Rakesh Jhunjhunwala is an Indian billionaire businessman and investor with a net worth of over ₹50,000 crore (US$5.8 billion).
He started investing in 1985 with just ₹5,000 and has grown that into a multi-billion dollar fortune through value investing and identifying undervalued stocks with growth potential.
His investment strategy focuses on researching companies thoroughly, looking at fundamentals like financials, management and growth opportunities.
He invests in sectors that he believes will benefit from India’s economic growth like finance, healthcare, retail and technology.
Many of his stock picks have generated multi-bagger returns over decades, building his wealth exponentially. His stakes in companies like Titan, Lupin and CRISIL have appreciated massively in value.
Despite his massive wealth, Rakesh Jhunjhunwala lives a modest lifestyle and donates generously to charitable causes.
Rakesh Jhunjhunwala's net worth reached over ₹50,000 crore in 2022, cementing his position as one of India’s wealthiest investors.
His net worth is expected to continue growing in the coming years supported by the appreciation of his equity holdings, IPO successes, dividend income and possible asset sales.