{"id":19504,"date":"2025-07-05T05:41:51","date_gmt":"2025-07-05T05:41:51","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=personal-finance&#038;p=19504"},"modified":"2025-07-07T05:53:07","modified_gmt":"2025-07-07T05:53:07","slug":"how-rakesh-jhunjhunwala-became-a-billionaire","status":"publish","type":"personal-finance","link":"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/","title":{"rendered":"Rakesh Jhunjhunwala: How He Became India\u2019s Billionaire &#8220;Big Bull&#8221;"},"content":{"rendered":"\n<p>Rakesh Jhunjhunwala, one of India&#8217;s most successful and famous investors, is also known as the &#8220;Big Bull of India&#8221;. Coming from a simple family and starting with just \u20b9 5,000, this chartered accountant made his mark in the stock market.&nbsp;<\/p>\n\n\n\n<p>In this blog, we will know how Rakesh Jhunjhunwala made a fortune worth crores, interesting information related to his net worth, and educational background.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Early_Life_Education\" title=\"Early Life &amp; Education\">Early Life &amp; Education<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Starting_the_Investment_Journey\" title=\"Starting the Investment Journey\">Starting the Investment Journey<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Rakesh_Jhunjhunwalas_Net_Worth_Over_Time\" title=\"Rakesh Jhunjhunwala\u2019s Net Worth Over Time\">Rakesh Jhunjhunwala\u2019s Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Rakesh_Jhunjhunwala_Per_Day_Income_Portfolio_Strategy\" title=\"Rakesh Jhunjhunwala Per Day Income &amp; Portfolio Strategy\">Rakesh Jhunjhunwala Per Day Income &amp; Portfolio Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Beyond_Stock_Market_Akasa_Air_Private_Ventures\" title=\"Beyond Stock Market: Akasa Air &amp; Private Ventures\">Beyond Stock Market: Akasa Air &amp; Private Ventures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Investment_Philosophy_Life_Lessons\" title=\"Investment Philosophy &amp; Life Lessons\">Investment Philosophy &amp; Life Lessons<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Life_After_Death_Legacy_Family_and_Impact\" title=\"Life After Death: Legacy, Family, and Impact&nbsp;\">Life After Death: Legacy, Family, and Impact&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/personal-finance\/how-rakesh-jhunjhunwala-became-a-billionaire\/#Frequently_Ask_Questions_FAQs\" title=\"Frequently Ask Questions (FAQs)\">Frequently Ask Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-early-life-amp-education\"><span class=\"ez-toc-section\" id=\"Early_Life_Education\"><\/span>Early Life &amp; Education<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Detail<\/th><th class=\"has-text-align-left\" data-align=\"left\">Information<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Name<\/td><td class=\"has-text-align-left\" data-align=\"left\">Rakesh Radheshyam Jhunjhunwala<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Date of Birth<\/td><td class=\"has-text-align-left\" data-align=\"left\">5 July 1960<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Place of Birth<\/td><td class=\"has-text-align-left\" data-align=\"left\">Hyderabad, Telangana (then Andhra Pradesh)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Father\u2019s Name<\/td><td class=\"has-text-align-left\" data-align=\"left\">Radheshyam Jhunjhunwala<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Education<\/td><td class=\"has-text-align-left\" data-align=\"left\">B.Com (Sydenham College), Chartered Accountant (ICAI)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Profession<\/td><td class=\"has-text-align-left\" data-align=\"left\">Investor, Trader, Businessman<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Date of Death<\/td><td class=\"has-text-align-left\" data-align=\"left\">14 August 2022, Mumbai, Maharashtra, India<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Rakesh Jhunjhunwala was born in a Marwari family, where the concepts of \u200b\u200bbusiness and investment were part of everyday conversation since childhood. His father was an officer in the Income Tax Department and was himself interested in the stock market. From here, Rakesh ji&#8217;s interest also grew towards the market. From childhood, he used to hear his father talking about shares and gradually he started reading share prices and names of companies in newspapers.<\/p>\n\n\n\n<p>He graduated in commerce from Sydenham College, Mumbai. After this, he started studying chartered accountancy and in 1985 he became a qualified CA. During his studies, he understood that he wanted to make a career in the stock market.