Rakesh Jhunjhunwala is one of the richest persons in India with a net worth of $1.90 billion (September, 2014). He is also one of the most popular share market investors in India. He is also widely known for his stock market trading tips. He is also a qualified Chartered Accountant. He has a good number of fan following among the traders, and businessman.
10 Important Facts About Rakesh Jhunjhunwala
1. Whopping Net Worth
Rakesh Jhunjhunwala net worth is $1.90 billion as of September, 2014 which is equivalent to 126464855000.00 Indian Rupee
2. Business Interests
Rakesh is a popular businessman who have interests in stock market, film producing, trading, and investments.
3. Born and Raised in Mumbai, India
Rakesh was born and raised in Mumbai and considered as one of the masterminds in India in stock market.
4. Made Thousands of Crores in 30 Years
Rakesh Jhunjhunwala has made Rs. 5000 crore in just 30 years from investment of Rs. 5000.
5. Warren Buffet of India
Due to his good analyst and knowledge about stock market in India, he is widely known and accepted as Warren Buffet of India.
6. Foodie and Loves Different Food
Besides making money in stock market, Rakesh jhunjhunwala loves Chinese food and street dosa. He also likes to watch food shows on TV channels. He is food lover by nature.
7. His Father Was IT Officer
Rakesh Jhunjhunwala’s father was income tax officer.
8. Father Is Greatest Inspiration
Rakesh’s father called him, and said “I am very happy to know that you are on the list. But aren’t you shameful? You have billions of dollars of money, but you can’t give away a few dollars in charity? Go and die in a pail of water,”
9. Donate $1 Billion or 25% of Income
Today I donate 25 per cent of my income to charity. In 2020, either a billion dollars or 25 per cent of my wealth, whichever is lesser, I am going to donate as charity.
10. Message to All by Rakesh Jhunjhunwala
Never forget that money is the means to the world, but not the end of it.
Article first published on April 17, 2016.