Introduction
Rakesh Jhunjhunwala was one of India’s most influential stock market investors, entrepreneurs and philanthropists. Often called the “Warren Buffett of India”, he built an extraordinary investment portfolio with sharp analysis, fearless decisions and deep market understanding. His journey from a middle-class background to becoming a billionaire remains one of the most inspiring stories in Indian financial history.
Rakesh Jhunjhunwala Biography / Wiki
| Category | Details |
|---|---|
| Full Name | Rakesh Jhunjhunwala |
| Date of Birth | July 5, 1960 |
| Birthplace | Mumbai, Maharashtra, India |
| Nationality | Indian |
| Profession | Investor, Trader, Entrepreneur |
| Known As | Big Bull of India |
| Years Active | 1985 – 2022 |
Early Life
Rakesh Jhunjhunwala was raised in a middle-class Marwari family in Mumbai. His father, who worked as an income tax officer, introduced him to stock market discussions at home, which sparked his early interest in trading.
Childhood Traits
Sharp with numbers
Curious and analytical
Calm thinker
Naturally entrepreneurial
Strong observation skills
Family & Background
Family Details
Father: Radheshyam Jhunjhunwala – Income Tax Officer
Mother: Urmila Jhunjhunwala – Homemaker
Wife: Rekha Jhunjhunwala – Investor
Children: Aryaman, Aryaveer and Nishtha
His wife also became an active investor and continues managing his portfolio.
Education
Rakesh completed B.Com from Sydenham College, Mumbai, and later pursued Chartered Accountancy (CA).
His strong financial foundation played a huge role in his stock market success.
Early Career – The Beginning of the Big Bull
Rakesh entered the stock market in 1985 with just ₹5,000. His first major profit came from the shares of Tata Tea, where he earned nearly ₹5 lakh within months.
Early Lessons
Markets reward patience
Invest in businesses, not just stock prices
Confidence and conviction build wealth
Rise to Fame – Investment Style
Rakesh Jhunjhunwala’s investment philosophy was based on deep research, long-term thinking and strong business potential.
His Approach
Long-term investing
Contrarian calls
High conviction bets
Understanding fundamentals
Emotional control during volatility
He became a role model for millions of retail investors.
Major Investments
Rakesh Jhunjhunwala invested in multiple sectors such as finance, pharma, manufacturing, tech, and aviation.
Some Iconic Holdings
Titan Company
Tata Motors
Lupin
CRISIL
Star Health
Aurobindo Pharma
Metro Brands
His investment in Titan became one of the biggest wealth creators in Indian stock market history.
Business Ventures
Apart from stock investing, he also founded businesses, including:
Akasa Air – A low-cost airline launched in 2022
Production ventures in the entertainment industry
Multiple private equity investments
He believed in building strong Indian companies that could grow globally.
Rakesh Jhunjhunwala Net Worth
Estimated Net Worth (At Time of Passing)
Around ₹30,000–32,000 Crore (Approx.)
Why His Net Worth Became So High
Long-term stock holdings
Early investments in multi-bagger companies
Strategic diversification
High conviction equity bets
Business ownership
Major Income Sources
Stock market investments
Dividends
Private equity and startups
Business ventures
Achievements
Known as the Big Bull of Indian markets
Built one of the largest personal portfolios in India
Influenced millions of new investors
Helped create employment and supported businesses
Donated generously to social causes
Personal Life
Rakesh Jhunjhunwala was known for his straightforward nature, humor and grounded personality.
Personal Highlights
Deeply attached to family
Loved aviation and Bollywood
Passionate about politics, economics and public policy
Known for his warm and outspoken personality
Death
Rakesh Jhunjhunwala passed away on August 14, 2022, due to health complications.
His legacy continues through his investments and influence.
Legacy
Rakesh Jhunjhunwala remains an iconic figure in Indian stock market history.
What He Represents
Self-made billionaire
Symbol of conviction investing
Inspiration for traders and investors
A visionary who believed in India’s growth story
His journey continues to guide millions in financial markets.
Frequently Asked Questions
What is Rakesh Jhunjhunwala’s net worth?
Approximately ₹30,000–32,000 crore at the time of his passing.
Why was he called the Big Bull?
Because of his high-conviction bullish investments in Indian markets.
Which is his most famous investment?
Titan Company, one of India’s biggest multi-bagger stocks.
What business did he launch?
He founded Akasa Air in 2022.
Disclaimer
This article is for informational purposes only and is not officially connected to Rakesh Jhunjhunwala. All details are based on publicly available information.
