Rakesh JhunJhunwala – Biography, Age, Height, Spouse, Education, Affairs, Networth, Awards and More 

Rakesh Jhunjhunwala was an Indian billionaire business magnate, stock trader, and investor. He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986. At the time of his death, he had an estimated net worth of $5.8 billion, making him the 438th richest person in the world

Jhunjhunwala was born on 5 July 1960 and grew up in a Rajasthani Marwari family, in Bombay, where his father worked as a Commissioner of Income Tax. His surname indicates that his ancestors belonged to Jhunjhunu in Rajasthan. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants Of India 

He managed his own portfolio as a partner in his asset management firm, Rare Enterprises. Besides being an active investor Jhunjhunwala was the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sat on the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited, and Tops Security Limited. He was also a member of the Board of Advisers of India’s International Movement to Unite Nations (I.I.M.U.N)

Check to know more about Rakesh Jhunjhunwala Wiki, Girlfriend, Car Collection, Family, Biography, Father, Mother, Affairs,  Height, Weight, Age, Children, Siblings, Net Worth,  Movies List, Caste, Wife, Facts, Occupation, Education, Parents, Wikipedia, Awards & More. The videos had become popular throughout the nation.

Entering the stock market world

 Mr. Rakesh Jhunjhunwala entered the stock market with just Rs 5,000 in 1985. At that time, Sensex was at 150 points (currently Sensex is hovering at 58,500 points).

Nevertheless, soon Rakesh Jhunjhunwala was able to take an amount of Rs 2.5 lakhs from one of his brother’s clients by promising to give higher returns compared to the fixed deposits.

Rakesh Jhunjhunwala’s first big profit was Rs 0.5 million in 1986. He bought 5,000 shares of Tata Tea at Rs 43 and within 3 months it was trading at Rs 143. He made a profit of over 3 times by selling the stocks of Tata tea.

In the next few years. Rakesh Jhunjhunwala made a number of good profits from stocks. Between 1986-89, he earned Rs 20-25 lakhs. His next big investment was Sesa Goa, which he initially bought at Rs 28 and then increased his investment to Rs 35. Soon, the stock rallied to Rs 65.

Multi-baggers stocks in Rakesh Jhunjhunwala’s Portfolio

Rakesh Jhunjhunwala manages a privately owned stock trading firm called ‘RARE Enterprises’. The name is derived from the first two initials of his name and his wife Mrs. Rekha Jhunjhunwala.

During his long career in the stock market, Rakesh Jhunjhunwala invested in a number of multi-bagger stocks

In 2002-03, Rakesh Jhunjhunwala bought ‘Titan Company Limited’ at an average price of Rs 3, and currently, it is trading at a price of Rs 2140. He is holding over 4.4 crore shares of titan company. He has an ‘overall’ holding of 5.1% in the company as of March 2022

In 2006, he invested in LUPIN and his average purchase price was Rs 150. Today, LUPIN is trading at Rs 635. A few other multi-baggers in Rakesh Jhunjhunwala’s portfolio are CRISIL, PRAJ IND, Aurobindo Pharma, NCC, etc.

In a recent turn of events, Rakesh Jhunjhunwala once again made headlines for making 50 crores in just 8 days.


Facts about Rakesh Jhunjhunwala

Rakesh Jhunjhunwala started getting interested in the stock market during his college days. However, once he completed his CA from the Institute of Chartered Accountants of India, he decided to get involved full-time in the stock market. He started his career in the stock market in 1985 where he invested Rs 5,000 as his first capital. Today, his net worth is over Rs 40,000 Cr as of 2022.

Rakesh Jhunjhunwala, also known as Big Bull in India, is currently extremely bullish on the long-term growth of the Indian Economy and the Indian Equity Market. However, Rakesh Jhunjhunwala was once a bear in the Harshad Mehta days and made a lot of money by shorting stocks post-Harshad Mehta Scam 1992. He was part of the Bear Cartel during that time along with other bears like Manu Manek and RK Damani.

