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Quotes and quips along the life and times of Rakesh Jhunjhunwala

He was brought to Mumbai's Breach Candy Hospital at 6:45am today and later declared dead. He suffered from multiple ailments.

August 15, 2022 / 05:38 PM IST
A billionaire investor, also called the Big Bull of Dalal Street, Rakesh Jhunjhunwala passed away at the age of 62. He was brought to Mumbai's Breach Candy Hospital at 6:45am today and later declared dead. He suffered from multiple ailments.
A billionaire investor, also called the Big Bull of Dalal Street, Rakesh Jhunjhunwala passed away at the age of 62. He was brought to Mumbai's Breach Candy Hospital at 6:45am today and later declared dead. He suffered from multiple ailments.
Born and brought up in Mumbai, India on 5th July 1960 in a middle class family, his father worked as a tax officer. He obtained the degree of chartered accountancy from Sydenham College in 1985.
Born in Mumbai on  July 5, 1960 in a middle class family, his father worked as a tax officer. He obtained the degree of chartered accountancy from ICAI in 1985.
A chartered accountant by profession, he chaired the Hungama Media, Aptech ad well as held the chairs of a board member in various Indian companies.
A chartered accountant by profession, he held the chairs of a board member in various Indian companies including Hungama Media and Aptech.
Popularly known as India's Warren Buffet, he had a net worth of close to $5.8 billion, as stated by the Forbes. He also made it to the Forbes list of 2022.
Popularly known as India's Warren Buffet, he had a net worth of close to $5.8 billion, as stated by the Forbes. He also made it to the Forbes list of 2022.
Rakesh Jhunjhunwala held a 40% stake in Akasa Air. He also had taken aboard veterans from the aviation industry like Vinay Dune, the former Jet Airways CEO, as well as the ex-Indigo  President Aditya Ghosh for the functioning of the company.
Rakesh Jhunjhunwala held a 40 percent stake in Akasa Air. He also had taken aboard veterans from the aviation industry like Vinay Dune, the former Jet Airways CEO, as well as the former IndiGo president Aditya Ghosh for the functioning of the company.
Share trading comes naturaly to him. He made about Rs 2 to 2.5 million in trading the stocks of Vedanta. One of his most recognised stocks in his portfolio is Titan, the shares of which he purchased in 2002-03 at the rate of Rs 3 per share. Today, theyre selling at Rs 1,182 in the stock market while he generates a revenue of 35 lakhs per hour over an investment of Rs 8100 crores. 
Share trading comes naturally to him. He made about Rs 2 to 2.5 million in trading the stocks of Vedanta. One of his most recognised stocks in his portfolio is Titan, the shares of which he purchased in 2002-03 at the rate of Rs 3 apiece. Today, they are selling at Rs 1,182 in the stock market while he generates a revenue of Rs 35 lakh per hour over an investment of Rs 8,100 crore.
Saloni Dhumne
first published: Aug 14, 2022 10:59 am
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