Rakesh Jhunjhunwala’s Net Worth in 2022
Investor with a Midas touch, Rakesh Jhunjhunwala, who passed away in August 2022, was often referred to as India’s Warren Buffett
Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college
He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 50,000
The most valuable listed holding in his portfolio at the time of his death was watch and jewelry maker Titan, part of the Tata conglomerate
Jhunjhunwala’s early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies listed in 2021
Jhunjhunwala was an investor in new, low-cost airline Akasa Air, which launched in July 2022
A movie buff, Jhunjhunwala has coproduced several Bollywood films
Often referred to as the Big Bull of Indian markets, Jhunjhunwala’s net worth was USD 5.8 billion
