We all have read Rakesh Jhunjhunwala stories about how a person built up a net worth of billions through his startup or business, you’ve probably read about it enough. But today we will tell you about a man who invested only Rs 5000 and built a net worth of billions.
Meet late Rakesh Jhujhunwala whose approach to investing was a reflection of who he was. We won’t describe how he built up a net worth of billions through shrewd stock selection. Instead, we’ll talk about his approach to http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/Rakesh Jhunjhunwala investing, his personality, and the convictions that helped him become a successful investor.
The Big Bull Of India, Rakesh Jhunjhunwala
Rakesh Jhunjhunwala was an Indian stock trader and investor. Born on July 5, 1960, in a Rajasthani Marwari household and was raised in Mumbai where his father, Radheshyam Jhunjhunwala, an income tax commissioner was posted. He completed his graduation from Sydenham College and applied for the Institute of Chartered Accountants of India.
Rakesh JhunjhunwalaSource – Facebook
Indian millionaire Rakesh Jhunjhunwala started investing in 1985 with a capital of Rs. 5,000 and made his first significant profit in 1986. He was also a successful stock dealer. Jhunjhunwala was the 438th richest person in the world at the time of his passing with an estimated net worth of $5.8 billion.
Along with being an investor, Rakesh Jhunjhunwala founded Akasa Air and was a chairperson and director for several businesses. He was also known as
