A single bet worth a whopping $2 billion catapulted IIT alumnus Karthik Sarma into one of India’s youngest billionaires. Despite his massive wealth and inspiring success story, Sarma stays away from the limelight and is not a flamboyant billionaire. Sarma made as much as $2 billion from a single bet in 2021, nearly a decade and a half afterbeginning his company. He has made his name as one of the world’s leading hedge fund managers and commands a net worth of nearly Rs 24,000 crore ($2.9 billion) in 2023. In 2006, Sarma founded SRS investment which today manages a portfolio of around $10 billion (over Rs 82,600 crore) today.

Source: dna August 06, 2023 08:09 UTC