Shailja Mishra
Yatin Shah is a name synonymous with entrepreneurial success in both the financial services and precision engineering sectors in India. As the Co-Founder and Joint CEO of 360 ONE Wealth (formerly IIFL Wealth Management) and a driving force behind Precision Camshafts Limited (PCL), Shah’s career embodies a unique blend of finance and manufacturing expertise. With a career spanning over two decades, his achievements have significantly influenced India’s wealth management landscape while also fostering industrial growth in Solapur, Maharashtra. This article provides an in-depth look at Yatin Shah’s life, professional accomplishments, and his impact on both sectors.
Yatin Shah Biography
Yatin Shah’s journey into entrepreneurship is deeply rooted in his educational and professional experiences. He grew up in a Marwari family, known for their entrepreneurial spirit. His academic journey took him to Cass Business School in London, where he earned a Master of Science in Finance. Upon returning to India, he ventured into financial services, working initially in equity research at Khandwala Securities. His career took a significant leap forward when he joined Kotak Wealth Management, where he gained vital experience in understanding the intricacies of wealth management and the needs of high-net-worth individuals (HNIs).
| Category | Details |
|---|---|
| Full Name | Yatin Shah |
| Profession | Co-Founder and Joint CEO of 360 ONE Wealth; Co-Founder of Precision Camshafts Limited (PCL) |
| Known For | Contributions to wealth management and precision engineering in India |
| Nationality | Indian |
| Community | Marwari |
| Educational Qualification | Master of Science (MSc) in Finance |
| Alma Mater | Cass Business School, London |
| Career Start | Equity Research at Khandwala Securities; later joined Kotak Wealth Management |
| Notable Companies Founded | 360 ONE Wealth (formerly IIFL Wealth Management, founded in 2011); Precision Camshafts Limited (PCL) |
| Major Business Sectors | Financial services (Wealth Management) and Precision Engineering (Automotive Components) |
| Company Achievements | 360 ONE Wealth: Manages ₹3.27 lakh crore ($24 billion) in assets; PCL: Global supplier for auto giants like Ford and Hyundai |
| Net Worth | Estimated at ₹1,433 crore ($172 million) as of 2024 |
| Notable Property | Duplex penthouse in Worli, Mumbai, purchased for ₹158.5 crore |
| Spouse | Ami Shah (Entrepreneur) |
| Children | Two (a son and a daughter) |
| Hobbies | Fitness enthusiast (runs half-marathons, works out regularly), skiing |
| Philanthropy Focus | Education, healthcare, women’s empowerment, and child welfare |
| Core Business Values | Client-focused wealth strategies, innovative financial solutions, corporate social responsibility |
| Global Expansion | PCL expanded in Europe and Asia through acquisitions like MEMCO Engineering and MFT Motoren und Fahrzeugtechnik |
| Connection to Solapur | PCL’s headquarters in Solapur; major contributions to local economy and job creation |
| Major News (November 2024) | PCL secures new contracts with global automotive firms; 360 ONE Wealth launches tailored solutions for ultra-high-net-worth clients |
| Wikipedia Status | No dedicated Wikipedia page yet, but widely covered in business media |
| Inspirational Quote | “Success in both finance and manufacturing lies in understanding the needs of clients and delivering value through innovation.” |
| Future Outlook | Continued expansion and influence in both financial services and engineering sectors |
In 2011, Yatin co-founded IIFL Wealth Management, which has since rebranded as 360 ONE Wealth. The company was established with the goal of providing personalized and innovative wealth management solutions to India’s wealthy families. Shah’s leadership and vision have been instrumental in propelling the firm to manage assets worth over ₹3.27 lakh crore ($24 billion).
Yatin Shah Age
As of November 2024, Yatin Shah is in his late 40s. His youthful yet experienced leadership style has been a key factor in the dynamic growth of 360 ONE Wealth and Precision Camshafts. Despite his age, Shah continues to actively shape the strategic direction of both companies, demonstrating a forward-thinking approach to business and finance.
