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.
Family
Radheshyamji Jhunjhunwala Rakesh Jhunjhunwala’s Father
Urmila Jhunjhunwala Rakesh Jhunjhunwala’s Mother
Rajesh Jhunjhunwala Rakesh Jhunjhunwala Brother
Sudha Gupta Rakesh Jhunjhunwala’s Sister
Rekha Jhunjunwala Rakesh Jhunjhunwala’s Wife
Nishtha Jhunjhunwala Rakesh Jhunjhunwala’s Daughter
Aryaman Jhunjhunwala & Aryaveer Jhunjhunwala Rakesh Jhunjhunwala’s Sons
Education
| School Name | Not Known |
| College / University | • Sydenham College of Commerce & Economics, Mumbai • The Institute of Chartered Accountants of India |
| 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
Career
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.
Net Worth
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.
Portfolio
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
Airlines
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.
Health
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.
Death Cause
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
| Not Known | |
| rakeshjhunjhunwala_ (148k+ followers) | |
| Not Available | |
| Wikipedia | Rakesh_Jhunjhunwala |
| Mobile/Phone Number | Not Known |
| 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, Mumbai |
| Cars | Mercedes Benz S-Class |
Favorites
| Favorite Food | Dosa, Chinese |
| Favorite Actor | Amitabh Bachchan, Aamir Khan |
| Favorite Actress | Waheeda Rehman |
| Favorite Color | White |
| Favorite Hobbies | Reading, Watching Food Shows |
| Favorite Cricketer | Sachin Tendulkar |
| Favorite Singer | A.R. Rahman |
| Favorite Film Director | Guru Dutt |
House
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 |
| Eye Color | Black |
| Hair Color | Salt & Pepper |
| Height In CM | 168 CM |
| Height In Meter | 1.68 M |
| Nationality | Indian |
| Parents | Father: Radheshyamji Jhunjhunwala Mother: Urmila Jhunjhunwala |
| Profession | Investor Trader Businessman Chartered Accountant |
| Siblings | Brother: Rajesh Jhunjhunwala Sister: Sudha Gupta, Neena Sanganeria |
| Spous | Rekha Jhunjhunwala |
| Weight | 85 Kg 187 Lbs |
| Zodiac Sign | Cancer |
Comments
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JHUNJUNWALA WAS MY COLLEGE MET IN Sydenham College of Commerce and Economics Bombay between 1956 and 1960 (first name I have forgotten) He became for his acting in stage drama Insan Shatan Bhagwan written and directed by our Urdu Professor Siddiqui