Rakesh Jhunjhunwala was an Indian billionaire business magnate, stock trader and investor. He passed away because of kidney ailments, just a few days ago. He was the great bull of the share market. He was 62 years old on the day he died.
The day was just before our Independence day i.e. 14th of August 2022. He was dead due to cardiac arrest. May his soul rest in peace. Thus we will know everything related to this great personality without any further delay.
BIOGRAPHY OF RAKESH JHUNJHUNWALA (WIKI, AGE, AND FAMILY)
Firstly let’s talk about his birth details. Rakesh Jhunjhunwala was born in a Marwadi family. He was born to Radheshyamji Jhunjhunwala (his father) and Urmila Jhunjhunwala in Hyderabad on July 5th in 1960. According to this, he was 62 years old. Now let us roll over to his personal details.
|Real Name||Rakesh Jhunjhunwala|
|Date of Birth||July 5th 1960|
|Profession||Share market investor and businessman|
|Education||Sydenham College of Commerce and Economics, Mumbai, Maharashtra|
|Net worth||US $5.8 Billion|
Family of Rakesh Jhunjhunwala
His family details might feel a bit complex, but we would expose them with very clarity. Rakesh Jhunjhunwala ’s father was a member of the Income tax department and he is the only person who has a hand in the great success of Rakesh Jhunjhunwala.
The thought of being an investor inside Rakesh Jhunjhunwala appeared due to his father’s profession. His mother was a housewife whose name was Urmila Jhunjhunwala. Rakesh Jhunjhunwala had a brother who is a CA and his name is Rajesh Jhunjhunwala.
Rakesh Jhunjhunwala had two sisters also whose names are Sudha Gupta and Neena Sanganeria. Rakesh Jhunjhunwala was married on February 22 in 1987 to Rekha. They both were investors and had 3 children who are Nishta as the eldest daughter and Aryaman & Aryaveer as the twin sons.
|Father Name||Radheshyamji Jhunjhunwala|
|Mother Name||Urmila Jhunjhunwala|
|Sisters||Sudha Gupta & Neena Sanganeria|
|Children||Nishtha Jhunjhunwala, Aryaman Jhunjhunwala & Aryaveer Jhunjhunwala|
Education of Rakesh Jhunjhunwala
The education of Rakesh Jhunjhunwala is claimed to be in the institution Sydenham College of Commerce and Economics in Mumbai, Maharashtra. His primary education details are missing but we will update as soon we will know.
- School – will update you soon
- College – Sydenham College of Commerce and Economics in Mumbai, Maharashtra
Rakesh Jhunjhunwala’s Career
His career began when he was too young. He was inspired by his dad in money management. His dad was working with the Income tax department which led to the thought of investing in stocks in Rakesh Jhunjhunwala’s mind. He performed his schooling and very early he completed his graduation.
After that, he became a Chartered accountant and hold an interest in money investment. But the knowledge of investing in the share market was gained by him when he was in college. He used to listen to his father talking about the share market and so the rise of an Ace investor took place.
He started his investment journey with INR 5000 and built up an empire of more than US $5 Billion. His first ever great profit was INR 5 lacks when he invested in Tata tea and bought the share. And so gone investing in the share market with more and more knowledge. And this led him to be an all-time Ace investor. He was the topmost investor in the share market and was popularly known as the big bull.
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Rakesh Jhunjhunwala’s stock portfolio
At the time of their death, he was holding various stocks in his portfolio and he usually keeps sharing some details of his portfolio with the public. As per the data that is public, we found that he is holding a total of 32 different stocks in his portfolio which is worth 32000 crores INR. The largest value of stock in his portfolio is claimed to be 11,000 crore INR. We want to share some of the top stocks that had been included in Rakesh Jhunjhunwala‘s portfolio.
Which stocks are present in Rakesh Jhunjhunwala’s portfolio?
- CRISIL – 40,00,000 shares
- TATA MOTORS – 36,250,000 shares
- TITAN – 44,850,970 shares
- STAR HEALTH – 17.5% equity of total evaluation.
Rakesh Jhunjhunwala’s Net worth
Rakesh Jhunjhunwala was involved in investing in the share market. But he was an all-time businessman too. Recently he founded a low-cost air ride – Akasa Airlines. The inauguration of the airline took place exactly 1 week before he died i.e. on 7th August when he made a public appearance and even he took a flight from Mumbai to Ahmedabad in the first ever flight from Akasa Airlines.
His estimated net worth at the time of his death was US $5.8 Billion. And he was claimed to be in the top 500 richest people in the entire world.
Social Media Account of Rakesh Jhunjhunwala
Here, we list all the Social media handles of Rakesh Jhunjhunwala. You can find the personality on social media like Instagram, Facebook and Twitter also.
This article was all about Rakesh Jhunjhunwala who was highlighted these days for two major reasons. First of which he laid the foundation of Akasa Airlines which is termed to be the cheapest airline and can easily be afforded by people. Secondly, he was dead on the 14th of August and so people hit a search for his details. So we presented the latest ever recorded data of his career and bio details. And we hope it was useful to you, so be with us for unique and awesome posts.
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