Autobiography of rakesh jhunjhunwala
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Rakesh Jhunjhunwala Biography: Death, Net Worth, Age, House, Investments, Family and other details
Rakesh Jhunjhunwala Biography: Veteran Stock marknad investor Rakesh Jhunjhunwala passed away on August 14, 2022, at the age of 62 after suffering from kidney ailments. Reportedly, Rakesh Jhunjhunwala was undergoing dialysis on a regular basis as both his kidneys had failed. He was brought to the Candy Breach Hospital at 6.45 am and was declared dead.
Rakesh Jhunjhunwala was an Indian billionaire, business magnate, lager trader, and investor who began investing in 1985 with a capital of Rs. 5,000 with his first major profit in 1986. At the time of his death, Jhunjhunwala had an estimated net worth of $5.8 billion which made him the 438th richest person in the world.
Rakesh Jhunjhunwala, besides being an investor, had also served as the Chairperson and director for several companies and was also a founder of Akasa Air. He was also referred to as India's Warren Buff
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Rakesh Jhunjhunwala
This is the story of Rakesh Jhunjhunwala and how he turned a mere 5000 rupees into a massive 20,000 crore rupees.
Rakesh Jhunjhunwala is arguably the king of Indian stock market. His success has inspired millions of Indians to participate in the stock market and his story is now a case study in almost every Business-school.
And why not? He is the one of the richest man around, with Forbes ranking him #61 in the list of richest people in India in 2018.
And this is especially impressive because he was not born into influential families like Tatas or Ambanis. He is a self-made billionaire, who some call “Big Bull” or “Warren Buffet of India”
So, what makes this man special? And more importantly, what is that you and I can learn from Mr. Jhunjhunwala’s success?
For that, let’s start from the beginning- his childhood.
Rakesh was born in 1960 in a middle-class family. His father was an Income tax officer and mother was a housewife.
His father was i
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Rakesh Jhunjhunwala: The Big Bull of the Indian stock market was a trader and investor. His decision-making ability, judgment ability, and vision helped him become a billionaire in the stock market. His interest in financial stocks made him enthusiastic about leading the stock market successfully in spite of tough competition.
Early Life of Rakesh Jhunjhunwala
Family Background
India’s Rakesh Jhunjhunwala was born on July 5, 1960, into a middle-class family. Rakesh was raised in a strict environment because his father was an income tax officer. He showed an early interest in the stock market despite experiencing financial difficulties.
Education and Initial Interests
He graduated with a degree in commerce from the University of Mumbai, and his family values education. His perseverance and strategic aptitude are evident in his rise from a modest investor to one of India’s most prominent and successful stock market investors. His family history emphasizes the valu