Rakesh Jhanjhanwala death news: Veteran investor Rakesh Jhanjhanwala passed away. He was discharged from the hospital 2-3 weeks ago. He breathed his last in Mumbai on Sunday. He was ill for a long time. Jhanjhanwala was last seen in public at the inauguration of Akasa Air.
Rakesh Jhanjhanwala is also known as Warren Buffett of India. Everyone is shocked by the news of his death. Let us tell you that the news of his death has come at a time when he has recently launched his own airline called Aksa Air. Recently, Akasa had its first flight.
Total stake in Akasa Air is 45.97%.
Talking about the veteran investor Rakesh Jhanjhanwala, he was called a big stock market bull. Rakesh Jhanjhanwala and his wife Rekha hold the majority stake in Akasa Air. The total share of both is 45.97%. People used to say about Jhanjhunwala that he used to make gold even by touching the soil. 36 years ago, Rakesh Jhanjhunwala started his investment journey.
Rakesh Jhanjhanwala was a CA by profession.
Many people want to know about Rakesh Jhanjhanwala’s portfolio, how to choose stocks for investment and net worth. Let us tell you. CA Rakesh Jhanjhanwala was known worldwide by profession and was currently based in Mumbai, the financial capital of India. There he breathed his last. But his roots were associated with Jhunjhunu district of Rajasthan. That is why his family uses the surname Jhanjhanwala in his name. His family is Marwari Agarwal.
Family of Rakesh Jhanjhanwala
Name – Rakesh Jhanjhanwala
Father- Radhishyam Jhanjhanwala, Income Tax Officer
Mother- Urmila Jhanjhanwala, housewife
Wife- Rekha Jhanjhanwala, married on 22 February 1987.
Daughter- Nishta Jhanjhan Wala
Son – Aryaman Jhanjhanwala and Arya Veer Jhanjhanwala
Brother- Rajesh Jhanjhanwala, CA
Sister – Siddha Gupta
Sister – Nina Sanganaria
Rakesh Jhanjhanwala portfolio
Rakesh Jhanjhunwala started his trading career almost three decades ago with Rs.5,000. That was when the Sensex score was only 150 points. According to data available on NSE, Rakesh Jhanjhanwala’s portfolio includes shares of 33 companies, with a current value of Rs 25,842 crore. According to Trendlyne, his portfolio includes Titan, Tata Motors, Star Health and Allied Insurance Company, Metro Brands, Nazara Technology, Federal Bank, DB Realty, Tata Communications, among others.