About Rakesh Jhunjhunwala
- Investor with a Midas touch, Rakesh Jhunjhunwala, who passed away in August 2022, was often referred to as India's Warren Buffett.
- Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college.
- He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 50,000.
- The most valuable listed holding in his portfolio at the time of his death was watch and jewellery maker Titan, part of the Tata conglomerate.
- Jhunjhunwala's early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies listed in 2021.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
- Source of Wealth
- investments, Self Made
- Citizenship
- India
- Education
- Chartered Accountant, The Institute of Chartered Accountants of India; B.Com, University of Mumbai
Did you know
His privately owned stock trading firm Rare Enterprises, derives its name from the first two initials of his name and his wife Rekha's name.
Jhunjhunwala was an investor in new, low-cost airline Akasa Air, which launched in August 2022.
A movie buff, Jhunjhunwala has coproduced several Bollywood films.
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