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About Rakesh Jhunjhunwala
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.
More from Rakesh Jhunjhunwala (100 quotes) →Keep reading Rakesh Jhunjhunwala
- “In India, one has to have faith in equity. What are the alternatives - real estate, debt? If debt can give yo…”Rakesh Jhunjhunwala
- “I told my father I wanted to go to the stock market. My father reacted by telling me not to ask him or any of…”Rakesh Jhunjhunwala
- “I'd be lying if I said I didn't like the money, but that's not what motivates me.”Rakesh Jhunjhunwala
- “I am not giving so much of my wealth that I should feel that I am a philanthropist.”Rakesh Jhunjhunwala
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