<\/p>\n\n\n\n<p>Soon after becoming a CA, he entered the stock market with a capital of \u20b95,000. At that time he did not have any big resources, but he had confidence, knowledge of doing research and courage to take risks. This quality makes him different from millions of investors. He understood the market not just as a source of income but as an art and a science \u2013 and this thinking earned him the title of \u201cBig Bull of India\u201d.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/rakesh-jhunjhunwalas-penny-stocks-list\/\">Rakesh Jhunjhunwala Penny Stocks<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-starting-the-investment-journey\"><span class=\"ez-toc-section\" id=\"Starting_the_Investment_Journey\"><\/span>Starting the Investment Journey<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Lets look at the journey of Rakesh Jhunjhnwala in the stock market over the years:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Started Investment Journey with just \u20b95,000 : <\/strong>Rakesh Jhunjhunwala entered the stock market in 1985, when he started his investment with just \u20b95,000. At that time, the BSE Sensex was only around 150. This was the time when common people considered the stock market as gambling, but Rakesh ji saw it as an opportunity.<\/li>\n\n\n\n<li><strong>Initial Loans from brother&#8217;s clients :<\/strong>His conviction and dedication impressed his brother\u2019s clients, who trusted him with \u20b92.5 lakh to invest. With this capital, he expanded his initial investment a little and focused on investing in some good stocks.<\/li>\n\n\n\n<li><strong>First big profit : <\/strong>His first notable profit came in 1986, not long after entering the market. At that time, he bought 5,000 shares of Tata Tea at a price of \u20b943. In just a few months, this stock reached \u20b9 143. That is, his investment grew to almost three times his initial stake. This success was a turning point for him, which convinced him that with research, patience and time, big money can be earned from the stock market.<\/li>\n\n\n\n<li><strong>Gradually built a strong portfolio : <\/strong>After Tata Tea, he identified good companies one after the other and invested in them for the long term. Companies like Sesa Goa, Lupin, Titan, Crisil became part of his portfolio. Rakesh Jhunjhunwala believed that if the fundamentals of the company are strong, then it is beneficial to invest in it for years.<\/li>\n\n\n\n<li><strong>Investment thinking : <\/strong>He did not just buy shares &#8211; he understood the company. He always believed in quality business and did not run after popular stocks. He held his investments for the long term, due to which his winners yielded multibagger returns over time.<\/li>\n<\/ul>\n\n\n\n<p>He always believed in the principle: &#8220;Buy right, sit tight.&#8221; i.e., invest in the right company and then stay patient.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rakesh-jhunjhunwala-s-net-worth-over-time\"><span class=\"ez-toc-section\" id=\"Rakesh_Jhunjhunwalas_Net_Worth_Over_Time\"><\/span>Rakesh Jhunjhunwala\u2019s Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Net Worth Timeline<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Year<\/th><th class=\"has-text-align-left\" data-align=\"left\">Estimated Net Worth<\/th><th class=\"has-text-align-left\" data-align=\"left\">Sources and descriptions<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1985 (beginning)<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b95,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Started investing with his own savings<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">1990<\/td><td class=\"has-text-align-left\" data-align=\"left\">Approx. \u20b925 lakhs<\/td><td class=\"has-text-align-left\" data-align=\"left\">Early investment in stocks like Tata Tea, Sesa Goa yielded profits<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2002<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9250 crores +&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">Stocks like Titan, Praj Industries gave tremendous returns<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2013<\/td><td class=\"has-text-align-left\" data-align=\"left\">$1.3 Billion (~\u20b99,000 Cr)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Forbes India Billionaires List<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2018<\/td><td class=\"has-text-align-left\" data-align=\"left\">$3 Billion (~\u20b921,000 Cr)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Growth of Multibagger Stocks<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">August 2022 (Death)<\/td><td class=\"has-text-align-left\" data-align=\"left\">$5.8 Billion (~\u20b946,000 Cr)<\/td><td class=\"has-text-align-left\" data-align=\"left\">His net worth before death according to Forbes and ET<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">January 2025<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b950,310 