Zerodha: Nithin Kamath, founder and CEO of online share trading platform Zerodha, is very active on social media. He keeps expressing his opinions on various issues. Now he has expressed his views about the rich of India and the public’s thinking about them. In a program he said that people in India are irritated by the rich. Our social ideology is responsible for this. We are a socialist country from the beginning, hence we oppose capitalism. Nitin Kamat’s net worth is estimated to be around Rs 470 crore.
Economic inequality is also a big issue in India
Nitin Kamat said at the TechSpark 2024 event in Bengaluru that there is a huge difference in the thinking of the people of India and America. We are a socialist country and America is a capitalist nation. Apart from this, economic inequality is also a big issue in India. Because of this, people look at the rich with hatred. In this program he was asked why Indians hate the rich. He said that we are trying to become capitalist from a socialist country. But, at heart we are all socialists. If economic inequality continues, this irritation for the rich will never end.
People’s opinions are divided on social media
Nitin Kamat suffered a heart attack in January. After that, for the first time he has come on a public platform. He said that the thinking of people in America is completely different from ours. After his views on the rich came to light, a debate broke out on social media. One user wrote that Indians see poverty as an honor. Another user expressed anger and said that the rich in India are becoming richer by not paying enough taxes. They are committing fraud and exploiting the poor and middle class. One user commented that people hate ultra rich people in America and also in India.
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