“Draw a balance between the present and the future and one advice I give to every young Indian - the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.”

Indian billionaire investor and stock trader

Rakesh Jhunjhunwala was an Indian billionaire investor, stock trader, and chartered accountant. He became widely known for building his fortune in the Indian stock market, and he remained associated with his own asset management firm, Rare Enterprises. He began investing in 1985 with ₹5,000 and made his first major profit in 1986. By the time of his death, his estimated net worth was US$5.8 billion, which placed him among the richest people in the world. His name is closely linked with investing and market speculation.