Billionaire Nikhil Kamath to donate majority of his wealth as he joins 'The Giving Pledge'

Zerodha co-founder and billionaire Nikhil Kamath has become India’s youngest pledger for 'The Giving Pledge' founded by legendary investors Bill Gates and Warren Buffet. He is also the fourth Indian after Azim Premji, Kiran Mazumdar-Shaw, Rohini and Nandan Nilekani to take the pledge. Members of this charitable foundation contribute a majority of their wealth to philanthropic causes.

Kamath plans to contribute to areas such as climate change, energy, education, and health. This is in addition to the 37-year-old's own foundation, Young Indian Philanthropic Pledge (YIPP) which collaborates with leaders from the startup ecosystem to give away at least 25 percent of their net worth to philanthropic causes.

“As a young philanthropist, I am writing to express my gratitude whilst joining the Giving Pledge. Despite my age, I am committed to positively impacting the world and believe that the foundation's mission of creating a more equitable society aligns with my values and aspirations," Nikhil Kamath stated in his pledge letter.

"The Giving Pledge offers a great platform to learn, exchange ideas, and work collaboratively to address some of the world's most pressing challenges. I look forward to engaging with the Giving Pledge community and exploring new ways to create positive change.”