India's Big BULL A.K.A Rakesh Jhunjhunwala is no moreR.I.P
Rakesh Jhunjhunwala was born on 5 July 1960 at Hyderabad inRajasthani family
Jhunjhunwala, the son of an income tax officer, began dabbling in stocks while still in college. He started investing with $100 in 1985, when the Bombay Stock Exchange Index was 150; it currently trades at more than 60,000.
He registered in the Institute of Chartered Accountants of India after graduating from Sydenham College in 1985 to become a CA.
He purchased 5,000 shares of Tata Tea for Rs 43, and it was selling at Rs 143 three months later. He profited more than three times over by selling Tata tea stocks. In the next years. Rakesh Jhunjhunwala made a lot of money through stocks.
Jhunjhunwala, the Big Bull of Indian markets, with a net worth of $5.8 billion (Rs.461,841,240.00 (INR) ) as of August 2022. He invested both personally and via his company, Rare Enterprises.
He began his career in the Indian stock market in 1985 with just Rs 5,000 and is now worth more than Rs 40,000 crore.
Rakesh married Rekha Jhunjhunwala on Sunday, February 22, 1987. The couple experienced a difficult pregnancy. After six cycles of IVF, his wife gave birth to their daughter Nishtha on June 30, 2004. Aryaman and Aryaveer, his twin boys, were born on March 2, 2009.