HomeCURRENT AFFAIRSBUSINESSRakesh Jhunjhunwala: 5 things to know about Dalal street's 'Big bull'

Rakesh Jhunjhunwala: 5 things to know about Dalal street’s ‘Big bull’

Rakesh Jhunjhunwala: Billionaire investor, and stock trader Rakesh Jhunjhunwala, died today at the age of 62 because of a heart attack.

Must read: Billionaire Investor Rakesh Jhunjhunwala Passes Away at 62

We have listed 5 things here about Jhunjhunwala that you may not know, have a look down below:

  1. Rakesh Jhunjhunwala, often referred to as the Warren Buffett of India, was born on July 5, 1960, in Hyderabad and grew up in Mumbai.
  2. After graduating from Sydenham College, he enrolled at the Institute of Chartered Accountants of India and married Rekha Jhunjhunwala, who was also a stock market investor.
  3. Mr Jhunjhunwala was known to be bullish about India’s stock market and whatever stock he bought mostly turned into a multi-bagger.
  4. Jhunjhunwala ran a privately owned stock trading firm called Rare Enterprises. He also backed India’s latest airline Akasa Air, which flew into Indian skies earlier this month.
  5. Asked why he started the venture when the aviation sector was not doing well. He then replied, “I say I am ready for failure.”

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