Who is the most successful investor in the Indian stock market ?
Who is the most admired investor in the Indian stock market ?
Who has created assets over 20000 crores by just “investing” ?
Rakesh Jhunjhunwala is the Man, the legend, the investment Guru-Says Business Enhancement Expert Hirav Shah
Table of Contents
About Rakesh Jhunjhunwala
Rakesh Jhunjhunwala is known as the big bull in Indian stock market, an investor maestro, owns his asset management firm called Rare Enterprises.
Rakesh Jhunjhunwala Horoscope
| Birth Date | July 5, 1960 |
| Zodiac Sign | Cancer |
| Birth Number | 5 ruled by the Mercury |
| Destiny Number | 6 ruled by Venus |
| Lucky Numbers | 5, 6 |
Rakesh Jhunjhunwala Early Life & Education
Jhunjhunwala was born on July 5, 1960 in a Bombay based Rajasthani Family. His father, Radheshyaamji Jhunjhunwala was posted as the commissioner of Income Tax and his mother Urmila was a homemaker. He has an elder brother, Rajesh who is also a Chartered Accountant. He has two younger sisters, Sudha Gupta and Neena Sanganeria.
After passing from Sydenham College in 1985, he joined the Institute of Chartered Accountant of India.
Rakesh Jhunjhunwala’s Personal Life
He is married to Rekha Jhunjunwala, who is also a stock market investor. The couple forged through a complicated pregnancy. His wife gave birth to their first born Nishtha on 30 June 2004.
His twin sons were born in 2009.
Rakesh Jhunjhunwala’s Career Trajectory
Jhunjhunwala borrowed money from his father to invest in the market. His interest in stock markets arose from his father who usually discussed market profits at home.
With his initial investment of Rs 5,000 capital in 1985, eventually his investment grew to fetch 11,000 crores today!
Besides being a venture capitalist, Jhunjhunwala is also the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and a part of the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited, and Tops Security Limited.
He is famously known to be the “Big Bull of India” and the “King of Bull Market” & he is known for his stock market predictions and optimistic outlooks.
Rakesh Jhunjhunwala’s first big profit was ₹5 lakh in 1986. In between 1986 and 1989, he gained almost ₹20-25 lakh profit which was regarded as a humongous profit at that time.
Talking about 2021, his major investment is in Titan Company, worth ₹7,294.8 crore.
Jhunjhunwala also has shares in private holdings like Star Health Insurance, Metro Brands, and Concord Biotech.
Currently, he sits on the Board of Advisors of India’s International Movement to the United Nations (I.I.M.U.N.).
Rakesh owns private equity firm Rare Enterprises,along with his wife.
Rakesh Jhunjhunwala’s Awards and Achievements
Jhunjhunwala manages a privately-owned trading firm called RARE Enterprises alongside his wife Rekha.
He has successfully invested in giant companies like Titan, CRISIL, Aurobindo Pharma, Praj Industries, NCC, Aptech Limited, Ion Exchange, MCX, Fortis Healthcare, Lupin, VIP Industries, Geojit Financial Services, Rallis India, Jubilant Life Sciences, etc.
Rakesh is not only an active stakeholder but also a film producer too. He has been nominated several times in Filmfare, Zee Cine and International Indian Academy Awards for his film English Vinglish.
His philanthropic initiatives include nutrition and education. By the year 2020, Jhunjhunwala planned to donate 25 percent of his money to charity. He built a cancer care centre fir children ‘St Jude’, Agastya International Foundation and Arpan, an organization that helps educate and generate awareness among children on sexual exploitation. He also has a share in Ashoka University, Friends of Tribals Society and Olympic Gold Quest.
His eye hospital is on the verge of completion in Navi Mumbai, which will carry out 15,000 eye surgeries free of cost.
Jhunjhunwala being a hugely popular business magnate is the 48th richest man in India, having a net worth of $3 billion.
Lessons to learn from Rakesh Jhunjhunwala
1. Being Patient
To become a big bull in Investment areas like Jhunjhunwala, one should therefore be patient to this long term bid.
He is known to lock his investments for many years, until they give out massive profits.
So, it is important for us to get hold of his lesson to be patient and wait for the results.
2. Make Use Of The Slightest Opportunity
Rakesh was very much a foresighter and also an avid game planner too. He bought his stocks in 2008 during a global financial crisis. He also went to book profits in the 2014 election rally.
These earned him humongous dividends and his temperament to take risks made him a global stock marketing giant.
The field in which you are heading is full of turns and thorns, so it is important for us to make use of the opportunities and take risks, to rule the world.
3. Learning From Past Failures
Jhunjhunwala has learned a lot from his past mistakes. It took him years of patience, self-confidence and a good foresightedness to become the king of the jungle.
He booked stocks in companies like Jet Airways, SpiceJet when they were at Rs 100 per share, and Reliance Power, which traded at Rs 500 per share. But, they turned out to be a disaster in the market and he lost his money in this.
From his years of frivolous experience as an investor, he states that some businesses are too competitive to be profitable, and if the marketing unit of such businesses are not involved enough, then it’s a time bomb ticking to blast any moment.
So, his past failures have taught us to work on our respective fields and prepare ourselves to forge into victory.
Conclusion
Rakesh Jhunjhunwala is an ace investor / trader, who has two brains-one is an investing brain and the other is a trading brain. Rakesh always suggests to trade/ invest in a more professional cum organized way, hence he is also called the Warren Buffet of India—Concludes Eminent Sports Astrologer Hirav Shah.
Frequently Asked Questions
Where does Rakesh Jhunjhunwala live?
Malabar Hills, Mumbai, Maharashtra
Who is Rakesh Jhunjhunwala’s Wife?
Rekha Jhunjhunwala
Which college did Rakesh Jhunjhunwala graduate from?
The Institute of Chartered Accountants of India
What is the net worth of Rakesh Jhunjhunwala?
More than $6.1 billion
Who is the biggest trade broker in India?
Rakesh Jhunjhunwala
Is Rakesh Jhunjhunwala Gujarati?
No, Rakesh Jhunjhunwala is a marwari.
Is Rakesh Jhunjhunwala bear or bull?
Rakesh Jhunjhunwala is one of the Big Bulls of the Country’s equity markets.
Image credit:sagar karkhanis, Public domain, via Wikimedia Commons
