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Rakesh Jhunjhunwala
Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is...

Rakesh Jhunjhunwala Net Worth is 1,250 $Million.

Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Jhunjhunwala was described in a magazine as the "pin-up boy of the current bull run" and by another as "Pied Piper of Indian bourses".
The son of an income tax officer, he started dabbling in stocks while in Sydenham College and plunged into full-time investing soon after completing his education. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and anothe...
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Rakesh Jhunjhunwala Latest News

Rakesh Jhunjhunwala: The Intuitive Investor

Net Worth $1.86 billion: The big challenge faced in the last year Manoeuvreing volatile markets before the beginning of the current bull run The way forward: Focus on philanthropy, particularly education and nutrition. Plans to put in Rs 1,000 crore in an ...
Posted: October 26, 2014, 7:51 pm

Rakesh Jhunjhunwala buys 1.4 per cent stake in SpiceJet

Rakesh Jhunjhunwala has acquired a 1.4 per cent stake in Kalanithi Maran-owned SpiceJet. According to the Bombay Stock Exchange's bulk deals data, the ace investor's Rare Enterprises has purchased 75 lakh equity shares, worth Rs 13.41 crore, in the low ...
Posted: November 29, 2014, 3:46 am

Rakesh Jhunjhunwala made $1 mn a day in one year

Addressing a gathering after the financial crises Rakesh Jhunjhunwala once joked that people asked him if he was a billionaire still; and if so, did he mean in dollars or rupees? Rakesh Jhunjhunwala became a billionaire in the last bull-run which ended in ...
Posted: August 11, 2014, 11:30 am

Polaris Consulting rallies over 4% as Jhunjhunwala hikes stake

NEW DELHI: Polaris Consulting & Services Ltd surged as much as 4.2 per cent in trade on Thursday on reports that ace investor Rakesh Jhunjhunwala has hiked stake in in the company. At 09:40 a.m.; Polaris Consulting was trading 3.2 per cent higher at Rs 171.
Posted: January 22, 2015, 7:53 pm

Watch: Amitabh Bachchan is Dhanush’s voice in 'Shamitabh' trailer 2

The film is produced by Sunil Lulla, Rakesh Jhunjhunwala, R K Damani, Gauri Shinde and Abhishek Bachchan. It will release on 6th February.
Posted: January 21, 2015, 8:15 pm
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