Table of Contents
Yatin Shah is a name that resonates with success across two significant industries—wealth management and precision engineering. As the Co-Founder and Joint CEO of 360 ONE Wealth (formerly IIFL Wealth Management) and Co-Founder of Precision Camshafts Limited (PCL), Shah exemplifies the blend of financial acumen and industrial innovation. His journey is a remarkable testament to entrepreneurial excellence, strategic foresight, and a commitment to societal impact.
This article offers a comprehensive look at Yatin Shah biography, covering his age, net worth, family, wife, and his dual-sector achievements.
Yatin Shah Biography
Born into a traditional Marwari family known for their entrepreneurial roots, Yatin Shah grew up with a strong foundation in business values and ethics. His early exposure to commerce and a global education gave him the tools to excel in both finance and engineering.
Shah completed his Master of Science (MSc) in Finance from Cass Business School, London, a prestigious institution that shaped his understanding of global markets. Upon returning to India, he embarked on a professional journey that would lead him to revolutionize wealth management and precision engineering.
Category | Details |
---|---|
Full Name | Yatin Shah |
Profession | Co-Founder & Joint CEO of 360 ONE Wealth; Co-Founder of PCL |
Known For | Transformative impact in wealth management and engineering |
Nationality | Indian |
Educational Background | MSc in Finance from Cass Business School, London |
Community | Marwari |
Career Start | Equity research at Khandwala Securities |
Major Companies Founded | 360 ONE Wealth, Precision Camshafts Limited (PCL) |
Net Worth | ₹1,433 crore ($172 million) |
Spouse | Ami Shah |
Children | Two (a son and a daughter) |
Hobbies | Fitness, skiing, philanthropy |
Philanthropy Focus | Education, healthcare, child welfare, women’s empowerment |
Early Career and Milestones
In Wealth Management
Yatin Shah began his career in equity research at Khandwala Securities, where he gained an in-depth understanding of financial markets. He later joined Kotak Wealth Management, working closely with high-net-worth individuals (HNIs). His experience there laid the foundation for his foray into wealth management.
In 2011, Shah co-founded IIFL Wealth Management, which rebranded as 360 ONE Wealth in 2024. The firm rapidly grew into one of India’s premier wealth management companies, managing assets worth over ₹3.27 lakh crore ($24 billion).
In Precision Engineering
In parallel, Yatin Shah co-founded Precision Camshafts Limited (PCL), headquartered in Solapur, Maharashtra. The company specializes in manufacturing camshafts and other automotive components, serving global giants such as Ford, Hyundai, and General Motors.
Strategic acquisitions, such as MEMCO Engineering and MFT Motoren und Fahrzeugtechnik, enabled PCL to expand its global footprint, particularly in Europe and Asia. These moves diversified the company’s product portfolio and reinforced its reputation as a global leader in precision engineering.
Yatin Shah Age
As of November 2024, Yatin Shah is in his late 40s. His unique ability to lead two thriving companies simultaneously highlights his energy, vision, and strategic thinking.
Yatin Shah Net Worth
Yatin Shah’s financial success is the result of his entrepreneurial ventures and astute investments. His estimated net worth is ₹1,433 crore ($172 million) as of 2024, derived from his stakes in 360 ONE Wealth and PCL.
Income Sources | Details |
---|---|
Wealth Management | Equity holdings in 360 ONE Wealth |
Precision Engineering | Revenue and profits from PCL operations |
Real Estate | Duplex penthouse in Worli, Mumbai, valued at ₹158.5 crore |
Other Investments | Diversified asset portfolio |
This wealth reflects Shah’s ability to identify lucrative opportunities in both financial and industrial domains.
Yatin Shah Family
Yatin Shah credits much of his success to the support of his family.
- Spouse: He is married to Ami Shah, an entrepreneur and philanthropist actively involved in social causes such as education and women’s empowerment.
- Children: The couple has two children—a son and a daughter—who share their parents’ values of hard work and compassion.
- Family Values: A traditional Marwari upbringing instilled in Shah the importance of ethics, perseverance, and community welfare.
360 ONE Wealth: Transforming Financial Services
Under Yatin Shah’s leadership, 360 ONE Wealth has redefined wealth management in India. The firm focuses on ultra-high-net-worth clients, providing bespoke financial solutions that align with their unique goals.
Key Innovations:
- Alternative Investments: Pioneering solutions in private equity and ESG-focused portfolios.
- Technology Integration: Advanced digital platforms for seamless client interaction.
- Global Perspective: Strategies designed for diversified international investments.
These innovations have solidified 360 ONE Wealth’s position as a leader in the financial services sector.
Precision Camshafts Limited (PCL): Driving Industrial Growth
PCL, under Yatin Shah’s guidance, has become a global leader in automotive components. The company’s partnerships with major automakers and strategic acquisitions have expanded its reach.
Key Achievements:
- Collaborations with global automotive giants like Ford and Hyundai.
- Expansion into Europe and Asia through acquisitions.
- Contributions to the local economy in Solapur, creating jobs and boosting industrial growth.
Philanthropic Initiatives
Yatin Shah’s commitment to giving back is evident in his extensive philanthropic efforts. His initiatives focus on:
- Education: Supporting schools and scholarships for underprivileged children.
- Healthcare: Funding hospitals and health camps in rural areas.
- Women’s Empowerment: Programs aimed at skill development and financial independence for women.
Current News: November 2024
Key Highlights:
- PCL Expansion: Secured new contracts with global automotive firms, ensuring strong growth for the coming year.
- 360 ONE Wealth Innovations: Launched exclusive wealth management solutions for ultra-high-net-worth individuals.
- Real Estate Acquisition: Purchased a luxurious duplex penthouse in Mumbai’s Worli district for ₹158.5 crore, further cementing his status among India’s elite.
These developments underscore Yatin Shah’s continued influence across multiple industries.
Future Outlook
Yatin Shah’s vision for the future is centered on growth, innovation, and sustainability. He aims to:
- Expand PCL’s presence in emerging markets.
- Introduce advanced investment strategies at 360 ONE Wealth.
- Increase philanthropic initiatives, particularly in education and healthcare.
Conclusion
Yatin Shah biography showcases an inspiring journey of ambition, innovation, and social responsibility. From managing billions in assets at 360 ONE Wealth to leading global expansions at PCL, Shah exemplifies the power of entrepreneurial vision.
As he continues to make strides in both wealth management and precision engineering, Yatin Shah stands as a beacon of excellence, inspiring future generations of entrepreneurs to think big and act boldly. His story is a testament to the impact one individual can make across industries and communities.