Rakesh Jhunjhunwala Introduction

Rakesh Jhunjhunwala was an Indian investor and stock trader. Rakesh jhunjhunwala biography – Rakesh Jhunjhunwala’s company name is Rare Enterprises. In which Rakesh himself used to do portfolio management. And he was also a Chartered Accountant. His fans call Rakesh by names like Bigbull, Warren Buffett of India etc. 

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full name – Rakesh Jhunjhunwala

other names – Bigbull, Warren Buffett of India, King of Stock Market

Date of Birth – 5 July 1960

place of birth – Hyderabad (Telangana),India

died – 14 August 2022

death place – Kandy Hospital Mumbai

Cause of Death – Cardiac Arrest

Age –  62 years (at the time of death)

religion – Hindu

Nationality – Indian

occupation – Stock Trader, Investor, Chartered Accountant

Networth  –  40 Crore (Approx.)

Education – Chartered Accountant

Marital Status – Married

Rakesh Jhunjhunwala Birth and Early Life 

Rakesh Jhunjhunwala was born on 5 July 1960 in Hyderabad, Telangana, India. During his childhood, Rakesh lived in Hyderabad. But he had come to Mumbai during his studies. Rakesh Jhunjhunwala used to listen to his father’s talk during his school time, which was about the stock market. Since then Rakesh was interested in the stock market. 

Rakesh Jhunjhunwala’s education

Rakesh Jhunjhunwala did his schooling from Telangana itself. Then he took his bachelor’s degree from “Sydeham College of Commerce and Economics”. Later he did his CA. In 1985, Rakesh Jhunjhunwala from “Institute of Chartered Accountants of India”  Completed his studies of CA (Chartered Accountant), and completed his degree.  To work in the share market  The desire was there since his college time, but only after completing his studies, Rakesh entered the stock market. 

Rakesh Jhunjhunwala family and marriage

Rakesh Jhunjhunwala’s family is from Hyderabad, Andhra Pradesh, which is now in Telangana. Rakesh Jhunjhunwala’s father’s name is Radheshyam Jhunjhunwala, his father was an Income Tax Officer. Rakesh Jhunjhunwala’s mother’s name is Urmila Jhunjhunwala, it was a duodenum. Rakesh’s wife’s name is Rekha Jhunjhunwala, Rekha is also Rakesh’s associate in handling her husband’s business. Rakesh Jhunjhunwala also has 3 children. There are two boys, whose names are Aryaman Jhunjhunwala and Aryaveer Jhunjhunwala. And there is a girl, whose name is Nishtha Jhunjhunwala. 

• Mother’s Name – Urmila Jhunjhunwala 
• Father’s Name – Radheshyam Jhunjhunwala 
• Wife’s Name – Rekha Jhunjhunwala 
• Children – Three
• Boy Name – Aryaman Jhunjhunwala and Aryaveer Jhunjhunwala 
• Daughter Name – Nishtha Jhunjhunwala

Career of Rakesh Jhunjhunwala

Born in the year 1950, Rakesh Jhunjhunwala is also called the King of the stock market and Bigbull. Rakesh used to listen to the stock market talk from his father and his friends from the time of school. Then his interest came towards the stock market. He asked his father many more information about the stock market, but his father said that if you want to understand the stock market, then you have to read the newspaper daily. And see what are the reasons due to which the stock market keeps on fluctuating. After this Rakesh Jhunjhunwala wanted to make a career in the stock market after completing his college studies, because he had already got a lot of knowledge about it. Rakesh Jhunjhunwala sought permission from his father to invest in the stock market, but the father gave permission on one condition that he would not give Rakesh a single rupee of his. And Rakesh will not invest in the stock market by borrowing from his family and friends also. Rakesh did not like his father’s words, but Rakesh agreed for it and then from that time Rakesh started his share market journey. 

Rakesh Jhunjhunwala’s journey in the stock market

Rakesh Jhunjhunwala had earned ₹ 5000 through his hard work in the year 1985. With these ₹ 5000, Rakesh started his stock market career. After a while he got a good opportunity to earn money, but he was short on money.  Then he took Rs 1.25 lakh from one of his brother’s customers, and told them that after some time he would make 18%  Will give back after earning good profit till date. The brother’s friend gladly gave the money to Rakesh on hearing this. Gradually he bought and sold shares of many companies. And started earning a lot of money. During the year 1985 – 89, he had earned a profit of more than ₹ 20 lakh. After some time, Rakesh sesa Goa  and bought only ₹28, and the shares went up to ₹65. In 1989, Rakesh Jhunjhunwala invested a lot in the stock market and his wealth increased from 2 crores to 40 to 50 crores. And by doing like this slowly, in this time they come in the top rich. 

Rakesh Jhunjhunwala’s death 

Rakesh Jhunjhunwala died on 14 August 2022 in Mumbai due to cardiac arrest. Due to sudden deteriorating health, he was taken to the hospital, then his death was confirmed on 14 August 2022 at 6:00 am. Rakesh Jhunjhunwala himself became the king of share market on his own and in today’s time his name is very famous. 

Interesting Facts about Rakesh Jhunjhunwala

• Rakesh Jhunjhunwala completed his CA (Chartered Accountant) studies. 
• Rakesh Jhunjhunwala’s father was a He was an income tax officer. 
• Rakesh was more interested in the stock market since his school days. 
• Rakesh Jhunjhunwala believed that human beings do everything because of their mistakes. learns. I have also reached this stage by learning from my mistakes. 
• Rakesh Jhunjhunwala entered the stock market with his first deposit of ₹ 5000. 
• Rakesh Jhunjhunwala He had seen many ups and downs in his life. Many times he also faced heavy losses due to falling prices. 
• Rakesh Jhunjhunwala was an Indian investor and stock trader. 
• At the time of his death (2022) Rakesh Jhunjhunwala He was 62 years old. 
• People know Rakesh Jhunjhunwala by different names like – Warren Buffett of India, King of stock market, Bigbull etc.
• Today’s The net worth of Rakesh Jhunjhunwala at the time is about $5.8 billion and it is equal to about 4 trillion 61 billion 85 crore 40 lakh rupees in Indian Rupees. 

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