Meet Mumbai man with Rs 1200 first pay who built Rs 11500 crore empire; not Dilip Sanghvi, Gautam Singhania

Written By DNA Web Team | Updated: Aug 11, 2023, 08:09 AM IST

Hemendra Kothari runs a hospital called the DS Kothari Hospital. (File)

Hemendra Kothari founded the firm in 2008 in partnership with BlackRock.

Hemendra Kothari is one of the country's most prominent investment bankers. He has assets worth 15 billion dollars under management. He is the chairperson of DSP Investment.

Kothari founded the firm in 2008 in partnership with BlackRock. The company, however, bought their stake after ten years.

Kothari had started his innings from DSP Financial Consultants in 1975. He partnered with Merrill Lynch in 1995. He sold his 57 percent stake. 

He is a wildlife enthusiast. His great-grandfather was one of the founders of the Bombay Stock Exchange.

He started his first job in a textile mill.

He is a graduate from Mumbai's Sydenham College. His first paycheck was reportedly Rs 1200.

He is considered one of the richest people of Mumbai. 

His net worth is Rs 11577 crore.

He runs a hospital called the DS Kothari Hospital. His Wildlife Conservation Trust works in the field of tiger protection.

His daughter, Aditi Kothari Desai, is the vice-chairperson and head of sales at DSP.