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Mar 8, 2021 · Harshad Mehta’s net worth came from his stockbroking talent. However, he also was the “kingpin” of a securities scam that rocked the Bombay Stock Exchange.
Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 Crores) made him infamous as a market manipulator .
Oct 17, 2023 · Harshad Mehta is no more alive, but Harshad Mehta's brother is estimated to have built a very high net worth. Reportedly, Harshad Mehta net worth when he was alive was estimated to be nearly $475 Million, which could be roughly converted into INR 3542 Crores .
Quick Info→. Age: 47 Years. Death Date: 31/12/2001. Education: B.Com. Some Lesser Known Facts About Harshad Mehta. Born into a Gujarati Jain family, Harshad Mehta was a stockbroker who carried out the 1992 stock market scam, apparently, the biggest ever stock market scam in India.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD.
Jun 9, 2023 · According to corporate shareholdings disclosed for December 31, 2022, Mehta owns 2 stocks publicly of around Rs. 176.6 Cr which also imparts the value to Harshad Mehta net worth. Here are some of the Harshad Mehta stocks he bought in and attempted to manipulate:
At the peak of his career, Harshad Mehta’s net worth was estimated to be around INR 2,000 crore (approximately $272 million). His wealth was acquired through a combination of stock market manipulation, fraudulent practices, and a deep understanding of the loopholes in India’s banking system.
Sep 27, 2023 · A self-made millionaire, Harshad Mehta net worth stood at Rs 3,542 crores when he was at the peak of his stock-broking game. In dollar terms, Harshad Mehta net worth could be converted to over USD 480 million.
Mar 22, 2024 · Harshad Mehta, an Indian stockbroker and convicted fraudster, is estimated to have a net worth of approximately $7 billion. His involvement in the 1992 Indian securities scam led to his arrest and subsequent downfall.
Jun 23, 2021 · The greed for money led to India’s biggest stock market scam of 1992 when Harshad Mehta, also known as the Big Bull of Dalal Street, deceived the entire nation of Rs 4,000 cr. Here are 10 facts about him. This article covers: Fact No. 1: Came to Mumbai dirt poor. Fact No. 2: Became the “Big B” of the stock market.
