Highlights
Rakesh Jhunjhunwala, known as the Big Bull of the stock market, passed away
Many veterans including PM Modi have mourned the death of Rakesh.
New Delhi. Rakesh Jhunjhunwala, who was called the ‘Big Bull’ of the stock market, passed away on Sunday morning. His age was 62 years. According to news agency ANI, he breathed his last at Breach Candy Hospital in Mumbai. The whole country is saddened by the death of Rakesh Jhunjhunwala. He had explained to millions of people how to invest in the stock market. Prime Minister Narendra Modi himself has also expressed grief over his death. At the same time, the veterans of the game are also mourning the death of this juggler of the stock market. Former India opener Virender Sehwag has expressed grief over the demise of this veteran personality by tweeting. According to reports, he was running ill for a long time. He was last seen at a public event at the opening ceremony of Akasa Air.
On the death of Rakesh Jhunjhunwala, Sehwag tweeted, ‘End of an era as the Big Bull of Dalal Street, Rakesh Jhunjhunwala passed away. Condolences to his family and close ones. Oh peace.
He was counted among the top 500 billionaires in the world. With a net worth of $5.5 billion, Jhunjhunwala was considered one of the most successful Indian investors. A chartered accountant by profession, Jhunjhunwala was the chairperson of Hungama Media and Aptech. He was also a board member of several Indian companies.
The journey of Rakesh Jhunjhunwala started from 5 thousand, was the owner of 39 thousand crores, know the story of Big Bull
Rakesh Jhunjhunwala: From whom did Jhunjhunwala learn trading in the stock market, what do his ‘gurus’ do now?
He started investing in the stock market when he was in college. At that time the BSE index was around 150 points and Jhunjhunwala started investing with just Rs 5000. However, this amount was too much for that time. Now Rakesh Jhunjhunwala’s net worth was around Rs.39 thousand crores. In 1987, Rakesh Jhunjhunwala married Rekha Jhunjhunwala. She was also an investor in the stock market. The duo later started their own stock trading firm Rare Enterprises in 2003.
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Tags: Bombay stock exchange, cricket news, Rakesh Jhunjhunwala, Virender Sehwag
August 14, 2022, 12:15 IST