World’s Richest Banker Made $16 Billion After a Brush With Death
- India’s Uday Kotak now has a net worth of $16 billion
- Kotak Mahindra Bank shares are up more than peers this year
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If it weren’t for a cricket accident that almost killed him, Uday Kotak probably wouldn’t be the world’s richest banker.
A ball that hit him in the head and led to an emergency surgery pushed a 20-year-old Kotak to abandon his dream of becoming a professional player. After a brief stint at the family’s cotton-trading business, he went on to pursue his MBA at the prestigious Jamnalal Bajaj Institute of Management Studies in Mumbai before starting out in finance in 1985 at the age of 26.