Rakesh Jhunjhunwala Net Worth: The ‘BIG BULL’ (Rakesh Jhunjhunwala) was born 5th july in 1960. His journey started when he heard the conversation about stock marketing between his father and his father’s friends. After that Rakesh’s curiosity towards stocks. Once Rakesh asked his father why stock market readings fluctuate daily? Then his father suggested that he read the newspaper on a daily basis to get answers to questions.
‘INDIAN WARREN BUFFET’ entered the stock market with an investment of 5000 rupees in 1985. And in the very next year he earned a profit of 0.5 lakhs rupees, which frequently boosts his interest in the stock market.
Rakesh Jhunjhunwala Net Worth
Full Name | Rakesh Jhunjhunwala |
Age | 62 years |
Date of Birth | 5 July, 1960 |
Profession | Entrepreneur |
Net Worth | $6 Billion |
Monthly Income | $2 Billion |
Salary | $0.5 Billion |
Annual | $ 2.500 Million |
Net Worth of Rakesh Jhunjunwala in last five years
2022 | $5.8 Billion |
2021 | $3.3 Billion |
2020 | $1.5 Billion |
2019 | $2.5 Billion |
2018 | $3 Billion |
Family of Rakesh Jhunjhunwala
Rakesh Jhunjhunuwala was born on 5July, 1960 in Mumbai. He is also known as “big bull” and “Indian Warren Buffett”. He belongs to an Indian Marwari Family. Marwari parents are famous for their strict behaviour and dedication towards hard work.
His father was Radesham Jhunjhunwala, an Income Tax Officer. His mother Urmila Jhunjhunwala was a homemaker. He graduated from Sydenham College, after completing his graduation he went to Indian Institute of Chartered Accountants to study about stock market in detail.
He had developed a great interest in the stock market since childhood as his father always used to discuss the stock market with his friends during his free time. Rakesh used to listen to all of their conversations in detail. He wants to be a part of the stock market at an early age. But when he confessed to his father that he wanted to invest money in the stock market, his father rejected and he replied to Rakesh that “ He doesn’t have any money to ruin. He had given him good qualifications to pursue a good career and achieve heights in life”.
Net Worth of Rakesh Jhunjhunwala in Rupees
Rakesh had a net worth of approx Rs 45,400 Crore in India. He is known for his amazing tricks and earning through the stock market. He encouraged lots of young students and people that the stock market is not that risky. It is a good source of extra income.
He had entered the field of stock market in the year 1985 and his first spent in it was only Rs 5000. And at that time sensex was only 150 points (currently sensex was about 58,500 points (approx)).After facing many ups and downs, his first big profit in the stock market was $0.9 million in 1986.
Is Rakesh Jhunjhunwala a billionaire?
Yes, Rakesh Jhunjhunwala comes in the category of billionaire with a net worth of $6 Billion. He is an inspiration for those who are entering the stock market. He is a kind person and helped the country in their hard times.
FAQ
What is Rakesh Jhunjhunwala Net Worth in Rupees?
Rakesh had a net worth of approx Rs 45,400 Crore in India.
Is Rakesh Jhunjhunwala a billionaire?
Yes, Rakesh Jhunjhunwala comes in the category of billionaire with a net worth of $6 Billion.
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