Rakesh Jhunjhunwala is among the top-rated Chartered Accountants in India, who is also a trader and counted in the list of billionaires. Rakesh has successfully created a landmark for the generations to arrive.
Rakesh is one of the partners in Rare Enterprises, an asset management company. The name of his company is a combination of his name and his wife’s name, Rekha. He is also the Chairman of Hungama Digital Media Entertainment Private Limited and Aptech Limited. He also owns a vital position among the Board of Directors of leading companies; like Provogue India Limited, Mid Day Multimedia Limited, Viceroy Hotels Limited, Geojit Financial Services and various other renowned and profitable brands.
Rakesh Jhunjhunwala Net Worth 2020
Rakesh Jhunjhunwala has a net worth of $260 crore, calculated towards the beginning of 2020. He is the one who began his career with $100. According to the data of Forbes, he is ranked at #48 among the richest people of India.
He invested $4.6 million to A2Z Maintenance, which raised his stake up to 23.2%.
Rakesh has invested in SpiceJet, which raised to over 652.87% in 4 years. That made him earn a huge profit, in the share market. He bought shares worth 25 lakhs in 2012- 2013. Thereafter, he has increased his share in SpiceJet.
Rakesh Jhunjhunwala has prepared his portfolio, for the value estimating to Rs. 19,960 Crores which consists of around 27 renowned brand names. The approximate worth of Titan shares is Rs. 6,456 Crores; Shares of Lupin is worth Rs. 645 Crores and shares of CRISIL owned by him calculated to the worth of Rs. 762 Crores.
He is counted among the celebrities, who have built their fortune themselves without any assistance. On top of it, his potential has raised his career graph all these years successfully.
Rakesh Jhunjhunwala Biography
|Full Name||Rakesh Kumar Radheyshyam Jhunjhunwala|
|Birthdate||5th July 1960|
|Birth Place||Mumbai, India|
|Height||1.78 m (5 ft 10 in)|
|Occupation||Chartered Accountant, Investor, Trader|
Rakesh has completed his graduation from Sydenham College. He has pursued the degree of CA from Institute of Chartered Accountants of India.
Beginning of Fortune
Rakesh Jhunjhunwala began his career in the stock market in 1985, where he contributed a full-time potential. For him, earning from trading in the stock market is Child’s Play.
He supports and advises people in the industry, with the best of his experience and skill set. Trading in the stock market has become easier for the people, through his guidelines.
Recognition and Achievements
- Rakesh Jhunjhunwala has been recognized as Pied Piper of Indian Bourses, by The Economic Times.
- Pin-Up Boy of the Current Bull Run, by the magazine India Today.
- Rakesh Jhunjhunwala has produced a Bollywood movie Ki & Ka, in 2016. The movie was a big hit, on the box office criteria.
- His life has been presented in the blog, The Secret Journal Of Rakesh Jhunjhunwala.
- Rakesh has been presented with the title, King of Bull Market due to his unbeatable knowledge and skills in the industry.
Early and Personal Life
Rakesh Jhunjhunwala was born on 5th July 1960 in Mumbai, Maharashtra. His original name is Rakesh Kumar Radheyshyam Jhunjhunwala. His father was working with the Income Tax Department.