Rakesh Jhunjhunwala Biography
(Investor, Trader)
Birthday: July 5, 1960 (Cancer)
Born In: Mumbai
Rakesh Jhunjhunwala is an Indian investor, trader and qualified Chartered Accountant who is considered to be the greatest investor in the Indian market. 'Forbes' described him as an "Investor with a Midas touch"; 'India Today' called him the "pin-up boy of the current bull run"; and 'The Economic Times' named him the "Pied Piper of Indian bourses". He currently ranks as the 54th richest person in India on the 'Forbes' list, which estimates his net worth at USD 2.9 Billion as of November 2017. He is a partner in his asset management firm, Rare Enterprises; is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd.; and is a member of the board of directors at a bunch of Indian companies. He has been credited as the co-producer of several Bollywood movies such as 'English Vinglish', 'Shamitabh' and 'Ki & Ka'. There is a popular parody blog based on his life, 'The Secret Journal of Rakesh Jhunjhunwala', which was in 2012 revealed by 'The Economic Times' to be written by two persons: 'Forbes' columnist Mark Fidelman contributed to the blog for a year before it was taken over by Indian author Aditya Magal.