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“Don’t be afraid to take risks but take only that much which you can afford to take so that there remains a scope to take another risk”. These are some of the famous lines of the Indian stock market maverick Rakesh Jhunjhunwala and this was his funda regarding success and failure.
Rakesh Jhunjhunwala took his last breath around 6:45 am on 14th August 2022 as he was already suffering from various medical conditions and eventually succumbed to a heart attack, he was 62 years old when he passed away. Rakesh Jhunjhunwala's net worth was around Rs45,000 crores and he made his fame and fortune by calling the markets right. Apart from being an ace investor investing in various companies, he has founded and been in the management of several companies also.
How he has gone from the starting capital of just Rs5000 to Rs45,000 crores and is now the stuff of urban legend. In addition to being chairman of Hungama Media and Aptech, Rakesh Jhunjhunwala served on the boards of several companies, including Provogue India, Concord Biotech, Viceroy Hotels, and Geojit Financial Services. Rakesh Jhunjhunwala’s acute knowledge of the stock market earned him enormous respect in the Indian Stock market circle.
He was an inspiration for all the budding investors and for all those who wanted to make it big in the stock market. Known for his sharp investing mindset and shrewd trading tactics Rakesh Jhunjhunwala was given various titles such as the Warren Buffet of India, the Big Bull of Indian Stock Market, and the Oracle of the Dalal Street.
Rakesh jhunjhunwala’s Portfolio
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