The name need not any introduction, he is the 50th richest person in India. He is a Chartered Accountant, Investor, Producer, and people called him Rakesh Jhunjhunwala or his short name “Rockey”. So, in this post, we are going to looking at Rakesh Jhunjhunwala Net Worth, Rakesh Jhunjhunwala Stocks, Rakesh Jhunjhunwala House, Rakesh Jhunjhunwala Latest Holdings.
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Rakesh Jhunjhunwala Net Worth 2018
Currently, Rakesh Jhunjhunwala net worth is $3 billion (about Rs 19,466 crore Indian Rupees).
Rakesh Jhujhunwala who is considered as a Warren Buffett of India is the role model of almost every Indian investor. He is 50th richest person in India and 791th richest person in the world (according to Forbes 2018 Billionaires list).
He began investing with just $100 (almost 5,000 Indian rupees that time) in Bombay stock of exchange (BSE).
Moreover, in 2017, four of Rakesh Jhunjhunwala’s stock picks — Titan Company Ltd, Delta Corp Ltd, Dewan Housing Finance and Escorts Ltd — doubled investors’ wealth. His favorite Titan Company Ltd’s shares returned 161%, Delta Corp Ltd’s shares returned 170%, Dewan Housing shares returned 142% and Escorts Ltd’s shares surged by 158%.
Apart from that, this year in March 2018 Rakesh Jhunjhunwala net worth rose by Rs 1,300 crore in just 5 months between two lists of Forbes — one released in October last year and the other one released this week. According to the Forbes’ estimate, Rakesh Jhunjhunwala’s net worth was $3 billion (about Rs 19,466 crore Indian Rupees) in the March 2018 list of billionaires, up from $2.8 billion (about Rs 18,167 crore Indian Rupees) in the October list of Indian billionaires.
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Rakesh Jhunjhunwala Latest Holdings 2018
According to the report of Moneyexcel on Rakesh Jhunjhunwala Latest Holdings August 2018.
Rakesh Jhunjhunwala Latest Holdings August 2018 In His Portfolio
|Company Name||% Holding|
|Agro Tech Foods||7.09|
|D B Realty||2.06|
|Dewan Housing Fin||3.19|
|Geojit Finance Services||1.48|
|Multi Comm Exc||3.92|
|Prozone Intu Properties||2.06|
Rakesh Jhujhuwala latest holdings contain 27 different companies shares. The total value of these shares is around 19960 Crore Indian Rupees (about $3 billion).
Top Share’s Holding of Jhunjhunwala
Top stocks holding by him is Titan, Lupin, and CRISIL. He holds 804.66 Lakh shares of Titan worth 6456 Cr. He owns 78.83 Lakh shares of Lupin worth 645 Cr. At the third position, he is holding 40 Lakh CRISIL shares worth 762 Cr.
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Rakesh Jhunjhunwala House (And Other Realty)
The billionaire who owned six apartments of the sea-facing Ridgeway Apartments complex in Malabar Hill has now bought the remaining six flats in the building that he didn’t own, reports the Mumbai Mirror. He reportedly shelled out a whopping Rs 125 crore for them.
Jhunjhunwala had earlier bought six apartments in the building, from HSBC for a whopping Rs 176 crore in 2013. The apartments were reportedly given as incentives to bank executives earlier.