Country’s veteran businessman Rakesh Jhunjhunwala is no more. Rakesh Jhunjhunwala, who was considered the Warren Buffett of India, passed away at 6.45 am on the morning of August 14 at Mumbai’s Bridge Candy Hospital. Let us inform that Rakesh Jhunjhunwala was discharged from this hospital a few days ago after a long illness.
Rakesh Jhunjhuwala was born on 5 August 1960, he was a Chartered Accountant by profession. He used to run a company called Rare Enterprises which looks after the portfolio management of him and his wife Rekha Jhunjhunwala.
Wanted to invite these veterans including Vajpayee for dinner
This week, Rakesh Jhunjhunwala-invested Akasa Air started its air services. On August 7, Rakesh Jhunjhunwala reached on a wheel chair on the occasion of the inauguration of Akasa Air. Rakesh Jhunjhuwala once told the media that he wants to invite former British Prime Minister Winston Churchill, former Prime Minister of India Atal Bihari Vajpayee and America’s big investor George Soros for dinner at his new home. He had said that this is his dream but he knows that it can never be fulfilled now.
Jhunjhunwala’s image was like ‘Aladdin’s lamp’
Rakesh Jhunjhunwala was considered an investor like Aladdin’s lamp in the stock market. Apart from being a stock market trader, he was also a chartered accountant. According to Forbes magazine, he was ranked 48th in the list of the richest people in India in terms of wealth.
He was the chairman of companies like Hungama Media and Uptech Computer. Apart from this, he was also on the Board of Directors of companies such as Viceroy Hotels, Concorde Biotech, Provogue India and Geoji Financial Services.
Was interested in stock market since college days
Jhunjhunwala started interfering in the stock market from his college days. He joined the Institute of Chartered Accountants of India, but after completing his degree from there, he chose the stock market as his career.
Rakesh Jhunjhuwala started his journey in the stock market in the year 1985 with a capital of just Rs 5000. His capital increased to Rs 11,000 crore in September 2018.
Jhunjhunwala has always been considered a risk taker trader in the stock market. It is said that he had taken money from his brother’s customers saying that they would give him more returns than the fixed deposits and he had done so.
Rakesh Jhunjhunwala is survived by his wife Rekha Jhunjhunwala, daughter Nistha and two sons Aryaman and Aryaveer.
Expansion
Country’s veteran businessman Rakesh Jhunjhunwala is no more. Rakesh Jhunjhunwala, who was considered the Warren Buffett of India, passed away at 6.45 am on the morning of August 14 at Mumbai’s Bridge Candy Hospital. Let us inform that Rakesh Jhunjhunwala was discharged from this hospital a few days ago after a long illness.
Rakesh Jhunjhuwala was born on 5 August 1960, he was a Chartered Accountant by profession. He used to run a company called Rare Enterprises which looks after the portfolio management of him and his wife Rekha Jhunjhunwala.
Wanted to invite these veterans including Vajpayee for dinner
This week, Rakesh Jhunjhunwala-invested Akasa Air started its air services. On August 7, Rakesh Jhunjhunwala reached on a wheel chair on the occasion of the inauguration of Akasa Air. Rakesh Jhunjhuwala once told the media that he wants to invite former British Prime Minister Winston Churchill, former Prime Minister of India Atal Bihari Vajpayee and America’s big investor George Soros for dinner at his new home. He had said that this is his dream but he knows that it can never be fulfilled now.
Jhunjhunwala’s image was like ‘Aladdin’s lamp’
Rakesh Jhunjhunwala was considered an investor like Aladdin’s lamp in the stock market. Apart from being a stock market trader, he was also a chartered accountant. According to Forbes magazine, he was ranked 48th in the list of India’s richest people in terms of wealth.
He was the chairman of companies like Hungama Media and Uptech Computer. Apart from this, he was also on the Board of Directors of companies such as Viceroy Hotels, Concorde Biotech, Provogue India and Geoji Financial Services.
Was interested in stock market since college days
Jhunjhunwala started interfering in the stock market from his college days. He joined the Institute of Chartered Accountants of India, but after completing his degree from there, he chose the stock market as his career.
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