Net worth of father of Dalal Street: Rakesh Jhunjhunwala

Rakesh Jhunjhunwala (born 5 July 1960) is an Indian Investor and trader and manages the asset firm Rare Enterprises. A qualified Chartered Accountant, he invests in both his own name and his wife’s, Rekha Jhunjhunwala. Jhunjhunwala has been described as India’s Warren Buffett, and his investments are closely tracked by the media. He tends to favor stocks in the finance, tech, retail and pharma sector. As per the latest corporate shareholdings filed, Rakesh Jhunjhunwala and Associates publicly holds 39 stocks with a net worth of over Rs. 23,372.3 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. He has an estimated net worth of $6.1 billion (as of October 2021). Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital PVT. LTD and sits on the board of directors of Prime Focus Limited, Geogit Financial Serivces, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited, and Tops Security Limited and these all companies fetch him a good profit. He is popularly referred to as the “Big Bull of India” and the “King of Bull Market. The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986. Between 1986 and 1989, he earned almost ₹20-25 lakh profit. As of 2021, his biggest investment is in Titan company which is worth ₹7,294.8 crore. Many people blindly follow his portfolio and that as earned them huge profits.