Rajesh Jhunjhunwala was a stock marketer, a trader and a chartered accountant. He was born and brought up in india. In this article, we will now discuss the age, networth, stocks, assets and personal life of Jhunjhunwala.
Biography Of Rakesh Jhunjhunwala
Rakesh Jhunjhunwala also known as The Big Bull and The King of Dalal Street. He was an investor, a trader, a businessman and a chartered accountant by profession. In this article, we will discuss his age, educational qualifications, family background, work history and unknown facts about him.
Age And Physical Appearance
Rakesh Jhunjhunwala was born on 5 July 1960 in Hyderabad, Telangana. He died at the age of 62 years. He died on 14 August 2022 due to a heart attack. His place of death was Breach Candy Hospital, Mumbai. His eye color was black and his hair color was salt and pepper.
Early Life
Rakesh Radheyshyam Jhunjhunwala was an Indian billionaire investor, stock trader and chartered accountant. Speaking about his early life, Rakesh began investing in 1985 with a capital of 5000 rupees, with his first major profit in 1986. He graduated from Sydenham college and thereafter enrolled at the Institute of Chartered Accountants of India. He belonged to a Marwadi family.
Education
Rakesh Jhunjhunwala had completed his graduation in B.Com from Sydenham College of Commerce and Economics in 1985. Further he completed his degree for chartered accountant from The institute of chartered accountants of India.
Career
Talking about the career of Rakesh, he was interested in stock markets. His interest in the stock market arose from his father and his friends but his father never gave him money to spend on stock marketing and forbade him from taking the money from his friends too. His first capital investment was made in 1985 of 5000 rupees and his first big profit was of 5 lakh rupees in 1986. After this, between 1986 and 1989 he earned almost 20-25 lakh rupees. By 2022, he earned a growth of 11,000 crore rupees and his biggest investment was in Titan company, worth 7,294.8 crore rupees. Besides being an active investor Rakesh Radheyshyam Jhunjhunwala was the Aptech and Hungama Digital Media Entertainment and sat on the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries, Prorogue, Concord Biotech, Innovasynth Technologies (I) Limited, Nagarjuna Construction Company, Viceroy Hotels and top security limited. He was also the member of the Board of advisors of India’s international movement of unite nations (I.I.M.U.N.). He received Padma Shri award in 2023 for his spectacular work.
Family life Of Rakesh Jhunjhunwala
Jhunjhuwala was born to Radheshyamjin Jhunjhunwala and Urmila Jhunjhunwala. His father was an income tax officer and his mother was a homemaker. He developed his interest in stock marketing through the discussion of his father and his parents. He was quite close to his family members. In his family they are 2 sisters namely Sudha Gupta and Neena Sanganeria.
Relationship Status Of Rakesh Jhunjhunwala
Rakesh was married to Rekha Jhunjhunwala a stock market investor on 22 February 1987. He has 2 sons namely Aryaman Jhunjhunwala and Aryaveer Jhunjhunwala and a daughter namely Nishtha Jhunjhunwala. He was a family man and loved his wife and family a lot.
Rakesh Jhunjhunwala Net worth
Jhunjhunwala has a current net worth of $3 billion as of 2020. Talking about his assets he owns a 4,500 sq. ft duplex in south Mumbai’s Malabar hills that he had bought for rs 25.25 crore. He even owns an 18,000 sq. ft holiday home with seven bedrooms, a pool, jacuzzi, gym, and a disco in lonavala.
Latest News
In 2021, Jhunjhunwala was investigated for insider trading, for unusual dealings in share of Aptech computers. SEBI had charged him and others for the possession of unpublished price sensitive information (UPSI). As per the SEBI order, this was an UPSI between 14 March 2016 and 7 September 2016, the date of official announcement. In July 2021, the SEBI had settled the issue after a total payment of ₹35 crore from Jhunjhunwala and his associates. Jhunjhunwala paid ₹18.5 crore and his wife paid ₹3.2 crores. He was quite popular on social media for his trading and stock marketing activities.
Unknown Facts
Jhunjhunwla’s favorite food was dosa and favorite cuisine was Chinese. He admired Amitabh bachchan and Amir Khan as his favorite actors he was also a fan of Waheeda Rehman and filmmaker Guru Dutt.
As of 2020, he was listed as the 54th richest man of India. Mr. Jhunjhunwala’s life was portrayed by the actor Kavin Dave in SONY LIV’s web series Scam 1992:The Harshad Mehta Story.
Summary
To summarize about Jhunjhunwala’s life he was a multi talented personality and a very dedicated businessman with a passion to make history in stock marketing and change the terms of Indian business. He was a family man and a hindi film enthusiast too. He has co-produced movies like English Vinglish (2012), Shamitabh (20150 and Ki&Ka (2016).
FAQs
Yes he used to smoke and drink.
He got this permission on 7 July 2022.
His cause of death was heart attack.
Also Read:- Kavya Maran: Bio, Wiki, Age, Husband, Family, Education, Net worth, Career And More
