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.