RAKESH RADHESHYAM JHUNJHUNWALA[5 JULY 1960 -14 AUGUST 2022 ]WAS INDIAN BILLINIARE INVESTOR ,STOCK TRADER,AND CHARACTERED ACCOUNTANT.HE START IN 1985A CAPITAL OF5000.AT THE TIME OF HIS DEATH .ESTIMATED NET WORTH US$5.8 BILLION .438TH RICHEST PERSON OF WORLD 'BIG BULL OF INDIA"
EARLY LIFE & EDUCATION
| Born | 5 July 1960 |
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| Died | 14 August 2022 (aged 62) Mumbai, Maharashtra, India |
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| Spouse | Rekha Jhunjhunwala (m. 1987) |
| Children | 3 |
| Awards | Padma Shri (2023; posthumously) |
jhunjhunwala was born on 5 july 1960 in a Rajasyhan marwadi family his surname is jhunjhun in RAJASTHAN. He graduate from SYDENHAM COLLEGE and thereafter enrolled at the instittiute of Charectered Accountsants of india
CAREER
Jhunjhunwalas intrest in stock market in her father is Discussion in friends .with Rakesh invest begning in college time he is savings in 5000 then rakesh start in 1985. Rakesh big profit in 1986 in 5 lakh.Between 1986-1989 rakesh portfolio in 20-25 lakh.BY 2022 his invest in 11000crore . as a 2021, his biggest investin TITAN share 7,294.8 crores.
he managed his portfolio as a partner Rare Enterprise.Jhujhunwala was the chairman of APTECH and board director of PRIME FOCUS LIMITED,GEOJIT FINANCE SERVICE,BLICARE LIMITED,PRAJ INDUSTRY,PROVOGUE,CONCORD BIOTECH,INNOVASYNTH TECHNOLOGY,Tops security limited .he was also a member of the BOARD OF ADVISORS of INDIAN INTERNATIONAL MOVEMENT TO UNIT NATION[I.I.M.U.N]
In july2021,he invest in AKASA AIR,a low cost airline in india,investing US$400 million for a 40% stake in the airline.as of february2024,the new airline has 24 aircraft and files to 19cities.Rakesh had increasedhis stake in the airline to 46%becoming the largest stakeholder in the company prior to his death.airline first flight between Mumbai and Ahmedabad on 7 August.
CONTROVERSY
In july ,jhunjhunwalawas investigated insder trading for unusual dealing in shares of apetch computer.apetch when in possession of unpublished price senstive information[upsi]As per the SEBI Order,this was an upsi between 14 march2016and 7 september 2016,the date of official announcement.in july 2021 ,the SEBI had setteled issue after a total payment 35CRORE &his wife 3.2 CRORE
PHILANTHROPY&D0NATE
JHUNJHUNWALA,whose net worth stood US$5.8 Billion as at the death time.He is supporting organization such St jude,Agastya international foundation,Ashoka university,frinds of Tribals Socityand olympic gold quest.also active in efforts to constuct RJ Sankara eye hospitalin new panvel
DEATH
On 14 august 2022, jhunjhunwala was rushed BREACH CANDY HOSPITAL in Mumbai,and died at approximetely 6:30 a.m .Doctors later reportedthat he suffered from kidney-related problems and acute muliple organ failure.INDIAN PRIME MINISTER NARENDRAMODI SHARED his condolences stating ,"rakesh jhunjhunwala was indomatible.his passing away is saddening for the finacial world."
PERSONAL LIFE
Rakesh jhunjhunwala married Rekha jhunjhunwala on 22 february 1987. the couple had three children. Their daughter NISHATHA was born on 30 june 2004, their TWIN sons Aryaman &Aryaveer were bornon 2 march 2009
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