Rakesh Jhunjhunwala Net Worth 2021: Total Income Of राकेश झुनझुनवाला

Rakesh Jhunjhunwala Net Worth

Today we all know Jhunjhunwala. His full name is Rakesh Jhunjhunwala. Rakesh is popularly known as ‘Big Bull’ in India. In the world of the stock market, he is called the Warren Buffet of India. Today we will talk about Rakesh Jhunjhunwala Net Worth and know how many total assets Jhunjhunwala has. We also look at Rakesh’s life.

Rakesh Jhunjhunwala is one of the famous businessmen of India. It is also a very good investor. He is a big name in the world of the share market. Today we will talk about Rakesh Jhunjhunwala’s biography and will tell you about some stories related to his life.

Rakesh Jhunjhunwala Biography Wiki (राकेश झुनझुनवाला का जीवन परिचय)

Rakesh Jhunjhunwala was born in 1960 in the Marwari family of Mumbai, his father was an income tax officer. There was also a lot of interest in the share market, used to talk about shares with his friends, at the age of about 14, Rakesh Jhunjhunwala asked his father, what is the father’s share market? He said that understanding the stock market is not so easy. Read the newspaper, everyday information about new companies is given in it.

NameRakesh Jhunjhunwala
Date Of Birth9 July 1960
Other NameBill Bull, Warren Buffet of India
Born PlaceHyderabad, India
SpouseRekha Jhunjhunwala
Net Worth1225 CR
Rakesh Jhunjhunwala Net Worth

Before investing money in the stock market, we should know about the ups and downs of the company’s stock. This was Rakesh’s first lesson regarding the stock market. Slowly with age, Rakesh Jhunjhunwala’s interest also started increasing in the stock market.

According to the father’s saying, Rakesh started staying updated with different companies’ news and when he got proper knowledge then he expressed his desire to enter the stock market but his father immediately refused Rakesh Jhunjhunwala, he said that his professional first. complete your studies. After that do as you wish.

Jhunjhunwala net worth: Rakesh Jhunjhunwala told his father that he wants to make a career in the stock market, then his father told him three or four things that he found very useful for him. Rakesh’s father told him to do what he enjoys. I do not come to my friends to ask for money at all.

Later he completed his graduation in Economics and then in 1985 he became a Chartered Accountant. Friends, Rakesh Jhunjhunwala had completed his graduation, now it was time to enter the stock market, but that time he did not have enough money to invest. Rakesh Jhunjhunwala made his first investment with ₹ 5000. BSE Sensex was at 150 points.

Rakesh Jhunjhunwala Net Worth In Rupees

Many people also think that in which companies Rakesh Jhunjhunwala has invested money. According to Trendlyne, a website providing market information, Rakesh Jhunjhunwala has invested in about 39 stocks (39 companies of Rakesh Jhunjhunwala portfolio) according to the data till September 2021 and his net worth is about 24 thousand crores (Rakesh Jhunjhunwala net worth) Is.

Let us tell you that the net worth of Rakesh Jhunjhunwala is 590 crores USD. If we convert it into Indian Rupees then it is approximately 4,43,01,38,90,000 Rs. As per the latest corporate shareholdings filed, Rakesh Jhunjhunwala and Associates publicly hold 39 stocks with a net worth of over Rs. 23,888.9 Cr.

These are shares held by Rakesh Jhunjhunwala and Associates as per the shareholding data filed with the exchanges. The latest quarter tends to have missing data since not all companies may have reported their shareholding data till now.

  1. National Aluminum Company Ltd., in which he has invested Rs 257.6 crore by taking 2.5 crore shares.
  2. Indiabulls Real Estate Ltd., whose 50 lakh shares are with Rakesh Jhunjhunwala. He has invested around Rs 80.3 crore in this company.
  3. Rakesh Jhunjhunwala has an investment of Rs 581.1 crore in Canara Bank, of which he has about 2.9 crore shares.
  4. Rakesh Jhunjhunwala holds about 7.57 crore shares of Federal Bank Limited. He has invested around Rs 776.5 crore in this bank.
  5. Rakesh Jhunjhunwala has invested about Rs 843.9 crore in Steel Authority of India i.e. SAIL (SAIL) Ltd.. He has about 7.25 crore shares of this company.
  6. Titan Company Ltd. is one of the favorite shares of Rakesh Jhunjhunwala. He has invested Rs 10,474.9 crore in this company. He holds about 4.33 crore shares of the company.
  7. Tata Communications Limited (Tata Communications Ltd.), in which Rakesh Jhunjhunwala has bought about 30.75 lakh shares by investing Rs 426.6 crore.
  8. Rakesh Jhunjhunwala has invested Rs 941.2 crore in Escorts Ltd. He has bought about 64 lakh shares of it.
  9. Rakesh Jhunjhunwala has also invested Rs 10 crore in Autoline Industries Ltd. and has bought close to 17.51 lakh shares.
  10. In Man Infraconstruction Ltd., he has bought 30 lakh shares of the company by investing Rs 32.6 crore.
  11. Jhunjhunwala has invested Rs 150.3 crore in TV18 Broadcast Ltd. and has bought 3.5 crore shares of the company.
  12. He has invested Rs 599.2 crore in NCC Ltd. and has bought about 7.83 crore shares of the company.
  13. Jhunjhunwala has an investment of Rs 38.2 crore in Orient Cement Ltd. He has bought 25 lakh shares of this company.
  14. In Prakash Industries Ltd., he has invested Rs 17.2 crore by buying 25 lakh shares.
  15. Rakesh Jhunjhunwala has invested Rs 14.3 crore in Bilcare Ltd. and has bought 19.97 lakh shares.

