Hemendra Kothari
Mumbai, India
Bachelor of Arts/Economics, Bombay University
India
Financial Services
$1,200,000,000
1941
#1941 Billionaires 2019
#94 India's Richest 2013
Veteran investment banker Hemendra Kothari chairs DSP Investment Managers, which has $5.5 billion in assets under management. He founded the firm in 2008 in partnership with BlackRock but bought out BlackRock's stake ten years later.Kothari started his career with family firm D.S. Purbhoodas & Co before founding financial services firm DSP Financial Consultants in 1975. He partnered with Merrill Lynch in 1995 but sold his 57% stake in tranches between 2005 and 2009.
A wildlife enthusiast, he founded the Wildlife Conservation Trust and has named meeting rooms at his office after tiger reserves.His great-grandfather was one of the founders of the Bombay Stock Exchange.
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