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Rakesh Jhunjhunwala Biography

Rakesh Jhujhunwala – Indian Stock Trader

Rakesh Jhunjhunwala is an Indian Business Magnate and Stock Trader. Rakesh manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Rakesh Jhunjhunwala Net Worth is $4.6 Billion (Rs. 34234 Crore) 460 Crore USD in 2021. The man who changed the pattern of trading and investing in this competing 21st century is none other than Mr. Rakesh Jhunjhunwala. Mr. Jhunjhunwala is the main force behind investing and trading and is also called the Warren Buffet of India.  His work includes investing, not only in one country but also across the globe. With all his hard work and talent Mr. Jhunjhunwala is one of the richest and the most powerful people alive. 

Rakesh’s first-ever large income was from selling 5000 shares of Tata Tea which he had previously bought for Rs. 43 per share and sold them at Rs. 143. Since that profit, his even large investments in stock markets like that of Sesa Goa began. He earned over three-times profit. In three years he earned 20-25 lakh.

Rakesh Jhunjhunwala Wiki

Rakesh Jhunjhunwala Wiki
Full NameRakesh Jhujhunwala
NicknameThe Big Bull, The King of Dalal Street
ProfessionInvestor, Trader, Businessman, Chartered Accountant
Birthday (DOB)05 July 1960
Age61 Years (as in 2021)
Birth PlaceHyderabad, Telangana, India
HometownMumbai, India
Marital StatusMarried [22 February 1987 (Sunday)]
Star Sign/ Zodiac SignCancer
HobbiesReading, Watching Food Shows
Education Qualifications• B.Com from Sydenham College of Commerce & Economics (1985)
• Chartered Accountant from The Institute of Chartered Accountants of India
College/ University• Sydenham College of Commerce & Economics, Mumbai
• The Institute of Chartered Accountants of India
Political InclinationBhartiya Janta Party
Net Worth $4.6 Billion (Rs. 34234 Crore) 460 Crore USD
Last UpdatedAugust 2021

Rakesh Jhunjhunwala Early Life

Rakesh Jhunjhunwala was born on 05 July 1960 in a Marwari family in Hyderabad, Telangana, India. Rakesh belongs to a very educated family. His father Radheshyamji Jhunjhunwala was an Income Tax Officer. As his father was an Income Tax officer, he was interested in the rise and fall of stock prices which he used to discuss with his friends. Young Rakesh came in touch with those discussions at a very early age. It grew interested in him too.

He would ask his father details about the whole stock market and how business revolved around it. Motivated from a very early age, after his completion of graduation from Sydenham College, he completed his Chartered Accountant course from the premiere Institute of Chartered Accountants of India (ICAI).

Rakesh Jhunjhunwala Career

Jhunjhunwala, the son of an income tax official, began dabbling in stocks while he was in college. In 1985, he started trading with $100 when the Bombay Stock Exchange Index was at 150; it now trades at over 38,000. His first major profit was $5 lakh in 1986. He profited nearly 20-25 lakhs between 1986 and 1989.

Rakesh Jhunjhunwala serves on the boards of directors of Prime Focus Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Provogue India Limited, Concord Biotech Limited, Geojit Financial Services, Innovasynth Technologies (I) Limited, Viceroy Hotels Limited, Bilcare Limited, Praj Industries Limited, and Tops Security Limited.

He is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. He’s known as the “Warren Buffett of India” and the “King of the Bull Market.”

Jhunjhunwala invested ₹26 Crores (US$3.4 Million) in A2Z Maintenance increasing his stake in the company by 3.57% to 23.2%. He also invested INR 30.90 Crores in little-known ramming mass manufacturing company Raghav Productivity Enhancers Ltd.

Rakesh Jhunjhunwala’s biggest loss was during the market crash of 2008. His every stock was felled over 30% which he recovered along with the market recovery in 2012. His efforts and patience led him to the richest person’s list. As of Forbes 2020 report, he is the 54 richest person in India.

List of Stocks in Rakesh Jhunjhunwala Portfolio:

  • Aptech Ltd.
  • NCC Ltd.
  • The Mandhana Retail Ventures Ltd.
  • Rallis India Ltd.
  • Bilcare Ltd.
  • Va Tech Wabag Ltd.
  • Agro Tech Foods Ltd.
  • Geojit Financial Services Ltd.
  • Delta Corp Ltd.
  • Jubilant Pharmova Ltd.
  • Autoline Industries Ltd.
  • Crisil Ltd.
  • Titan Company Ltd.
  • VIP Industries Ltd.
  • Ion Exchange (India) Ltd.
  • Escorts Ltd.
  • Multi Commodity Exchange of India Ltd.
  • Anant Raj Ltd.
  • Anant Raj Global Ltd.
  • Dishman Carbogen Amcis Ltd.
  • TV18 Broadcast Ltd.
  • Federal Bank Ltd.
  • Wockhardt Ltd.
  • Fortis Healthcare Ltd.
  • Indian Hotels Company Ltd.
  • D B Realty Ltd.
  • Prozone Intu Properties Ltd.
  • Lupin Ltd.
  • Prakash Pipes Ltd.
  • Prakash Industries Ltd.
  • GMR Infrastructure Ltd.
  • Firstsource Solutions Ltd.
  • Tata Motors Ltd.
  • Orient Cement Ltd.
  • Man Infraconstruction Ltd.
  • Edelweiss Financial Services Ltd.
  • Tata Communications Ltd.
  • Indiabulls Real Estate Ltd.
  • Karur Vysya Bank Ltd.

Rakesh Jhunjhunwala Success Story – Rs 5,000 to Rs 19,000 Crores!

