Big bull Rakesh Jhunjhunwala celebrates his 62nd birthday today, 5 July 2022. Rakesh Jhunjhunwala, India’s Warren Buffet, was born to an Indian Tax officer in a middle class family, and started trading in the stock market in 1985, when in college. BSE Sensex was around 150 points at the time; and he began investing with Rs 5,000 as capital. According to Forbes, Rakesh Jhunjhunwala’s net worth stood at $5 billion (Rs 39,527 crore), as of 5 July 2022, zooming 15 per cent in one year from $4.6 billion (Rs 34,387 crore). Rakesh Jhunjhunwala’s first big win was Tata Tea, where he made a profit of Rs 5 lakh in 1986. He bought 5,000 shares of Tata Tea at a price of Rs 43, which zoomed to Rs 143 apiece within just three months, more than tripling his invested money.
Rakesh Jhunjhunwala holds 33 stocks worth over Rs 25,000 crore
As per the latest corporate shareholdings filed, Rakesh Jhunjhunwala and associates publicly hold 33 stocks with a net worth of over Rs 25,842.3 crore. These stocks are Titan Company, Tata Motors, Star Health and Allied Insurance Company, Metro Brands, Fortis Healthcare, Nazara Technologies, Federal Bank, Delta Corp, DB Realty and Tata Communications, among others, according to data by Trendlyne. His most valuable listed holding is watch and jewellery maker Titan Company, with holding value at Rs 8,830.9 crore; followed by Star Health and Allied Insurance Company with Rs 4,957.1 crore; and Metro Brands at Rs 2,391.3 crore.
