$14 Billion         |         Rank #129

Who is Uday Kotak

His Kotak Mahindra Bank is now among India’s top four banks in the private sector, boosted by its 2014 acquisition of ING Bank’s Indian operations.
Kotak’s 811 app draws its name from November 8, the day in 2016 when the government cancelled 86% of all rupees in circulation.
In June 2020, Kotak sold some shares to reduce his stake in the bank as mandated by the Reserve Bank of India. Coming from an average or middle class family, Uday Kotak is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 129 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 63.0 years old. As of today, Uday Kotak’s net worth is approximately 14 Billion.

Facts about Uday Kotak

To find out what is Uday Kotak Net Worth, how he got there and what is Uday Kotak Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Uday Kotak

Uday Kotak was born on 15-03-59 in India. In 2018, Kotak was appointed by the government as non-executive chairman of the debt-strapped Infrastructure Leasing & Financial Services until April 2022. Kotak was initially backed by tractor tycoon Anand Mahindra, who still holds a small stake in the bank. Being raised in the same country, Uday Kotak spent most of his time in nan in the city of Mumbai.

Uday Kotak net worth is estimated at 14 Billion Billion to date.

Professional Journey

You will see him often in social media.  Spurning his family’s trading business, Uday Kotak started a finance firm in 1985 then went on convert it into a bank in 2003. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In 2018, Kotak was appointed by the government as non-executive chairman of the debt-strapped Infrastructure Leasing & Financial Services until April 2022. In his youth, he was adventurous but unknown, but that was years ago. His Kotak Mahindra Bank is now among India’s top four banks in the private sector, boosted by its 2014 acquisition of ING Bank’s Indian operations.
Kotak’s 811 app draws its name from November 8, the day in 2016 when the government cancelled 86% of all rupees in circulation.
In June 2020, Kotak sold some shares to reduce his stake in the bank as mandated by the Reserve Bank of India. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Spurning his family’s trading business, Uday Kotak started a finance firm in 1985 then went on convert it into a bank in 2003.
It is to be noted that Uday Kotak is one of the selfmade billionaires in the world and stands at 129 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Uday Kotak:

How much is Uday Kotak worth?

Uday Kotak’s net worth is estimated to be 14 Billion.

How old is Uday Kotak?

Uday Kotak was born on 15-03-59, and is currently 63.0 years old.

What is Uday Kotak source of income?

Uday Kotak acquires most part of his wealth from banking.
 

Concluding Uday Kotak Net Worth

Currently with a net worth of 14 Billion, Uday Kotak stands at 129 in the world billionaires list. And draws most of his wealth from banking. Hope you like this information about Uday Kotak. If you like this, then please share it with your friends. This above post is all about the estimated worth of Uday Kotak. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Uday Kotak. Actual worth may vary a little. You can always get information by checking out Leaktown.com.