- His Daughter, Aditi Kothari Desai, is vice president and head of sales at DSP.
FAQs- Hemedra Kothari’s net worth 2023
Who is Hemendra Kothari?
Hemendra Kothari is an Indian investment banking personality and founder of DSP Group.
Who is Hemendra Kothari’s daughter?
Aditi Kothari Desai
What is the age of Hemendra Kothari?
He was born in Mumbai in 1947, and his age is 76.
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