Hemendra Kothari net worth 2023: Age, wiki, family, daughter and Biography

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 net worth 2023

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.

NameHemendra Kothari
ProfessionBusinessman
Famous forAngel Investor
Date of Birth1947
Age76 years old
BirthplaceMumbai
HometownMumbai
NationalityIndian
CasteKothari
ReligionHindu
EducationBA- Economics
CollegeMumbai University
InterestFinancial Services.
HobbiesReading 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 daughter aditi and son in law Vikram

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 IncomeFinancial Service, DSP
Net worth$1.4Billion

Hemendra Kothari net worth 2023 growth

YearNet worth growth in Billion
20181.2 billion
20191.1 billion
20201.2 billion
20211.3 billion
20221.5 billion
20231.4 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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