Net worth of
In 1985, Rakesh Jhunjhunwala started the journey of investing with Rs 5,000.
At present, the investment value of Big Bull Rakesh Jhunjhunwala has exceeded Rs 40,000 crore.
1985 when the Bombay Stock Exchange (BSE) Sensex was around 150 points. At that time he had invested Rs 5,000.
Jhunjhunwala got huge success in his hands in 1986, a year after he started trading. He made a profit of Rs 5 lakh in this deal.
Jhunjhunwala bought 5 thousand shares of Tata Tea at a price of Rs 43, which had increased to Rs 143 in just three months.
As of today, there were around 33 stocks in his portfolio. These stocks include Titan, Tata Motors, Star Health and Tata Communications etc.
Rakesh Jhunjhunwala's biggest investment is in Titan. It is followed by Star Health and Metro brands.
Jhunjhunwala used to run a private trading firm named RARE Enterprises. He laid its foundation in 2003.
The first two words of the name RARE Enterprises are 'RA' in his name and the last two words 'RE' in the name of his wife Rekha.
Rakesh Jhunjhunwala entered the aviation industry under the name of Akasa Air. The company has recently started operations.
According to Forbes, the net worth of Rakesh Jhunjhunwala was $ 5800 million as of August 2022.
If we talk about the net worth of Rakesh Jhunjhunwala in Indian rupees, then his assets were around Rs 4,61,85,40,00,000.