Rakesh Jhunjhunwala Net Worth Story, House, Lifestyle

Rakesh Jhunjhunwala story: In 1989, Mr. Texture was the finance minister in VP Singh’s government. And the budget of Mr. Madhu Dandawate became the turning point in the life of Mr. Rakesh Jhunjhunwala. Everyone, from the common investor to the big market players, felt that this budget of Mr. Madhu Dandvateka would not be based on business but on social things. So there was fear in the market.

That’s why everyone was Biharish in the market. Rakesh felt that VP Singh was Thakur while he was the prime minister. Who understood business very well. And that is why he will not present such a budget which is harmful to the business.

And then on the budget day exactly what Rakesh had imagined happened. Mr. Madhu Dandavatene presented a very good budget. Which was very supportive of the business. Rakesh Jhunjhunwala’s net worth was Rs 2 crores before Mr. Madhu Dandawate’s budget and after the budget, he went from 40 to 50 crores.

Rakesh Jhunjhunwala Company, Share

Rare Enterprises was founded by Rakesh Jhunjhunwala. Rakesh Jhunjhunwala never regresses from his mistakes but learns something from them. He believes that investing is the only way to learn and that comes from experience and expressing mistakes.

Rakesh jhunjhunwala net worth
Jhunjhunwala net worth

According to Rakesh Jhunjhunwala, the stock market is supreme and the market is never right or wrong, right or wrong, so be it, so whenever you make a mistake, accept that mistake. Learn from that mistake and move on if you don’t accept your mistake then you will never be able to learn Mr. Rakesh Jhunjhunwala is known for his long-term goals but he is also an active trader. At the beginning of his career, he had made his base from trading.

According to him trading always keeps him alert Mr. Rakesh Jhunjhunwala has found many multi-bagger stocks in his career Crisil, Parag Industries, Titan, etc. He has always believed in the growth story of India. He does not get emotionally attached to any stock and gives the same message to others. And buy only to sell stock.

If they feel that any stock is best to hold for a long time then they hold for the long term. Rakesh Jhunjhunwala did not make the stock market his career because one day he had to become a very big wealth traitor and become popular, rather he made the stock market his profession because he is very passionate about the stock market. And he enjoys it.

Rakesh Jhunjhunwala In Scam 1992

Rakesh Jhunjhunwala Scam 1992: He has been featured in a web series named Rakesh Jhunjhunwala Scam 1992. Most of you must have seen this web series. This web series was well-liked. We got a glimpse of insider trading in Scam 1992 and while Harshad Mehta also indulged in it and was penalized by SEBI, Rakesh Jhunjhunwala too has been under the scanner of the financial regulator.

Recently, it was reported by Business Today that Jhunjhunwala earned ₹5.56 crore per day since 23rd March just from one company, Escorts Ltd. The key to him making profits was holding on to the shares despite losses in between to earn greater profits in the long term.

Rakesh Jhunjhunwala Portfolio and Holdings

There has been a change in the portfolio of the stock market veteran and ‘Big Bull’ Rakesh Jhunjhunwala during the September 2021 quarter. Jhunjhunwala has bought a stake in 7 companies during this period, out of which there are new purchases in three companies. At the same time, he has reduced his stake in 12 companies.

In two of these companies, the stake has been reduced to less than 1 percent. Ordinary investors also keep an eye on Rakesh Jhunjhunwala’s portfolio. Seeing this, they also make their portfolio strategy. In such a situation, let us know what has changed in Jhunjhunwala’s portfolio and holdings during July-September 2021.

Rakesh Jhunjhunwala & Associates has bought a stake in seven companies National Aluminum Company Limited (NALCO), Indiabulls Real Estate, Canara Bank, Federal Bank, SAIL, Titan, and Tata Communications during the September 2021 quarter. These include fresh purchases in Nalco, India Bulls, and Canara Bank.