Rakesh Jhunjhunwala dies at age 62
Jhunjhunwala, known as the Big Bull of Indian markets and sometimes referred to as Warren Buffett of India
net worth of BIG BULL is $5.8 billion as of August 2022
He did so through his company, Rare Enterprises.
The Rakesh Jhunjhunwala-backed low-cost airline Akasa Air debuted on August 7
According to Forbes, Jhunjhunwala was the 438th richest man in the world
Star Health, Titan, Rallis India, Escorts, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies, and Tata Motors are just a few of the companies in his portfolio.
At the end of the June quarter, he owned stakes in 47 different companies.
In 1985, Rakesh Jhunjhunwala invested barely Rs 5,000 in the stock market.