Rakesh Jhunjhunwala consistently used to hear his father discussing the stock market with his friends. As he was very curious about stocks, so once he asked his father why the stock price fluctuates daily? His father suggested that he should read newspapers as it’s the news that makes the price of stocks fluctuate.

Mr. Rakesh Jhunjhunwala entered the stock market with just Rs 5,000 in 1985. At that time, Sensex was at 150 points (currently Sensex is hovering at 35,000 points).

Rakesh Jhunjhunwala Latest Stock Portfolio

Stock Name Last Trading Price (Rs) Quantity Held Holding Percent Holding Value (Rs.)
Titan Company Ltd.1159.055,77,51,2206.51%6,693.7 Cr
Crisil Ltd.1789.839,65,0005.48%709.7 Cr
Escorts Ltd.622.651,00,00,0008.16%622.7 Cr
Lupin Ltd.770.670,70,6051.56%544.9 Cr
Federal Bank Ltd.86.76,07,21,0603.11%526.5 Cr
Delta Corp Ltd.209.12,00,00,0007.38%418.2 Cr
NCC Ltd.546,23,33,26610.38%336.6 Cr
Rallis India Ltd.172.61,89,80,8209.76%327.6 Cr
VIP Industries Ltd.422.7575,00,4005.31%317.1 Cr
Jubilant Life Sciences Ltd.539.555,00,0003.45%296.7 Cr
Multi Commodity Exchange of India Ltd.1158.5520,00,0003.92%231.7 Cr
Karur Vysya Bank Ltd.59.953,36,33,5164.21%201.6 Cr
Fortis Healthcare Ltd.137.61,25,00,0001.66%172 Cr
Aptech Ltd.168.1596,68,84024.24%162.6 Cr
Agro Tech Foods Ltd.608.420,03,2598.22%121.9 Cr
Edelweiss Financial Services Ltd.115.71,00,00,0001.07%115.7 Cr
Spicejet Ltd.99.41,00,00,0001.67%99.4 Cr

Rakesh Jhunjhunwala Family

Rakesh Jhunjhunwala With his Family Members
FatherRadheshyamji Jhunjhunwala (Income Tax Officer)
MotherUrmila Jhunjhunwala (Homemaker)
SiblingsBrother– Rajesh Jhunjhunwala (Elder; Chartered Accountant)
Sister– Sudha Gupta (Elder) &   Neena Sanganeria
Marital StatusMarried
Wife/ SpouseRekha Jhunjhunwala (Stock Market Investor)
ChildrenSons– Aryaman Jhunjhunwala & Aryaveer Jhunjhunwala
Daughter– Nishtha Jhunjhunwala
Last UpdatedAugust 2021

Rakesh Jhunjhun Wala Net Worth 2021 & Assets

Rakesh Jhunjhunwala Net Worth is $4.5 Billion (Rs. 34234 Crore) 460 Crore USD in 2021.


Rakesh Jhunjhunwala Resides in Mumbai, India. Rakesh Jhunjhunwala bought this luxury home in 2002. The Estimated Value of this Real Estate Property is around Rs.82 Crores.

• A 4,500 sq ft duplex in South Mumbai’s Malabar Hills that Mr. Rakesh bought for Rs 25.25 crore.
• An 18,000 sq ft holiday home with seven bedrooms, a pool, jacuzzi, gym, and a disco in Lonavala.


The Car collection of Rakesh Jhunjhunwala is quite Large. Rakesh Jhunjhunwala owns a few of the best luxury cars in the world. The Car brands owned by Rakesh Jhunjhunwala include Mercedes Benz, Audi, and BMW.

Rakest Net Worth Growth
  • March 2012 – $1.1 B
  • March 2013 – $1.3 B
  • March 2014 – $1.2 B
  • March 2015 – $2.1 B
  • March 2016 – $1.8 B
  • March 2017 – $2.2 B
  • March 2018 – $3.0 B
  • March 2019 – $2.8 B
  • April 2020 – $1.9 B
  • May 2021 – $4.3 B

Rakesh Jhunjhunwala Controversies

In 2020, Mr. Jhunjhunwala was investigated by SEBI for alleged insider trading in the shares of Aptech, an IT education firm owned by him and his family. The board sent a show-cause notice stating that it was going to freeze Mr. Jhunjhunwala’s bank accounts. The investigating officer was looking into the time period between February 2016 and September 2016, during which he made the alleged profits.

Rakesh Jhunjhunwala Age, Height & Physical Appearances

Heightin feet & inches – 5 ft 10 in
in centimeters – 178 cm
in meters – 1.78 m
Weightin Kilograms – 82 Kg
in Pounds – 180 lbs
Age61 Years Old
Hair ColourBlack
Eye ColourBlack

FAQs About Rakesh Jhunjhunwala

Q: When did Rakesh Jhunjhunwala was born?
A: Rakesh Jhunjhunwala was born on 09 July 1960.
Q: What is the real Age of Rakesh Jhunjhunwala?
A: As of 2021, Jhunjhunwala’ss age is 61 Year Old.
Q: Who is the king of the share market in India?
A: Rakesh Jhunjhunwala is an Indian Business Magnate, Stock trader, and Chartered Accountant with an Estimated Net Worth of $4.5 Billion Rakesh Jhunjhunwala Net Worth is $4.5 Billion (Rs. 34234 Crore) 460 Crore USD in 2021.
Q: What is the name of Rakesh Jhunjhunwala’s Wife?
A: Rakesh Jhunjhunwala Wife’s name is Rekha Jhunjunwala.
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