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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

This is start of the biggest bull market: Rakesh Jhunjhunwala

ET Now caught up with Rakesh Jhunjhunwala, Partner, Rare Enterprises, for his take on the poll verdict, current market scenario and his expectations from the new government. Excerpts: ET Now: Your first reaction to today's mandate? The markets have got ...
Posted: May 16, 2014, 11:17 pm

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’s next target: Shed 20 kilos, give away Rs 5000 cr to philanthropy

Rakesh Jhunjhunwala has set himself two important targets. By the end of the year, the man people like to call India’s Warren Buffett wants to be 20 kilos lighter than what he was at his peak weight. The second target is more serious: Jhunjhunwala plans ...
Posted: October 30, 2014, 1:51 am

Swept away

SoBo has shifted to Paris. Well, sort of, and temporarily. Alka and Surendra Hiranandani, Rakesh Jhunjhunwala, Esther and Raju Narang, Piyush Goel, the Jiwrajkas and the Rahejas, matrimonial lawyer Mridula Kadam and Nisha Jamvwal were among those who were ...
Posted: October 30, 2014, 12:12 pm

Mumbai University in world top 10 for billionaire alumni

Although UBS did not elaborate, some of the individuals who feature on the list include Mukesh Ambani ($23.6 billion), Anil Ambani ($6.3 billion), Kumar Mangalam Birla ($9.2 billion), Ajay Piramal ($2.1 billion), Rakesh Jhunjhunwala ($1.9 billion), Ashwin ...
Posted: October 27, 2014, 2:06 pm
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