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Aug 15, 2022 · Rakesh Jhunjhunwala is also survived by his three children. His daughter Nishtha Jhunjhunwala was born in 2004. In 2009, he welcomed twin sons Aryaman and Aryaveer Jhunjhunwala.
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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.
- Aaryan
Rakesh Jhunjhunwala married Rekha Jhunjhunwala on 22 February 1987. The couple had three children. Their daughter Nishtha was born on 30 June 2004, Their twin sons Aryaman and Aryaveer were born on 2 March 2009.
Rakesh Jhunjhunwala was born on July 5, 1960, in Hyderabad, India, into a Marwari family. His father was an Income Tax Officer posted in Mumbai. He was the youngest member of a middle-class family and had a brother named Rajesh.
In 2020, Mr Jhunjhunwala was investigated by SEBI for alleged insider trading in the shares of Aptech, an IT education firm owned by him and his family. The board sent a show-cause notice stating that it was going to freeze Mr Jhunjhunwala's bank accounts.
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Aug 29, 2022 · She has an equity portfolio worth Rs 9,800 crore across different sectors. The couple has three children daughter Nishtha born in 2004 and twin sons Aryaman and Aryaveer born in 2009.
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Known for his mastery in trading of stocks for long-term investing, Rakesh Jhunjhunwala was a self-made trader who rose to become one of the most influential market voices in India.
