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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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7 investment lessons from Rakesh Jhunjhunwala

Follow these principles if you want to become a billionaire like him. Rakesh Jhunjhunwala is a qualified CA and has chosen trading in stocks as his profession. Many consider him as the Indian version of Warren Buffet. He is also sometimes referred to as ...
Posted: April 2, 2014, 12:34 pm

Brexit, poor monsoon may force prices up: Rakesh Jhunjhunwala

Speaking exclusively to CNBC-TV18 Rakesh Jhunjhunwala of Rare Enterprises said bull markets will climb a wall of worry. "Nothing is changed if Rajan is not there," he said commenting on Raghuram Rajan's exit this September. When Rajan came in 2013, there ...
Posted: June 21, 2016, 12:48 am

The secret of Rakesh Jhunjhunwala’s success

An analysis of Rakesh Jhunjhunwala’s portfolio shows that his average returns have been highest from the stocks he held the longest Subscribe to our newsletter. At a time when high-frequency trading has allowed stock market participants to transact in ...
Posted: November 17, 2015, 4:00 pm

Eyeing reinvention, India's traditional businesses bond with startups

BENGALURU/ KOLKATA: When billionaire investor and e-commerce sceptic Rakesh Jhunjhunwala committed to become the biggest investor in Exfinity Fund that backs business-to-business technology ventures, last November, he only did what bricks-and-mortar ...
Posted: July 20, 2016, 3:54 am

Moderate returns for Rakesh Jhunjhunwala from rally

Even as his latest investment in the SpiceJet stock met with some volatility, Rakesh Jhunjhunwala’s portfolio picks on the Lok Sabha election euphoria have seen moderate returns. Data compiled by FE show that some of the stocks — three of the five ...
Posted: December 22, 2014, 11:04 am
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