Here, we will discuss Mr. Jhunjhunwala who is a business magnate, investor, and trader. With all his hard work and business skills, Mr. Jhunjhunwala has earned massive respect across the world as well as a massive amount of net worth. Net Worth, in simple terms, means Current Assets minus Current Liabilities. Let’s have a predicted look over Mr. Rakesh Jhunjhunwala’s wealth which can further give an estimated amount of his net worth. so Now check out Rakesh Jhunjhunwala Net Worth below…
Latest News
Big Bull Rakesh Jhunjhunwala passes away: Big Bull Rakesh Jhunjhunwala of Dalal Street passed away this morning (14 August 2022). He breathed his last at Breach Candy Hospital in Mumbai. The Big Bull of the stock market, Rakesh Jhunjhunwala, who traveled from Rs 5 thousand to Rs 43.39 thousand crore, was 62 years old. Jhunjhunwala had also entered the aviation sector with ‘Akasa’ airline last week. Jhunjhunwala was once a bear in the stock market i.e. bears. He made huge profits through short selling in 1992 when the Harshad Mehta scam was exposed. There were several reputed cartels in the Indian stock market in the 1990s. First of all let us tell you who is Rakesh Jhunjhunwala. Rakesh Jhunjhunwala is a veteran investor of the country’s stock market, who is called Big Bull. Crores of investors are watching their every step. The stock that Rakesh puts his hand in turns into gold. Not only this, how many people who have invested in his seen-seen shares have become rich. According to the recently released rich list of Haroon India, the net worth of Rakesh Jhunjhunwala and his family is around Rs 45,400 crore. He has a large stake in many companies in the country and he is going to start an airline soon.
Rakesh Jhunjhunwala Net Worth
The net worth of Mr. Jhunjhunwala is estimated to be $5.80 Billion, which in Indian currency is approximately equal to 44300 Crore Indian Rupee (i.e. Forty Four thousand Three Hundred Crore INR). The net worth of Rakesh Jhunjhunwala has seen a rise of 21 percent over the past few years. Apart from business, Mr. Jhunjhunwala is also a great philanthropist and a great donor when it comes to helping poor and needy. A large amount of his income is donated to various charity programmes. Let’s have a predicted look over Mr. Rakesh Jhunjhunwala’s wealth which can further give as an estimated amount of his net worth.
List of Stocks in Rakesh Jhunjhunwala Portfolio:
is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of various Indian companies such as Prime Focus Limited, Geojit BNP Paribas Financial Services Limited, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.
Let us now have a look on the assets he possesses:
House: Rakesh Jhunjhunwala Resides in Mumbai, India. Rakesh Jhunjhunwala bought this luxury home in 2002. Estimated Value of this Real Estate Property is around Rs.82 Crores. Cars: The Car collection of Rakesh Jhunjhunwala is quite Large. Rakesh Jhunjhunwala owns few of the best luxury cars in the world. The Car brands owned by Rakesh Jhunjhunwala include Mercedes Benz, Audi and BMW.
Dependency of Rakesh Jhunjhunwala’s Net Worth:
In the case of any Businessman, a lot of earnings depend on profit and public interest. Rakesh Jhunjhunwala is one of the most popular humans being across the country. Apart from business Rakesh Jhunjhunwala has invested heavily in future plans. We can easily conclude that Rakesh Jhunjhunwala is one of the highest net worth business magnates in the world. Rakesh Jhunjhunwala Net Worth has been on the top of the charts since many weeks. Thus, we can be very positive that the net worth of Rakesh Jhunjhunwala sir will keep on growing through the years.
About Mr. Rakesh Jhunjhunwala:
If you are a great fan of trading in stock and a chartered Accountant than you might already know some interesting facts about Rakesh Jhunjhunwala as mentioned below. Rakesh Jhunjhunwala was born on 5th July 1960 in the city of Mumbai, India. he is the 53rd richest person in India, with a net worth of USD 3 Billion. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India. By Stock market investment Rakesh Jhunjhunwala has made Rs 5000 Cr from 5000 Rs/- in 30 years. Imagine making 5000 Cr in 30 years.
Career
Rakesh Jhunjhunwala is many time referred as warren buffet of India and he is known to be a big fan of Bollywood. He has produced one hit movie called English Vinghlish. Rakesh Jhunjhunwala Portfolio fell by up to 30% in December 2011. He recovered his losses in February 2012. These ups and downs forced him to reduce his vulnerability by trimming his portfolio to one-third. Rakesh Jhunjhunwala enjoys few lakhs of rupee as dividend and he spends one-third of his dividend income in charity. With the end, we wish Mr. Jhunjhunwala a successful year ahead with lots of achievements and a good health and lots of love. May he keep achieving his goals and keep growing his net worth always! Recommended
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