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Rakesh Jhunjhunwala

Image Source : Wikipedia
  • Born 05 July 1960
  • Birth Place Hyderabad, India
  • Profession Businessperson, Stock Trader
  • Company Rakesh Jhunjhunwala Investments
  • Citizenship India
  • Awards Padma Shri (2023; Posthumously)

Other Related Pages:

  • Rekha Jhunjhunwala

Rakesh Jhunjhunwala BIOGRAPHY

Last Updated : 21 Dec 2024
Rakesh Jhunjhunwala: The Big Bull's Legacy Rakesh Jhunjhunwala (5 July 1960 – 14 August 2022), a Chartered Accountant, left an indelible mark on India's financial landscape. Starting his investment journey in 1985 with a modest capital of ₹5,000, he amassed a substantial fortune, estimated at US$5.8 billion at the time of his death. His success cemented his reputation as the "Big Bull of India," known for his market acumen and bullish predictions. Jhunjhunwala's business acumen extended beyond individual stock trading. He was a partner at Rare Enterprises, an asset management firm, and served as chairperson and director on several company boards. His entrepreneurial spirit culminated in the co-founding of Akasa Air, showcasing his diversification beyond the stock market. A significant achievement was his settlement with the Securities and Exchange Board of India (SEBI) in 2021 regarding insider trading allegations. His aggressive and confident investment style, often described as bullish, significantly impacted the Indian stock market. Jhunjhunwala's contributions to the Indian business world lie in his sharp market analysis, significant investments that often spurred growth in target companies, and the inspiration he provided to aspiring investors. His legacy extends beyond his personal wealth; it includes the influence he had on the Indian investment community. His wife, Rekha Jhunjhunwala, continues his entrepreneurial spirit, holding a substantial net worth.

Rakesh Jhunjhunwala PERSONAL LIFE

Spouse Rekha Jhunjhunwala (1987)
Education Chartered Accountant
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