Rakesh Jhunjhunwala Biography, Net Worth, Family, Portfolio, Airlines, Death Cause

Rakesh Jhunjhunwala Biography In Hindi ,current portfolio ,Death,Passed Away ,stock portfolio, rakesh jhunjhunwala news ,company ,stock holding of rakesh Jhunjhunwala ,family ,Net worth

Rakesh Jhunjhunwala is an Indian investor and stock trader. Who was born on 5 July 1960 and died on 14 August 2022.

Investor Rakesh Jhunjhunwala passed away at the age of 62. On August 14, Jhunjhunwala was admitted to Breach Candy Hospital in Mumbai at 6:45 am. He was suffering from some disease for a long time.

The name of his company is ‘Rare Enterprises’, whose portfolio is managed by Rakesh himself. He is a Chartered Accountant by profession. During his early life, Rakesh grew up in an Agarwal family in Bombay, where his father worked as the Commissioner of Income Tax, Bombay. His family is from Jhunjhunu.

Rakesh Jhunjhunwala Biography
Rakesh Jhunjhunwala Biography

Rakesh Jhunjhunwala Biography

Real NameRakesh Jhunjhunwala
NicknameBig Bull, Warren Waffett of India
Date of Birth5 July 1960
Birth placeHyderabad, Telangana, India
Age60 Years
Date of Death04 August 2022
Place of DeathKandy Hospital, Mumbai
CollegeSydenham College of Commerce and Economics, Mumbai
UniversityInstitute of Chartered Accountants of India
EducationB.Com and Chartered Accountant
ProfessionInvestors, Traders, Businessmen, Chartered Accountants
Net Worth$4.3 billion

Who is Rakesh Jhunjhunwala?

Rakesh Jhunjhunwala, who is called “Big Bull” and “Warren Buffet” of India, is a stock market investor, since childhood, he was interested in investor and stock market, due to which he invested 5000 rupees in the business in his early stages. 000 crores and became the 48th richest person in India. Rakesh Jhunjhunwala runs a stock trading firm named ‘Rare Enterprises’. Where he manages his own portfolio.

Telegram Channel

Rakesh Jhunjhunwala Education

Rakesh Jhunjhunwala did his early studies from a very normal school. He then joined Sydenham College of Commerce and Economics for his commerce education in Mumbai. After completing his commerce education there, he decided to become a Chartered Accountant (CA).

Hence, he joined The Institute of Chartered Accountants of India to complete his CA studies.

Rakesh Jhunjhunwala started learning about the stock market while studying in college. After completing his college, he entered the stock market as an ordinary investor but is one of the biggest investors in India.

Rakesh Jhunjhunwala Family

Father’s NameRadheshyamji Jhunjhunwala
Mother’s NameUrmila Jhunjhunwala
Wife’s NameRekha Jhunjhunwala
Son’s NameAryaman Jhunjhunwala and Aryaveer Jhunjhunwala
Daughter’s NameNishtha Jhunjhunwala

Rakesh Jhunjhunwala Story

Born on July 5, 1960, Rakesh Jhunjhunwala used to listen to his father talking on the stock market with his friends when he was in school.

One day he asked his father why the share price goes up and down every day. Then his father explained to him that if he wants to understand about the stock market, then he will have to read newspapers daily and from there he will have to understand what is the reason due to which the stock market fluctuates.

Telegram Channel

When Rakesh Jhunjhunwala was completing his college studies, he thought of making a career in the stock market after completing his studies due to his tendency towards stocks. However, his father suggested him that he should first get a graduation degree from a college.

Rakesh Jhunjhunwala graduated as a Chartered Accountant from Sydenham College in 1985 as per the suggestion given by his father to Rakesh Jhunjhunwala.

When he got his college degree, he told his father that according to your mind, I have completed my college degree, can I make my career as an investor in the stock market.

Rakesh Jhunjhunwala was allowed by his father to make his career in the stock market, on only one condition, the father would not allow even 1 rupee to invest in the market and he also warned Rakesh by saying that he would take money from any of his friends or relatives and share the shares. will not invest in the market

Rakesh Jhunjhunwala broke down after hearing this from his father, but even after not getting the full support of his father, he did not stop, he decided to pursue his passion for the stock market without the help of his father and his share in the stock market journey. started.

Share market journey of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala jumped into the stock market in 1985 with his hard-earned deposit of Rs 5,000. And after some time when he saw a good opportunity to earn money in stock market.

To take advantage of this opportunity, he took Rs 1.25 lakh from one of his brother’s clients saying that he would make them a handsome profit of up to 18% as compared to the fixed deposit after some time and hearing this his brother His friends gave him money very comfortably while playing with a laugh.

Telegram Channel

This is how he initially added money for his stock market journey. He bought 5,000 shares of TATA Tea at Rs 43 each and within just 3 months the TATA Tea share rose from Rs 43 to Rs 143. Rakesh Jhunjhunwala sold the shares of TATA Tea and made a profit of more than 3 times from it.

Rakesh Jhunjhunwala had not yet entered the stock market for a long time, but still, in 1986, Rakesh Jhunjhunwala’s first big profit was Rs 5 lakh, which was a big profit in such a short time.

In the coming few years, Rakesh Jhunjhunwala made good profits from many stocks. With his experience during 1986-89 he made a profit of more than Rs.20 lakhs.

After some time Rakesh Jhunjhunwala realized the opportunity of big profits in Sesa Goa and made a big investment in it, at which time he made the biggest investment of his life by buying the shares of Sesa Goa, at that time the share of Sesa Goa was only 28 rupees. The stock went up to Rs.35 as he had predicted and in no time the stock reached Rs.65. He made huge profits in many similar stocks.

