Karthik Sarma, a 48-year-old self-made entrepreneur, has emerged as one of the youngest and most successful businessmen in India. Despite his immense wealth and remarkable achievements, Sarma prefers to stay away from the public eye and maintains a modest lifestyle, setting himself apart from the flamboyant billionaire persona.
After obtaining his engineering degree from the prestigious Indian Institute of Technology (IIT), Madras, Sarma pursued higher studies in the United States, where he earned a Master’s in Science from Princeton University. In 1998, he kick-started his career with the renowned global consulting firm, McKinsey & Company, before later joining Tiger Global Management, where he steadily climbed the ranks and eventually became the Managing Director.
In 2006, Sarma took the entrepreneurial plunge and founded SRS Investment, which has now grown into a colossal firm managing a staggering portfolio of around $10 billion (over Rs 82,600 crore) as of today. However, the real turning point in Sarma’s financial journey came in 2010 when his firm made a strategic move, investing in the stock of a car rental company called Avis. This bold bet paid off immensely, with the value of the investment skyrocketing by a staggering 456 percent in just 11 years.
The colossal success of this single investment shot Karthik Sarma’s net worth to an impressive Rs 24,000 crore ($2.9 billion) in 2023, making him one of the world’s leading hedge fund managers and a billionaire. It is worth noting that Sarma’s journey to the top was not always smooth sailing, and during his early career, he was even labeled as the “most non-talented partner” by some. However, his relentless dedication and the strategic vision he displayed through the years have proven all skeptics wrong.
The inspirational tale of Karthik Sarma serves as a shining example of how astute decision-making and hard work can lead to unparalleled success in the business world. With a reputation that continues to grow and his firm’s impressive portfolio, Sarma remains an influential figure, demonstrating that India has no shortage of young and accomplished entrepreneurs who can compete on the global stage.