Wednesday, February 2, 2011

Rakesh Jhunjhunwala: Indian Billionaire from Stock Investment

Rakesh Jhunjhunwala: Indian Billionaire from Stock Investment


Rakesh Jhunjhunwala is also known as “Indian Warren Buffet”. He started Investing in the Indian Stock market with a start-up capital of just Rs.5000 (US $ 100) in 1985 when the Stock market was at 200 level. Today Jhunjhunwala is a Forbes Billionaire. His Portfolio net worth is well above US $ 1 Billion.

His Company name is “Rare Enterprises” which is the combination of his and his wife’s name – Rakesh and Rekha.


In the early days, he used to work 15-16 hours a day in his company. He was also nicknamed as “Young Tiger” in the early 90s during the time of Haarshad Mehta. Rakesh Jhunjhunwala was a trader in his early life but he is also a successful Long term Investor.

He Invested in the Indian Companies like Praj Industries, Pantaloon Retail, Titan, CRISIL, Lupin and Punj Lloyd.etc when no one was interested in them. But Rakesh had invested in these companies with confidence and made a fortune…!!!

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