'Big Bull' Rakesh Jhunjhunwala..

715Z...8vrd
14 Aug 2022
93

Rakesh Jhunjhunwala, who was called the 'Big Bull' of the stock market and Warren Buffet of India, not only had a great portfolio, but also had a wonderful personality and lifestyle. Even in adverse circumstances, Jhunjhunwala was full of positivity and cheerfulness. So let's know some interesting things related to his life.
After B-Com, CA and after CA Rakesh Jhunjhunwala, who became the king of the stock market, started the stock market business in 1985 with just Rs 5000. His positivity can be gauged from the fact that even in the 2008 recession, he was optimistic about the stock market, while the whole world was pulling out of the stock market at that time. Even when the stock market was sinking during the Corona period, Rakesh was bullish.

Journey from 5 thousand to about 40 thousand crores:

According to the report, the net worth is 40 thousand crores, whereas he started investing in the stock market with only five thousand rupees. Rakesh Jhunjhunwala's father was an income tax officer and Rakesh's interest in the market grew when he was discussing the stock market with his friends. He started investing when he was in college. The Sensex was at 150 points at that time.

used to donate 25% of the earnings:

Rakesh Jhunjhunwala was asked a few months back in an interview that how does he see his life now? I know the answer he gave on this question, 'Who to count, what to count, whom to show the balance sheet'. He said that even if he had 10-15% of the entire wealth, he would still have this life. He drank the same whiskey, used the same car and lived in the same house. Because that's what comes to me. Very few people would know that Rakesh Jhunjhunwala used to donate 25% of his earnings.

Started own stock trading firm RARE Enterprises:

In 2003 Rakesh Jhunjhunwala started his own stock trading firm RARE Enterprises. This firm was formed in the name of Rakesh and his wife Rekha. RA means Rakesh and RE means Rekha Jhunjhunwala. Rekha Jhunjhunwala has also been a stock market investor. Both got married in 1989. Like her husband, Rekha also has stake in many companies. In June this year, he got the license of the airline Akasa Air and on 7 August the commercial airlines service also started.

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to Rajat Dhariwal

6 Comments

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.