Rakesh Jhunjhunwala Age, Caste, Family, Biography & More
Rakesh Jhunjhunwala’s Biography: The veteran Stock Market investor Rakesh Jhunjhunwala died on the 14th of August 2023 age 62 years old, due to kidney problems. According to reports, Rakesh Jhunjhunwala was undergoing dialysis every day because both kidneys failed. He was rushed into the Candy Breach Hospital at 6.45 morning and declared dead.
Birth and Early Life
Rakesh Jhunjhunwala was born on July 5, 1959. He was born to the family of Rajasthani family and was a resident of Mumbai (then Bombay) for the majority of his life. His surname suggests that his ancestors are born in the Jhunjhunu district in Rajasthan.
Rakesh Jhunjhunwala’s grandfather was an Income Tax Commissioner. He completed his studies at Sydenham College and then also was enrolled in the Institute of Chartered Accounts of India.
|School Name||Not Known|
|College / University||• Sydenham College of Commerce &
• The Institute of Chartered Accountants of
|Educational Qualification||• B.Com from Sydenham College of
Commerce & Economics (1985)
• Chartered Accountant from The Institute of
Chartered Accountants of India
Check more details on Wikipedia
Rakesh Jhunjhunwala the father of an income tax official began to dabble in the stock market while studying in college. He was influenced by the example of his father, who was also interested in the market for stocks and often talked about stocks with his acquaintances.
He also received his first lesson from his father who explained to him that prices fluctuate due to events happening all over the world and urged him to keep an eye on the news.
At the time of his demise, Rakesh Jhunkhunwala had an estimated net worth of $5.8 billion, which makes him the 438th most wealthy person in the world.
Rakesh Jhunjhunwala made an amount of money by investing his money into shares within 3 years. He then bought shares in several firms and earned lots of money. However, he was able to become known as the Big Bull with the help of belonging to Tata’s Titan Company.
He had made a bet on Titan, a subsidiary of the Tata Corporation of the group Titan in 2003. At the time, he bought six million shares of Titan for only 3 rupees. 3. Their value grew to over Rs. 7000 crore
Rakesh Jhunjhunwala owned the owner of a 40% part of Akasa Air. It is a low-cost carrier that operates flights between Mumbai and Ahmedabad as well as Kolkata-Kochi routes. The flights on the Bengaluru-Mumbai route as well as the Chennai-Mumbai routes will commence on August 19th, 2022, and end on 15 September 2022.
A majority of the shares from Rakesh Jhunjhunwala’s portfolio traded lower after the sudden passing of his son on Sunday. Aptech Ltd and Star Health decreased by up to 5 percent in the early trading. Their portfolio of his was comprised of 32 shares.
It was said that Rakesh was experiencing discomfort and was subsequently transferred to the Breach Candy Hospital located in Mumbai. He died at 6:30 am in the early morning of 14th August, due to cardiac arrest. Additionally, doctors diagnosed multiple organ failure and kidney problems as the primary reason for his death. Rakesh Jhunjhunwala suffered from kidney and diabetes for a while and was receiving treatment at that same institution.
Social Media Handle & Other Contact Details
|rakeshjhunjhunwala_ (148k+ followers)|
|Mobile/Phone Number||Not Known|
Net Worth, House & Cars
|Net Worth||$5.8 Billion (Rs ₹32,059.54 crore ; as of 2022)|
|Monthly Salary / Income||100 Crore +|
|House Address||Il Palazzo, Little Gibbs Rd, Malabar Hill,
|Cars||Mercedes Benz S-Class|
|Favorite Food||Dosa, Chinese|
|Favorite Actor||Amitabh Bachchan, Aamir Khan|
|Favorite Actress||Waheeda Rehman|
|Favorite Hobbies||Reading, Watching Food Shows|
|Favorite Cricketer||Sachin Tendulkar|
|Favorite Singer||A.R. Rahman|
|Favorite Film Director||Guru Dutt|
Ridgeway Apartments was situated on the property. It was home to 14 apartments, as well as parking spaces. Two banks in the private sector were the previous owners of this building. For a sum of Rs 176 crore.
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|Body Measurements||Not Yet Update|
|Birth Place||Hyderabad Telangana|
|Children||Sons: Aryaman Jhunjhunwala, Aryaveer Jhunjhunwala
Daughter: Nishtha Jhunjhunwala
|Hair Color||Salt & Pepper|
|Height In CM||168 CM|
|Height In Meter||1.68 M|
|Parents||Father: Radheshyamji Jhunjhunwala
Mother: Urmila Jhunjhunwala
|Profession||Investor Trader Businessman Chartered Accountant|
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