Rakesh Jhunjhunwala
Rakesh Jhunjhunwala is an Indian Billionaire Investor and Trader. He is a Chartered Accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises.ed by India Today magazine as the “pin-up boy of the current bull run” and by The Economic Times as “Pied Piper of Indian bourses”.
- Investor with a Midas touch, Rakesh Jhunjhunwala is often referred to as India’s Warren Buffett.
- Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college.
- He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 38,000.
- His most valuable holding is watch and jewellery maker Titan, worth $1.1 billion.
- His privately owned stock trading firm Rare Enterprises, derives its name from the first two initials of his name and wife Rekha’s name.
