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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

Indian Stocks Just Broke Out To New Highs In A Hugely Bullish Sign

He also refers to Indian billionaire investor Rakesh Jhunjhunwala, who is “extremely bullish” on Indian stocks. Right now, the long term chart of the Nifty 50, the largest stocks in India, is so incredibly enticing after it broke through the ...
Posted: March 19, 2017, 6:11 am

Kalaari Capital Invests Rs 24 Cr in Enterprise Payment Solutions Provider Airpay

Mumbai based payment services startup, Airpay, has raised Rs 24 crore as part of a Series A round, led by Kalaari Capital and existing investors Rakesh Jhunjhunwala & Rajesh Jhunjhunwala. Airpay was founded by Amit Kapoor, Kunal Jhunjhunwala and Rohan ...
Posted: March 23, 2017, 12:13 am

Billionaire Rakesh Jhunjhunwala Spends Rs 371 Crore To Buy A Building Only To Tear It Down!

Rakesh Jhunjhunwala, the famous billionaire investor, has bought a 12-flat sea-facing building for Rs. 371 crore. The purpose? To raze it to the ground so that he can build a palatial bungalow for himself. reuters Four years after buying 6 flats in the ...
Posted: March 19, 2017, 2:17 am

20 Best Passive Income Ideas & Opportunities

So, what is the solution? One solution is to continue work like Amitabh Bachchan. The second solution is to, generate a passive income like Rakesh Jhunjhunwala. Rakesh Jhunjhunwala earns around 100 Cr dividend every year as a passive income. The passive ...
Posted: March 19, 2017, 9:22 am

Payments startup Airpay raises Rs 24 crore in series A funding

MUMBAI: Mumbai based payment services startup, Airpay, has raised Rs 24 crore as part of a Series A round, led by Kalaari Capital and existing investors Rakesh Jhunjhunwala & Rajesh Jhunjhunwala. Airpay founded by Amit Kapoor, Kunal Jhunjhunwala and Rohan ...
Posted: March 23, 2017, 3:32 am
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