Rakesh Jhunjhunwala  Net Worth

Rakesh Jhunjhunwala is an Indian Billionaire Business Magnate, Stock Trader and Investor.

Rakesh Jhunjhunwala  Net Worth

Rakesh Jhunjhunwala  manages his own portfolio as a partner in his asset management firm, Rare Enterprises.

Rakesh Jhunjhunwala  Net Worth

Rakesh Jhunjhunwala was born on 5th July 1960  in the city of Mumbai, India.

Rakesh Jhunjhunwala  Net Worth

He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.

Rakesh Jhunjhunwala  Net Worth

Jhunjhunwala's developed interest in the stock market after listening to his father discuss it with his friends.

Rakesh Jhunjhunwala  Net Worth

He earned his first big profit in 1986 when he bought 5,000 shares of Tata Tea at Rs 43 and the stock rose to Rs 143 within three months.

Rakesh Jhunjhunwala  Net Worth

According to Estimates, Rakesh Jhunjhunwala's Net Worth is 550 crores USD

Rakesh Jhunjhunwala  Net Worth

Over the years, Jhunjhunwala successfully invested in Titan, CRISIL,  Sesa Goa, Praj Industries, Aurobindo Pharma and NCC

Rakesh Jhunjhunwala  Net Worth

Rakesh Jhunjhunwala enjoys few lakhs of rupee as dividend and he spends one-third of his dividend income in charity

Rakesh Jhunjhunwala  Net Worth

After the 2008 global recession, his stock prices fell by 30% but he eventually recovered from the loss by 2012.

Rakesh Jhunjhunwala  Net Worth

Rakesh Jhunjhunwala bought his luxury home in 2002. Estimated Value of this Real Estate Property is around Rs.82 Crores.