Rakesh Jhunjhunwala Profile/ Biography, DOB, Age, Height, Bio, Family, Wife, Net worth

> <
  • Rakesh Jhunjhunwala - images
  • Rakesh Jhunjhunwala - images

Rakesh Jhunjhunwala (Rakesh)

Last Updated: 23 Aug, 2022 | Views: 127

Age: 62

Profession: Business Men

Other Profession(s): Investor

Higher Education: A Chartered Accountant

Birth Date, Sign & Religion Details

Date of Birth
05 Jul, 1960
Birth Country
India
Birth State/Province
Telangana
Birth District
Hyderabad
Birth Sign
Cancer
Religion
Hinduism
Nationalities
Indian
Died on
14 Aug, 2022
Cause of Death
Heart Attack

About Rakesh Jhunjhunwala

About (Profile/Biography):

Rakesh Jhunjhunwala, well known as “Big Bull of India” was born on 5 July 1960 in Mumbai into a Rajasthani Marwari family. His father worked as an Income Tax Commissioner. In addition to being a billionaire business magnate, he was an investor and stock trader. According to his estimated net worth, he was the 438th richest person in the world when he died. As a partner of Rare Enterprises, he managed his assets. Additionally, he was chairman and director of several companies and an active investor. In addition, he founded Akasa Air. An investigation was conducted into his insider trading in 2021, and he was subsequently settled with the Securities and Exchange Board of India (SEBI). Often called the "Indian Warren Buffett",Jhunjhunwala remarked on his success in the Indian market.

Career

With a capital of $5,000, he began investing in 1985, and in 1986 he made his first major profit.

In 1986: Jhunjhunwala made his first big profit of $5 lakh.

In 1986 and 1989: It is estimated that between 1986 and 1989, he earned a profit of almost $25,000 to $25,000.

By 2022:He had invested more than 11,000 crores.

In 2021: Titan Company accounted for his largest investment, worth 7,294.8 crore.

In 2013: Standard Chartered bank sold Jhunjhunwala six of the twelve units of Ridgeway apartments at Malabar Hill for ₹176 crore.

In 2021:He founded Akasa Air with ex-Jet Airways CEO Vinay Dubey, a low-cost airline in India.

Awards and Achievements

Investigations were conducted against Jhunjhunwala for insider trading. In July 2021, Jhunjhunwala and his associates paid the SEBI 35 crores to settle the matter.  

Unknown facts

Jhunjhunwala had planned to donate a quarter of his worth to charity before his passing, which put his net worth at $5.8 billion.

RARE Enterprises was a privately owned stock trading company he ran. In the first two letters of the name, Jhunjhunwala refers to him and his wife, Rekha.

His love for Bollywood films has made Rakesh Jhunjhunwala well-known. He is the producer of English Vinglish, a Hindi movie.

Physical Stats

Height (Approx.)
In Centimeters 169 cm
In Meters 1.69 m
In feet Inches 5'6"
Weight (Approx.)
In Kilograms 80 Kg
In Pounds 176 lbs
Eye Color
Black
Hair Color
Salt & Pepper

Family Details

Father's Name
Radheshyamji Jhunjhunwala
Mother's Name
Urmila Jhunjhunwala
Spouse
Rekha Jhunjunwala
Brother(s)
Rajesh Jhunjhunwala
Sister(s)
Sudha Gupta, Neena Sanganeria
Son(s)
Aryaman Jhunjhulwala, Aryaveer Jhunjhulwala
Daughter(s)
Nishtha Jhunjhulwala