crore<\/td><td class=\"has-text-align-left\" data-align=\"left\">Based on listed portfolio of RARE Enterprises<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 2025<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b964,552.8 crore<\/td><td class=\"has-text-align-left\" data-align=\"left\">Trendlyne data Public holdings of 27 stocks<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rakesh-jhunjhunwala-per-day-income-amp-portfolio-strategy\"><span class=\"ez-toc-section\" id=\"Rakesh_Jhunjhunwala_Per_Day_Income_Portfolio_Strategy\"><\/span>Rakesh Jhunjhunwala Per Day Income &amp; Portfolio Strategy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Rakesh Jhunjhunwala&#8217;s net worth was around \u20b946,000 crores at the time of his death in 2022, which has increased to more than \u20b964,500 crores by 2025. The value of his portfolio changes drastically every day due to the market fluctuations. His income cannot be compared to a salary with a fixed amount, but it was completely based on the performance of his invested stocks and dividends received.<\/p>\n\n\n\n<p><strong>Features of Portfolio Strategy : <\/strong>His investment strategy was clear; he held strong companies for the long term and did not believe in frequent trades. He believed that the most effective way to earn profits was to identify quality companies and stay invested for the long term.<\/p>\n\n\n\n<p><strong>Key points of his strategy:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Investment in companies with strong fundamentals<\/li>\n\n\n\n<li>Focus on the quality of management<\/li>\n\n\n\n<li>Clear thinking of long-term growth<\/li>\n\n\n\n<li>Limited portfolio rebalancing<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-beyond-stock-market-akasa-air-amp-private-ventures\"><span class=\"ez-toc-section\" id=\"Beyond_Stock_Market_Akasa_Air_Private_Ventures\"><\/span>Beyond Stock Market: Akasa Air &amp; Private Ventures<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Rakesh Jhunjhunwala wasn\u2019t just a stock market investor he was also a visionary businessman who contributed to India\u2019s economy.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Co\u2011Founder of Akasa Air : <\/strong>He joined Akasa Air in July 2021 and invested $35 million in the initial round, giving him a nearly 40% stake. He increased his investment to bring his total stake to 46%, making him Akasa Air\u2019s largest stakeholder. Today, Akasa Air\u2019s fleet has expanded to 27 aircraft and offers services across 28 destinations.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Boardrooms &amp; Mentorship : <\/strong>He served on the boards of several companies: places like Aptech, Hungama Digital Media, Praj Industries, Nagarjuna Construction Company, Prime Focus and Geojit Financial Services, etc. Jhunjhunwala wasn\u2019t just an investor; he was a guide to the people trying to establish their businesses.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>India\u2011First Growth Vision : <\/strong>He believed that India\u2019s growth story had just begun. Whether it was the aviation sector or technology, he looked at everything as an opportunity. Akasa Air exemplifies this vision as an airline that not only offers top-notch services but also wants to contribute to India\u2019s economic growth.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-investment-philosophy-amp-life-lessons\"><span class=\"ez-toc-section\" id=\"Investment_Philosophy_Life_Lessons\"><\/span>Investment Philosophy &amp; Life Lessons<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Rakesh Jhunjhnwala\u2019s investment philosophy and life lessons can be summarized in the following points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Do thorough research and analysis : <\/strong>Rakesh Jhunjhunwala believed that no investment in the stock market should be made without research. He used to invest only after doing thorough research on the fundamentals, management quality and future growth of the company.<\/li>\n\n\n\n<li><strong>Diversification is essential: <\/strong>He always emphasized on diversifying portfolios. He considered it risky to invest all the money in a single sector or stock. He believed that investing in different sectors reduces the risk and ensures stability in the long term.<\/li>\n\n\n\n<li><strong>Buy Right, Sit Tight : <\/strong>His most famous thought was &#8211; &#8220;Buy Right, Sit Tight&#8221;. But this did not mean just buying shares and sitting tight. He used to say that the mark of a real investor is to identify a strong company and trust it for a long time.