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Learn about the life and career of Rakesh Jhunjhunwala, the legendary stock market investor and trader who died in 2022. Find out his age, family, death cause, controversy, net worth, and more facts.
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Learn about the life and career of Rakesh Jhunjhunwala, an Indian billionaire investor, stock trader, and Chartered Accountant who died in 2022. Find out his family background, education, achievements, controversies, philanthropy, and legacy.
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Rakesh Jhunjhunwala was born on Tuesday, 5 July 1960 (age 62 years; as of 2022) in Hyderabad, Telangana. He was two years old when his family shifted to Mumbai. Rakesh did a Bachelor of Commerce from Sydenham College of Commerce & Economics, Mumbai. He became a Chartered Accountant in 1985. Forbes
As an Investor
Rakesh was a bright student and started dabbling in stocks from a very young age. In an interview, when he was asked who had introduced him to the stock market, he said, Soon, Rakesh made up his mind of becoming a stockbroker. He was advised by his father to first complete his formal education so that he could have a backup plan in case he failed as a stockbroker. Rakesh completed the Chartered Accountancy course in 1985 and began working as a stock trader. Rakesh was strictly advised by his...
As a Film Producer
Mr. Jhunjhunwala was the chairman of Hungama Digital Media Entertainment Pvt. Ltd. He co-produced movies like ‘English Vinglish’ (2012) and Shamitabh (2015) with his mentor and friend, Radhakishan Damani.
Akasa Air
On 7 July 2022, an Air Operator Certificate (AOC) allowed Akasa Air, an Indian airline backed by billionaire and ace investor Rakesh Jhunjhunwala, to carry out commercial air transport operations.
In 2020, Rakesh was under heavy scrutiny from the SEBI for allegedly doing insider trading of the shares of his IT education and training firm, Aptech, during the time frame between February 2016 and September 2016, as reported by an informant. He was sent a show-cause notice by the SEBI stating that the board was going to freeze his bank accounts....
Food: DosaCuisine: ChineseActor: Amitabh Bachchan, Aamir KhanActress: Waheeda RehmanDirector: Guru DuttMr. Jhunjhunwala’s net worth was valued at around $3.1 billion as of 2020. ForbesHis physical assets were listed as follows. 1. A 4,500 sq ft duplex in South Mumbai’s Malabar Hill that Mr Rakesh bought for Rs 25.25 crore. 1. An 18,000 sq ft holiday home with seven bedrooms, a pool, jacuzzi, gym, and a disco in Lonavala. Open Magazine
On 14 August 2022, he died of a sudden cardiac attack, and he took his last breath in Breach Candy Hospital, Mumbai. According to the hospital authorities, he was not well and was being treated at the hospital for a few days. The Times of India
In 2017, he reportedly earned more than Rs. 875 crores in a single day because of the hike in the share price of Titan.
Learn about the life and career of Rakesh Jhunjhunwala, one of the greatest stock market investors in India. He died of a heart attack in 2022, leaving behind his wife Rekha and three children.
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Aug 15, 2022 · Learn about the family of the late billionaire investor Rakesh Jhunjhunwala, who passed away at 62. He was survived by his wife Rekha, a fellow stock market investor, and three children: Nishtha, Aryaman and Aryaveer.
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Aug 14, 2024 · On his second death anniversary, Rakesh Jhunjhunwala's family and Rare Enterprises honored the legendary investor with a newspaper ad. Known as the 'Big Bull' of Indian stock markets, Jhunjhunwala's mantra, 'the less you fear, the more you gain,' was spotlighted in a poem, reflecting his philosophy and legacy.
Aug 24, 2022 · Learn how the late billionaire stock investor Rakesh Jhunjhunwala distributed his wealth among his wife, children and friends in his will. Find out who are the executors and trustees of his estate and how they will manage his investments.
Aug 16, 2022 · He was born in a Rajasthani family and lived in Mumbai (then Bombay) for most of his early life. His surname indicates that his ancestors were born in the Jhunjhunu district of...
