Rakesh Jhunjhunwala Net worth & Assets 2022

WRITTEN BY Aditi Shrivastava news

Rakesh Jhunjhunwala death

Stock trader, investor, and billionaire businessman Rakesh Jhunjhunwala died at the age of 62.

Rakesh Jhunjhunwala-Forbes

Rakesh Jhunjhunwala, 62 also referred to as India's Warren Buffett saw his net worth increase by more than twofold to $5.5 billion.

Rakesh Jhunjhunwala net worth 2022

Forbes reports that as of July 5, 2022, Rakesh Jhunjhunwala's net wealth was $5 billion (Rs 39,527 crore), up 15% from $4.6 billion (Rs 34,387 crore)

Stocks

With a net worth of around Rs 25,842.3 crore, Rakesh Jhunjhunwala and associates openly own 33 stocks.

Shares

The watch and jewellery company Titan, a division of the Tata conglomerate, is his most valuable listed holding.

Akasa Airline

Akasa Air, backed by billionaire investor Rakesh Jhunjhunwala, is the newest airline in India.

Rakesh Jhunjhunwala assets

Six of the twelve units in the Ridgeway flats in Malabar Hill were purchased by Jhunjhunwala from Standard Chartered bank in 2013 for Rs 176 crore.

Rakesh Jhunjhunwala assets

After demolishing the existing structure, he started work on a new 70 000 square foot, 13-story mansion in 2021

Big Bull of India

He was well recognised for his stock market predictions earning the nicknames 'Big Bull of India and King of Bull Market.

Other ventures

Hungama Digital Media Entertainment Pvt. Ltd. and Aptech Limited were both led by Jhunjhunwala as the chairman

Other ventures

Additionally, he served on the boards of directors of several companies, including Prime Focus Limited, Concord Biotech Limited, Bilcare Limited, Praj Industries Limited etc.

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