Rakesh Jhunjhunwala: The family man

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Rakesh Jhunjhunwala: The family man

Considered to be the greatest investor in the Indian market, Rakesh Jhunjhunwala, on his fiftieth birthday, admits that 'age' hasn't mellowed him down nor has it stopped him from being a ladies' man. In an exclusive interview with CNBC-TV18's Managing Editor Udayan Mukherjee, Jhunjhunwala sheds light his journey so far and what lies ahead.

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Considered to be the greatest investor in the Indian market, Rakesh Jhunjhunwala, on his fiftieth birthday, admits that "age" hasn't mellowed him down nor has it stopped him from being a ladies' man. In an exclusive interview with CNBC-TV18's Managing Editor Udayan Mukherjee, Jhunjhunwala shares the secrets of his success.

And the most important factor in this journey, he admits, has been his family, "I can tell you one thing, nothing is more important to me than my children and there is no woman I can ever love in my life other than Rekha Jhunjhunwala (wife), come what may."

Moreover, he has had no qualms sharing his success with his family. Says brother Rajesh Jhunjhunwala, "The greatest quality, I think, he has is when he made money, more than himself he wanted to do for the family."

Here is a verbatim transcript of the exclusive interview with Rakesh Jhunjhunwala, his brother, Rajesh and wife Rekha on CNBC-TV18. Also watch the accompanying video.

Rajesh Jhunjhunwala, Brother: Rakesh is baby of the family. He was a sweet, little, chubby boy who was very intelligent. The greatest quality, I think, he has is when he made money, more than himself he wanted to do for the family. Since we were from a middle-class background, air-conditioners were a far dream for us and I remember when we got air-conditioners, we had it in all our three rooms that is mummy's, mine and then Rakesh's.

Q: Are you a family man? Would you describe yourself as a family man or that would not be an appropriate discussion?

A: I don't know how you describe a family man. But I can tell you one thing, nothing is more important to me than my children and there is no woman I can ever love in my life other than Rekha Jhunjhunwala (wife), come what may.

Rekha Jhunjhunwala, Wife: I know he loves me the most.

Q: What do you see your children growing up as, what would you like to see them grow up as?

A: I would like them to grow with two-three things, have their mother's nature, my brains, integrity, responsibility, education. The modern world is all about human rights and human choice, so I want to give them the choice to be what they want to be. I want to give them the freedom to be what they want to be. I don't want them to be fund managers and I don't think that earning wealth is necessarily the pleasure of every human.

Q: The legacy of wealth will not interfere with their ambitions or the way they turn out to be, you think?

A: They will have their own ambitions and they will turn out the way they are. I don't know how they will turn out, but I don't want them necessarily to be investors or people whose professions lead to earning of large wealth. So they could be doctors, they could be lawyers, they could be chartered accountant, whatever they want to do in their life. I want to respect their personal choice whether in terms of career, whether in terms of marriage, whatever.