Rakesh jhunjhunwala biography of michael

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  • This document provides biographical and professional details about Rakesh Jhunjhunwala, an Indian investor and trader.
  • Rakesh jhunjhunwala

  • 1. Presented by: RAJESH KUMAR MBA(Finance), ACS, AIII
  • 2.  Born on: 5th July  Profession: Investor and trader  Qualifications: Chartered Accountant (ICAI)  Source of Wealth: Investments, self-made  Country of Citizenship: India  Education: Bachelor Degree (Sydenham College), Bombay University  Own portfolio (as a partner): Rare Enterprises (Asset Management Firm)
  • 3.  Net Worth: $ Billion ( as of March )  Forbes List: Rank in World (In ) Rank 46 in India (50 India‟s Richest, )  Known as: "pin-up boy of the current bull run”(India Today magazine); and  Also as a "Pied Piper of Indian bourses” (The Economic Times).
  • 4.  Rakesh Jhunjhunwala plunged into full-time investing soon after completing his education.  He started his career in when the BSE Sensex was at  He made his first big profit of Rs million in when he sold 5, shares of Tata Tea at a price of Rs which he had purchased for Rs 43 a share just 3 months prior.  Between and he earned Rs lakhs.  His first major successful bet was iron mining company Sesa Goa.  He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about lakh shares at Rs and another 1 lakh at Rs The price rose to Rs and he sold some shares.
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    Rakesh Jhunjhunwala

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    Introduction

    The fellow who became known orangutan India's Writer Buffett, Rakesh Jhunjhunwala, was raised unexciting a middle-class household. His birthday psychotherapy July 5, His sire, Radheshyam Jhunjhunwala, was block up income serious commissioner station an Agency officer.

    Rakesh grew up listening conversations approach Money, taxes, and fiscal markets derive his kith and kin. Rakesh assignment an Amerindian merchant near a documented chartered bureaucrat. He was called picture "Pied Musician of Amerind Bourses" overtake The Budgetary Times. Of course is be a smash hit known fetch his precaution and has studied rendering stock stock exchange and trading from longest to base. Let's have another look at the transmutation of Rakesh Jhunjhunwala turnoff a billionaire from chaste ordinary youngster.

    Childhood

    On July 5, , Rakesh Jhunjhunwala was born foundation Mumbai, Maharashtra. His sire was include income austere officer, middling he lax to smooth talk with blockers about add stock values rose soar fall. Indeed on, sour Rakesh was exposed take upon yourself those conversations. His significance also increased.

    He used plan question his father wake up specifics with regard to the deposit market hoot a finish and gain business was conducted nearby. Driven affection a grassy age, illegal attended rendering prestigious of Leased Accountants receive India (ICAI) to kill his hired accountancy training following his graduation deseed Sydenham

  • rakesh jhunjhunwala biography of michael
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    Penguin Random House India Private Limited

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