Rakesh Jhunjhunwala Big Bull of India-Life Introduction and Work

Big bull and the magician of Share Market, Rakesh Jhunjhunwala’s untimely death has left everyone surprised and mourned. Most of the people who are interested in share market follow the tips shared by Rakesh Jhunjhunwala.

People would often say that whichever share Rakesh Jhunjhunwala would purchase, price would get double.

Rakesh-Jhunjhunwala

Biography of Rakesh Jhunjhunwala

Real NameRakesh Jhunjhunwala
Date of Birth5 July 1960
Date of Death14 August 2022
Place of BirthHyderabad
Country OriginIndia
CitizenshipIndian
FatherRadhe Shyam Jhunjhunwala(Commissioner of Income Tax)
MotherUrmila Jhunjhunwala
BrotherElder brother Rajesh Jhunjhunwala(Chartered Accountant)
Sisters2 Sisters
SpouseRekha Jhunjhunwala
ChildrenNishtha Jhunjhunwala,
Aryaman Jhunjhulwala,
Aryavir Jhunjhunwala
EducationGraduation from Sydenham College
Institute of Chartered Accountants of India
OccupationStock trader and Investor
Owner of Akasa Air(founded in 2022)

Early life of Rakesh Jhunjhunwala

Rakesh was born in a very simple family on 5 July 1960 in Mumbai. He was a Chartered Accountant by profession. He started his career in share market with Rs. 5000 investment by purchasing Tata Group shares @43 rupees per share. After three months the share price went upto Rs 145 when he earned profit. He did not look back from that day and his astonished journey in share market began.

Career of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala was a Chartered Accountant by profession but he decided to make career in Dalaal Street. With the help of his brother, a female investor and few some other people’s cooperation he accumulated Rs 12 lakhs in 1985 and within one year he made a profit of Rs 30 lakhs.

  1. Rakesh Jhunjhunwala was an investor who knew the pulse of market.
  2. He was the chairman of Aptech Limited
  3. He was also the chairman of Hungama Digital Media Entertainment Pvt. Ltd.
  4. He was in the board of directors of Prime Focus Limited, Bilcare Limited, Praj Industries Limited, Goejit Financial Services, Provogue India Limited, Concord Biotech Limited, Innocashynth Technologies, Mid Day Multimedia Limited, Viceroy Hotels Limited, and Tops Security Limited.

Rakesh Jhunjhunwala was named as “King of Bull Market” or “Big Bull of India”

Rakesh Jhunjhunwala was popularly known as the “Big Bull of India” and the “King of Bull Market“. His was known for his stock market predictions which often would come out correct.

But many would not know that before become the Big Bull of share market, Rakesh Jhunjhunwala started his career as “Bear” in the trading market.

Started Akasa Air in 2022

Launching Akasa Airlines was like a dream project for Rakesh Jhunjhunwala. He launched this airlines in the first week of August 2022 but could not see its successful flight even for once and left this world. His wife Rekha Jhunjhunwala is the biggest share holder in this airlines.

Marriage of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala married Rekha Jhunjhunwala on 22 February 1987, and together they have three children. They have one elder daughter, Nishtha who was born on 30 June 2004. Their twin sons were born on 2 March 2009. Name of the sons are Aryaman and Aryaveer.

Unfulfilled Dream of Rakesh Jhunjhunwala

Once in a interview Rakesh Jhunjhunwala told his one of the biggest dream is to invite Britain’s former prime minister Winston Churchill, India’s former prime minister Atal Bihari Vajpayee and America’s top investor and the businessman George Soros to his new home for dinner.

Death of Rakesh Jhunjhunwala

On 14 August 2022, Rakesh Jhunjhunwala felt some uneasiness and was rushed to Breach Candy Hospital in Mumbai. Rakesh died around 6:30 in the morning. According to reports he was also suffering with kidney related problems and multiple organ failures.

Frequently Asked Questions

Q1: Who is the owner of Akasa Air?
Ans: Rakesh Jhunjhunwala started low cost Akasa Air in 2022

Q2: Who is the 36th richest person in India as of July 2022?
Ans: Rakesh Jhunjhunwala

Q3: Who was known as Big Bull of India or King of Bull Market?
Ans: Rakesh Jhunjhunwala

5 Profound quotes of Rakesh Jhunjhunwala

https://www.youtube.com/shorts/CmPNkd__cgA

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