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Happy Birthday Rakesh Jhunjhunwala: Check out 10 golden quotes of the Big Bull
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Happy Birthday Rakesh Jhunjhunwala: Check out 10 golden quotes of the Big Bull
Jul 4, 2022 9:29 PM

Often referred to as India's Warren Buffett, Rakesh Jhunjhunwala, started dabbling in stocks while still in college.

Jhunjhunwala, who is a trader and also a Chartered Accountant began investing with USD 100 in 1985 when the Bombay Stock Exchange Index was at 150.

An investor with a Midas touch, Jhunjhunwala’s most valuable listed holding is watch and jewellery maker Titan.

Over the years, the ace investor has successfully invested in CRISIL, Sesa Goa, Praj Industries, Aurobindo Pharma and NCC.

His early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies were listed in 2021.

Jhunjhunwala also runs a privately-owned stock trading firm called RARE Enterprises. The trading firm derives its name from the first two initials of his name and his wife Rekha's name.

He is also the latest entrant in the aviation market with his latest venture Akasa airlines. The airline is expected to take flight by the end of this month.

On the philanthropic side, Jhunjhunwala contributes to St Jude, a shelter for cancer-affected children.

He also contributes to Agastya International Foundation and Arpan, an entity that helps create awareness among children on sexual exploitation.

He is also building an eye hospital in Navi Mumbai, which will perform 15,000 eye surgeries free of cost.

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