Yatin Shah Net Worth
Yatin Shah’s financial success is well-documented, with an estimated net worth of ₹1,433 crore ($172 million) as of 2024. His wealth comes from multiple streams, primarily his equity stake in 360 ONE Wealth and Precision Camshafts Limited. In addition to his business interests, Shah has invested in high-value real estate, including a luxurious duplex penthouse in Worli, Mumbai, purchased for a staggering ₹158.5 crore earlier this year. This property investment reflects his strategic approach to diversifying his asset base while enjoying a high standard of living.
Yatin Shah Family
Family is an integral part of Yatin Shah’s life. He belongs to a traditional Marwari family, and his upbringing has influenced his values and work ethic. Shah is married to Ami Shah, an accomplished entrepreneur. The couple has two children—a son and a daughter. His family is known to be close-knit, often accompanying him in philanthropic and community-oriented initiatives. Ami Shah, in particular, has been active in supporting causes related to education and healthcare, aligning with the family’s belief in giving back to society.
Yatin Shah Wife
Ami Shah, Yatin Shah’s wife, is also a prominent entrepreneur, contributing significantly to various social causes. The couple is frequently seen supporting initiatives related to women’s empowerment and child welfare. Ami’s business acumen complements Yatin’s, and together, they have built a strong foundation for their family and professional ventures.
Yatin Shah and Precision Camshafts
Apart from his success in wealth management, Yatin Shah is also one of the co-founders of Precision Camshafts Limited (PCL), based in Solapur. PCL specializes in manufacturing camshafts and has grown to become a global supplier, partnering with automotive giants like Ford, General Motors, and Hyundai. Under Shah’s leadership, PCL has expanded its global footprint by acquiring strategic businesses, such as MEMCO Engineering and MFT Motoren und Fahrzeugtechnik in Germany. These acquisitions have allowed the company to diversify its product offerings and increase its market reach, especially in Europe and Asia.
Yatin Shah and Solapur
Yatin Shah’s connection to Solapur runs deep, as the city serves as the headquarters for Precision Camshafts. He has been instrumental in transforming Solapur into a significant hub for automotive component manufacturing. PCL’s operations have not only brought technological advancements to the region but also generated employment opportunities, boosting the local economy. Shah often emphasizes the importance of corporate social responsibility, and his initiatives in Solapur have been well-received by the community.
Yatin Shah and IIFL
Yatin Shah’s financial prowess is perhaps best exemplified through his co-founding of IIFL Wealth, now known as 360 ONE Wealth. The rebranding in 2024 marked a new era for the company, emphasizing a holistic approach to wealth management. Shah has been instrumental in introducing client-centric solutions that blend traditional investment strategies with innovative approaches. His work focuses on understanding client needs and offering bespoke financial plans that cater to their long-term goals. His leadership style, which values client trust and relationship-building, has earned him immense respect in the financial community.
Yatin Shah Wikipedia
Although Yatin Shah does not have a dedicated Wikipedia page as of now, his extensive achievements are widely covered in business profiles and news articles. His work in both the wealth management and engineering sectors is well-documented, and he is frequently cited in reports on India’s economic and industrial growth. As his influence continues to expand, it is likely that a comprehensive Wikipedia entry will soon be created.
Current News November 2024
In November 2024, Yatin Shah has been making headlines for several reasons. Firstly, Precision Camshafts has secured new contracts with international automotive manufacturers, signaling a strong year ahead for the company. Additionally, 360 ONE Wealth continues to innovate, launching new wealth management solutions tailored for ultra-high-net-worth clients. Shah’s recent property acquisition in Worli has also been the talk of the town, reflecting his status as one of India’s most affluent and influential entrepreneurs.
Conclusion
Yatin Shah’s career is a testament to his exceptional vision and leadership skills. From co-founding a top-tier wealth management firm to spearheading global expansions in precision engineering, he has left an indelible mark on both sectors. His story is one of ambition, innovation, and a deep-rooted commitment to excellence, inspiring many in the world of business and finance. As he continues to grow his enterprises and make strategic investments, Shah remains a key figure in shaping India’s industrial and financial landscape.
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