In the year 1989, when people were scared about the stock market going down after the budget, then Rakesh Jhunjhunwala’s experience of so many years came in handy and he invested a huge amount in the stock market with the hope of going up in the stock market. And it happened exactly as he had predicted, after the budget the market caught up and with such a boom, the net worth of Rakesh Jhunjhunwala went straight from 2 crores to 40-50 crores.

Rakesh Jhunjhunwala Current Portfolio

is an Indian investor and businessman and manages the property firm Rare Enterprises. A capable chartered accountant, he invests in both his name and that of his wife Rekha Jhunjhunwala.

These are shares of Rakesh Jhunjhunwala, as per shareholding data filed with the exchanges.

Stocks bought and sold by Rakesh Jhunjhunwala 2021

Stock holding of Rakesh Jhunjhunwala

SRStock NameShare PriceShare Quantity
1Lupin Ltd.+841.4 Cr72,45,605
2Edelweiss Financial Services Ltd.+80.3 Cr1,11,25,000
3Autoline Industries Ltd.+8.0 Cr17,51,233
4Fortis Healthcare Ltd.+782.2 Cr3,25,50,000
5Escorts Ltd.+765.0 Cr64,00,000
6Jubilant Pharmova Ltd.+735.8 Cr1,00,20,000
7Titan Company Ltd.+7,775.1 Cr4,49,00,970
8NCC Ltd.+670.5 Cr7,83,33,266
9Rallis India Ltd.+627.9 Cr1,93,05,820
10Anant Raj Ltd.+57.7 Cr1,00,00,000
11Jubilant Ingrevia Ltd.+531.8 Cr1,00,20,000
12Nazara Technologies Ltd.+507.4 Cr32,94,310
13Prakash Pipes Ltd.+5.8 Cr3,12,500
14The Mandhana Retail Ventures Ltd.+5.3 Cr28,13,274
15Federal Bank Ltd.+408.5 Cr4,72,21,060
16Tata Communications Ltd.+380.0 Cr29,50,687
17Multi Commodity Exchange of India Ltd.+377.0 Cr25,00,000
18TARC Ltd.+36.3 Cr1,00,00,000
19Delta Corp Ltd.+357.3 Cr2,00,00,000
20Indian Hotels Company Ltd.+356.3 Cr2,50,10,000
21Orient Cement Ltd.+34 Cr25,00,000
22Aptech Ltd.+233.8 Cr96,68,840
23TV18 Broadcast Ltd.+193.4 Cr4,45,60,000
24Prakash Industries Ltd.+19.0 Cr25,00,000
25Agro Tech Foods Ltd.+188.7 Cr20,03,259
26Karur Vysya Bank Ltd.+187.5 Cr3,59,83,516
27Va Tech Wabag Ltd.+180.6 Cr50,00,000
28Man Infraconstruction Ltd.+17.3 Cr30,00,000
29Geojit Financial Services Ltd.+137.6 Cr1,80,37,500
30Wockhardt Ltd.+132.2 Cr25,00,005
31VIP Industries Ltd.+126.6 Cr32,73,400
32D B Realty Ltd.+12.4 Cr50,00,000
33Bilcare Ltd.+12.1 Cr19,97,925
34Dishman Carbogen Amcis Ltd.+105.7 Cr50,00,000
35Prozone Intu Properties Ltd.+10.2 Cr31,50,000
36Tata Motors Ltd.+1,460.1 Cr4,27,50,000
37Crisil Ltd.+1,022.3 Cr39,75,000
38Dewan Housing Finance Corporation Ltd.+Below 1%
39Firstsource Solutions Ltd.+Below 1%
40GMR Infrastructure Ltd.+Below 1%
41Indiabulls Real Estate Ltd.+Below 1%
42Ion Exchange (India) Ltd.+
43Spicejet Ltd.+

Investment Strategy

Rakesh Jhunjhunwala believes in learning from his mistakes. According to him, the biggest reason behind what he is today is that he has always learned a lot from his mistakes, due to which he has become a better investor today.

According to them, when they buy shares of a wrong company and sometimes they suffer loss, then they do not impose the blame of their mistake on the promoters of the companies.

According to him, he gives his mistakes only to himself because he made a mistake in identifying the company and the promoter of the company and with this he believes that it is very important to investigate thoroughly before investing in the stock market.

Telegram Channel

This is the strategy that will take you up in the stock market. Jhunjhunwala says that what he has learned from the ups and downs in his life, he tries to make money in trading and invest it in stocks.

Rakesh Jhunjhunwala Net Worth

Net Worth 2021$4.2 Billion
Net Worth In Indian Rupees31320 Crores
Monthly Income And Salary100 Crore+
Annual  Income1120 Crore+

Rakesh Jhunjhunwala Death

Noted investor Rakesh Jhunjhunwala passed away at the age of 62, Jhunjhunwala was admitted to Mumbai’s Breach Candy Hospital at 6:45 am on Sunday (August 14). He was suffering from some disease for a long time.

Doctors at Beach Kandy Hospital confirmed that he was brought dead at the hospital. PM Narendra Modi took to Twitter to condole the sudden demise of Jhunjhunwala.

He wrote, “Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he left an indelible contribution to the financial world. He was also very passionate about the progress of India. His death is sad. My condolences to his family and fans.

Also Read

Nirmala Mishra Biography, Husband, Child, Career, Family, Awards

Leave a Comment