Rakesh Jhunjhunwala entered the three stocks — Nalco, Canara Bank, and Indiabulls Real Estate — in the September 2021 quarter and two stocks — Star Health and Allied Insurance and Metro Brands — in the December 2021 quarter. Prior to it, Steel Authority of India Limited or SAIL was another new company in which Big Bull Rakesh Jhunjhunwala bought a fresh stake in April to June 2021 quarter. In addition, Rakesh Jhunjhunwala has also invested in Akasa Air this year, to enter the airline industry.

Rakesh Jhunjhuwala-backed airline is known as Akasa Air. He is the co-founder of the newest airline and owns 40% of the company, along with Aditya Ghosh, former President of Indigo who will have a 10 percent stake in Akasa Air. The airline will start operations in July 2022 and is planning for ultra-low-cost domestic flights.

Biography/Profile of Rakesh Jhunjhunwala

NAME :Rakesh Jhunjhunwala

AGE:62 years as per 2022

DATE OF BIRTH:5 July 1960





BIRTH PLACE :Rajasthan


SPOUSE :Rekha Jhunjhunwala

DEATH:14 August 2022

Rakesh Jhunjhunwala's Education Qualifications

Rakesh Jhunjhunwala also expressed his wish to pursue a career in the stock market. However, his father suggested he to first get a graduate degree from a college. Rakesh Jhunjhunwala graduated from Sydenham College in 1985 as a chartered accountant of India 

Rakesh Jhunjhunwala’s qualifications include Chartered Accountants from The Institute of Chartered Accountants of India and B.Com from the University of Mumbai. By profession, Rakesh Jhunjhunwala is a Stock Market investor and trader. He also owns his private stock trading firm known as Rare Enterprises.


Early Life of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala consistently used to hear his father discussing the stock market with his friends. As he was very curious about stocks, so once he asked his father why the stock price fluctuates daily. His father suggested him to read newspapers as its the news that makes the price of stocks fluctuate.

Rakesh Jhunjhunwala’s qualifications include Chartered Accountants from The Institute of Chartered Accountants of India and B.Com from the University of Mumbai. By profession, Rakesh Jhunjhunwala is a Stock Market investor and trader. He also owns his private stock trading firm known as Rare Enterprises.

After graduation, he again discussed his career goal as a stock market investor with his father. To this, his father replied that he is permitted to pursue any career. However, he also added that he’s not going to give him any money, nor he can ask for the initial capital from any of his father’s friends.

Rakesh Jhunjhunwala spouse/wife/Marital status/Kids/Sons/Daughters

  Rakesh Jhunjhunwala is married to Rekha Jhunjhunwala since February 1987.  Rekha Jhunjhunwala also co-owns Rare Enterprises, which is the privately owned stock trading firm of Rakesh Jhunjhunwala. 

  Rakesh Jhunjhunwala married Rekha Jhunjhunwala on 22 February 1987. The couple has three children together. Their daughter Nishtha was born on 30 June 2004. Their twin sons Aryaman and Aryaveer were born on 2 March 2009.

Last moments of Rakesh Jhunjhunwala

  On 14 August 2022, Rakesh felt some uneasiness in his health, due to which he was rushed to Breach Candy Hospital in Mumbai He died at around 6:30 am later that morning. Doctors reported that he also suffered from kidney-related problems and acute multiple organ failure.Indian prime minister Narendra Modi shared his condolences stating, “Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening.

Rakesh Jhunjhunwala's Money Factor/Income

 Rakesh Jhunjhunwala’s net income is worth $5.1 Billion (Over Rs 40,000 Cr) as of July 2022, according to Forbes. He makes the majority of his income by trading and investing in the stock market in his name or through his privately owned stock trading firm Rare Enterprises. Rakesh Jhunjhunwala has holdings worth over Rs 21,000 crore in different Indian companies like Titan Company, CRISIL, Tata Motors, Escorts, Fortis Healthcare, Nazara Technologies, and many more.

The answers of the following questions are mentioned clearly for your better experience . The Questions are –

1)How did Rakesh starts his career?

2)Is Rakesh is a Bull or Bear?

3)What is Rakesh is buying?

4)What is Rakesh Airlines name?

THANKS FOR VISITING OUR CHANNEL PLEASE BE VISITED FOR THE NEXT TIME. Our crew is trying hard to give much more good experience to you 

If u like this work done by us please share this with your family and friends. Keep supporting us . Have a nice day .