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Zerodha CEO Nithin Kamath warns wealth inequality is heading toward a social cliff
Business
Published on 26 April 2026
Asset prices and AI could make the gap worse fast
Zerodha CEO Nithin Kamath says global wealth inequality is tightening under an “asset price trap” since the post-2008 era, with the top 1% and even more sharply the top 0.1% gaining most. He adds that AI may automate wealth creation further. Without wealth “in motion” for social good, he warns social cohesion could fray into instability.
- Kamath compares today’s economy to driving toward a cliff with brakes cut
- Post-2008 asset price gains disproportionately benefit the already wealthy
- AI could worsen inequality by accelerating automated wealth creation
- He urges putting capital into outcomes that materially improve lives
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This summarization was done by Beige for a story published on 
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