<\/li>\n\n\n\n<li><strong>Long term vision : <\/strong>Jhunjhunwala believed that the market is not always stable. There will be periods of significant fluctuations, but a wise investor is the one who does not panic at that time; rather trusts his rationale behind investments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>He did not consider investment as just a means of earning money. According to him, every loss is a lesson and every investment is a learning. His mantra was trust knowledge and analysis, not tips.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/top-investors-in-india-and-their-portfolios\/\">10 Top Investors In India And Their Portfolios<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-life-after-death-legacy-family-and-impact-nbsp\"><span class=\"ez-toc-section\" id=\"Life_After_Death_Legacy_Family_and_Impact\"><\/span>Life After Death: Legacy, Family, and Impact&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The news of the sudden demise of Rakesh Jhunjhunwala on 14 August 2022 left the entire nation stunned. On his demise, everyone from common investors to veteran business leaders paid tribute to him on social media.<\/p>\n\n\n\n<p>After him, his wife Rekha Jhunjhunwala carried forward his investment legacy. The companies included in his portfolio are still standing strong, and the firm RARE Enterprises founded by him is active in the investment world.<\/p>\n\n\n\n<p>Rakesh ji inspired millions to start their investment journey with his thoughts and experiences. Even today, his words &#8220;Be patient, keep learning, do research&#8221; guide the new generation of investors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Rakesh Jhunjhunwala&#8217;s story tells us that to be successful in the stock market, it is not necessary to start with a huge amount- you just need to have knowledge and the courage to hold your investments during volatile market conditions. The knowledge he has left behind through his decisions remains an inspiration for every investor even today. His journey proves that with discipline, knowledge, and patience, even modest beginnings can lead to extraordinary success in the stock market.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-motors-vs-ashok-leyland\/\">Tata Motors Vs Ashok Leyland: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-power-vs-adani-power\/\">Tata Power Vs Adani Power: Comparison Of Two Energy Giants<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/sail-vs-tata-steel\/\">SAIL Vs Tata Steel: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-motors-vs-maruti-suzuki-analysis-of-auto-stocks\/\">Tata Motors vs Maruti Suzuki? Analysis of Auto Stocks<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-steel-vs-jsw-steel\/\">Tata Steel vs. JSW Steel: A Comparative Analysis Of Two Steel Giants<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-ask-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Ask_Questions_FAQs\"><\/span>Frequently Ask Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What was Rakesh Jhunjhunwala\u2019s net worth at the time of his death?<\/h3><p class=\"saswp-faq-answer-text\">His net worth at the time of his death was around \u20b946,000 crore.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">How did Rakesh Jhunjhunwala start his stock market journey?<\/h3><p class=\"saswp-faq-answer-text\">He started with \u20b95,000 in 1985, when the Sensex was around 150.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What was Rakesh Jhunjhunwala\u2019s daily income?<\/h3><p class=\"saswp-faq-answer-text\">There is no fixed figure as his net worth fluctuates daily due to change in market prices of stocks he holds.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What was his educational background?<\/h3><p class=\"saswp-faq-answer-text\">He studied Chartered Accountancy (CA) and graduated from Sydenham College.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Who is managing his investments now?<\/h3><p class=\"saswp-faq-answer-text\">His wife Rekha Jhunjhunwala and the RARE Enterprises team are carrying forward his investment legacy.<\/p><\/ul><\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rakesh Jhunjhunwala, one of India&#8217;s most successful and famous investors, is also known as the &#8220;Big Bull of India&#8221;. Coming from a simple family and starting with just \u20b9 5,000, this chartered accountant made his mark in the stock market.&nbsp; In this blog, we will know how Rakesh Jhunjhunwala made a fortune worth crores, interesting [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":19506,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-19504","personal-finance","type-personal-finance","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rakesh Jhunjhunwala: How He Became India\u2019s Billionaire &quot;Big Bull&quot;<\/title>\n<meta name=\"description\" content=\"Rakesh Jhunjhunwala has been an inspiration to retail investors in India. 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