Rakesh Jhunjhunwala
Rakesh Jhunjhunwala is an Indian business magnate and stocks trader. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. During his early life, Rakesh grew up in a Agarwal Family in Bombay, where his father, worked as Commissioner of Income Tax, Bombay.
Rakesh Jhunjhunwala’s family belongs to Jhunjhunu.. He graduated from Sydenham College[ and thereafter enrolled at the Institute of Chartered Accountants of India.
He has an estimated net worth of $4.6 billion (as of July 2021).
Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited. He is popularly referred to as the “Warren Buffett of India” and the “King of Bull Market”.
Jhunjhunwala invested ₹26 Crores (US$3.4 Million) in A2Z Maintenance increasing his stake in the company by 3.57% to 23.2%.
The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986. Between 1986 and 1989, he earned almost ₹20-25 lakh profit.
As of 2020, his biggest investment is in Titan Company which is worth ₹7725Crores .
Jhunjhunwala also has stakes in privately held companies such as Tata Motors, Crisil, NCC, LUPIN, FORTIS, ESCORTS and Star Health Insurance, Metro Brands and Concord Biotech.
In popular culture
Like the Fake Steve Jobs blog, there is a popular parody blog called The Secret Journal of Rakesh Jhunjhunwala that humorously parodies the Investor’s life. On 7 June 2012, the authors were revealed by The Economic Times to be two people. For the first year, Forbes columnist Mark Fidelman and for the remaining years, Author and Writer Aditya Magal. In the web series Scam 1992, actor Kavin Dave played a role based on him.
He bought 6 crores shares of Titan in 2002-3 at approximate price of Rs 3. Now it’s price is Rs 1600

Rakesh Jhunjhunwala
Date of Birth: 12 Jul 1960
Birth Place: Hyderabad
Proffession: Indian stock trader
Nationality: Indian