Facts About Rakesh Jhunjhunwala

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India's billionaire investor Rakesh Jhunjhunwala passed away on August 14 at the age of 62

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Here are a few things to know about Rakesh Jhunjhunwala

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Rakesh Jhunjhunwala was born on July 05, 1960, in a Rajasthani family and grew up in Mumbai

Early life

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He graduated from Sydenham College and got enrolled at the Institute of Chartered Accountants of India

Education

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When Jhunjhunwala entered the stock market, Sensex was at 150 points

Stock market

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He had a stake in 47 companies by the end of this year's June quarter.  The companies included Star Health, Titan, Rallis, etc

Stake

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The business tycoon ran a privately owned stock trading company called RARE Enterprises

Private firm

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He was often referred to as India's Warren Buffett and the Big Bull of Indian markets

Popularly known as

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He found India's newest airline Akasa Air which recently started its commercial operation

Airline

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Jhunjhunwala entered the aviation industry during the Covid-19 pandemic. He said that he was prepared for failure when he planned to start the airline

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According to Forbes, Rakesh Jhunjhunwala's net worth is estimated to be $5.8 billion

Net Worth

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