India’s Big Investor Rakesh Jhunjhunwala
- 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 jewellery 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.
wealth history at Forbes lists
