Rakesh jhunjhunwala


Rakesh jhunjhunwala indian investor

RAKESH              JHUNJHUNWALA




 Rakesh jhunjhunwala is a Indian Investor trader  he was founder of  RARE ENTERPRISES which was originated from his and his wife name RAkesh jhunjhunwala and REkha jhunjhunwala.
He was a chartered accountant (CA) and manages his own portfolio in his asset management firm,RARE ENTERPRISES.

Rakesh jhunjhunwala indian investor


Along with investor Rakesh jhunjhunwala was a film producer also and produced Indian films such as ki and ka ,English vinglish & Samitabh. His age is 59 years.
And a self made billionaire.




Rakesh jhunjhunwala indian investor



Rakesh jhunjhunwala was popularly refered as WARREN BUFFET OF INDIA & KING OF BULL MARKET.


  Source of wealth is investment. 

   Residence was Mumbai .

 Currently on 21-08-2019 his NET WORTH is 2.6 BILLION DOLLAR.

 And he was the #804 Billionaires 2019 according to forbes.

And he was the #61 India's Richest 2018 according to forbes.

Rakesh jhunjhunwala's  net worth on march 2018 was $3 Billion


Rakesh jhunjhunwala's father was a income tax officer and has a deep knowledge in stock market and always talks and discuss about stocks and shares at his home with their family members and Rakesh jhunjhunwala at that time listens his father very carefully and from their he got interest in share market.
After his basic education he decided to do his higher education B.Com, Bombay University; Chartered Accountant, The Institute of Chartered Accountants of India.

                                INVESTING CAREER 

 After his graduation he decides to make his career in investing and trading for that he tells his father  so his father told him do what you want but don't ask for money with me or to my friends so he began investing with $100 in 1985 at that time BSE was at 150 bps(basic points) and now it trades at about 36000 points.

And after to enhance his wealth and his skills he  manages some money from a lady who was was looking for some extra on that time the return on FD was 7% but she was looking for some more money. so she met to Rakesh Jhunjhunwala brother he told Rakesh jhunjhunwala about the lady and Rakesh jhunjhunwala convince her that he will give 18% on her principle amount so she gives her  Rs 2,50,000 and he arrange about Rs 3,00,000 from other sources and started his investing journey.



Rakesh jhunjhunwala indian investor

FIRST BIG PROFIT OF RAKESH JHUNJHUNWALA
The first big profit of Rakesh jhunjhunwala was Rs 0.5 million in 1986 after he bought 5000 shares of Tata tea at 43 and within 3 months it was trading at Rs 143. he books profit here almost 20-25 lakh.

And at present his most valuable holding is watch & jewelries maker Titan worth close to $900 million. 


CURRENTLY 


Rakesh jhunjhunwala was the chair man of the Aptech limited & hungama . Digital media ent., and sits on board of director of Indian companies such as Prime focous Limited, Geogit financial services, bilcare ltd., praj inndustries ltd., Provogue india ltd., Innovasynth technologies ltd., Mid day multimedia ltd., Nagarjun construction company, Viceroy hotels & Top security ltd.

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" Rakesh jhunjhunwala"


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