Yatin Shah stands out as a visionary entrepreneur who has successfully bridged two vastly different sectors—wealth management and precision engineering. As the Co-Founder and Joint CEO of 360 ONE Wealth (formerly IIFL Wealth Management) and the Co-Founder of Precision Camshafts Limited (PCL), Shah has demonstrated unparalleled leadership and business acumen. His story is one of dedication, strategic thinking, and a relentless pursuit of excellence.
This detailed exploration of Yatin Shah biography delves into his age, net worth, family, professional journey, and current news shaping his illustrious career.
Yatin Shah Biography
Yatin Shah was born into a traditional Marwari family known for their entrepreneurial spirit. His upbringing instilled a strong work ethic and a keen understanding of business. Shah pursued higher education at Cass Business School in London, earning a Master of Science (MSc) in Finance. Armed with this academic foundation, he returned to India to embark on a professional journey that would leave a lasting impact on multiple industries.
| Category | Details |
|---|---|
| Full Name | Yatin Shah |
| Profession | Co-Founder & Joint CEO of 360 ONE Wealth; Co-Founder of PCL |
| Known For | Contributions to wealth management and precision engineering |
| Nationality | Indian |
| Community | Marwari |
| Educational Qualification | MSc in Finance |
| Alma Mater | Cass Business School, London |
| Career Start | Equity Research at Khandwala Securities |
| Companies Founded | 360 ONE Wealth, Precision Camshafts Limited |
| Core Values | Client-centric solutions, innovation, social responsibility |
| Global Achievements | PCL expansions in Europe and Asia |
| Net Worth | ₹1,433 crore ($172 million) as of 2024 |
| Spouse | Ami Shah (Entrepreneur) |
| Children | Two (a son and a daughter) |
| Hobbies | Fitness, skiing, philanthropy |
Professional Journey: From Finance to Engineering
Early Career
Yatin Shah began his career in equity research at Khandwala Securities, followed by a pivotal role at Kotak Wealth Management. These positions gave him invaluable insights into wealth management and the needs of high-net-worth individuals (HNIs).
In 2011, Shah co-founded IIFL Wealth Management, which later rebranded to 360 ONE Wealth in 2024. The firm quickly became one of India’s leading wealth management companies, managing over ₹3.27 lakh crore ($24 billion) in assets.
Precision Camshafts Limited (PCL)
Parallel to his success in finance, Shah ventured into the precision engineering industry by co-founding Precision Camshafts Limited (PCL). Headquartered in Solapur, Maharashtra, PCL manufactures camshafts for global automotive giants like Ford, General Motors, and Hyundai.
Through strategic acquisitions, such as MEMCO Engineering and MFT Motoren und Fahrzeugtechnik, PCL has expanded its presence across Europe and Asia, further solidifying its reputation as a leader in precision engineering.
Yatin Shah Age
As of November 2024, Yatin Shah is in his late 40s. Despite his age, Shah’s youthful energy and innovative mindset continue to drive his dual-sector success. His ability to anticipate industry trends and adapt to changing market dynamics has kept him at the forefront of both wealth management and precision engineering.
Yatin Shah Net Worth
Yatin Shah’s entrepreneurial endeavors have led to significant financial success. His estimated net worth in 2024 is ₹1,433 crore ($172 million), derived primarily from his stakes in 360 ONE Wealth and PCL.
Breakdown of Wealth Sources
| Source | Details |
|---|---|
| Equity Holdings | Major shareholder in 360 ONE Wealth |
| PCL Revenues | Profits from global camshaft manufacturing |
| Real Estate Investments | Duplex penthouse in Worli, Mumbai (₹158.5 crore) |
| Other Investments | Strategic diversification in assets |
Shah’s wealth reflects his strategic investments and ability to excel in vastly different industries.
Yatin Shah Family
Yatin Shah’s family is a cornerstone of his personal and professional life.
- Spouse: Shah is married to Ami Shah, a dynamic entrepreneur who shares his passion for philanthropy.
- Children: The couple has two children—a son and a daughter.
- Family Values: Shah often credits his Marwari upbringing for shaping his business ethics and dedication to community welfare.
Ami Shah actively supports initiatives related to education, healthcare, and women’s empowerment, aligning closely with the family’s philanthropic goals.
Yatin Shah and Solapur
Shah’s connection to Solapur, the headquarters of PCL, runs deep. He has played a pivotal role in transforming the region into an industrial hub, creating employment opportunities and driving economic growth.
Shah’s efforts have not only advanced precision engineering in India but also contributed to the technological and infrastructural development of Solapur.
360 ONE Wealth: Redefining Wealth Management
Under Yatin Shah’s leadership, 360 ONE Wealth has become synonymous with innovative and client-centric wealth management solutions. The firm focuses on ultra-high-net-worth clients, offering tailored financial plans that align with their unique goals.
Recent innovations include:
- Alternative Investments: A growing focus on private equity and alternative assets.
- Digital Transformation: Enhanced client experiences through technology integration.
- Sustainability: Investment solutions aligned with environmental, social, and governance (ESG) principles.
Yatin Shah and Philanthropy
Shah’s philanthropic efforts span education, healthcare, women’s empowerment, and child welfare. He regularly collaborates with organizations that aim to uplift underprivileged communities, particularly in regions like Solapur.
Current News: November 2024
Yatin Shah is making headlines for several reasons:
- PCL’s Global Expansion: Securing new contracts with leading automotive firms.
- 360 ONE Wealth’s Innovations: Launching bespoke solutions for ultra-high-net-worth clients.
- Real Estate Milestone: Acquiring a luxurious duplex penthouse in Worli, Mumbai, for ₹158.5 crore.
These developments underscore Shah’s continued influence in shaping India’s financial and industrial landscapes.
Future Outlook
Yatin Shah’s dual-sector expertise positions him as a leader with a forward-thinking vision. As he continues to expand his enterprises and contribute to community development, Shah’s legacy will undoubtedly inspire the next generation of entrepreneurs.
Conclusion
Yatin Shah biography is a story of innovation, perseverance, and a commitment to excellence. His achievements in wealth management and precision engineering reflect his ability to excel in vastly different domains, while his philanthropic efforts showcase his dedication to giving back to society.
As he continues to push boundaries and redefine industry standards, Yatin Shah remains a shining example of visionary leadership in India’s entrepreneurial landscape.