By: FPJ Web Desk | August 14, 2023
The big bull of Dalal street was also well-known as the Indian Warren Buffett
According to the Forbes List his net worth of Rakesh Jhunjhunwala was at $5.8 Billion
Jhunjhunwala began investing in 1985 when Sensex was at ₹15
He began investing with just ₹5,000 when he was in college
The big bull launched Akasa Air which is India's newest budget carrier
He also served as the chairman of Aptech and Hungama Media and was on the boards of firms like Viceroy Hotels
He was well-known for his ability to spot long-term opportunities like he saw the potential in Titan during the early days
Jhunjhunwala in 2021 was investigated for insider trading and had to settle the issue after a payment of ₹35 crore to SEBI
The chartered accountant, investor and stock trader passed away on August 14, 2022 due to kidney-related problem