Rakesh Jhunjhunwala: Portfolio, Net Worth, Stocks 2021

Known as the ‘Warren Buffett of India’, the life and investment journey of Rakesh Jhhunjhunwala is inspiring. Know more through this detailed article.

Rakesh Jhunjhunwala: Portfolio, Net Worth, Stocks

Rakesh Jhunjhunwala – About

The great Indian bull Rakesh Jhunjhunwala turned 61 on July 5, 2021. Born in 1960 into a middle-class family, the name Jhunjhunwala stands for success in the investment world. Forbes calls him an “investor with a Midas twist”. Jhunjhunwala was born as the son of an income tax officer and has been very interested in stocks since he was a student. Started investing in 1985 with a capital of 5,000 rupees when Sensex hovered around 150 points. Currently, the value of their holdings is 19.277 billion rupees, according to Trendlyne. His current net worth is $ 4.6 billion (INR 34,000 billion), according to Forbes. It holds stakes in 37 companies in the construction, banking, and real estate sectors.

Rakesh Jhunjhunwala undoubtedly has a hawk’s eye and usually preys on the stocks which are not so popular among the investors.

Over the years, he has been active in the private equity space. There were successes and mistakes; Agrees but trusts some portfolio companies will “make multiple turns”. Many of Rare Enterprises’ PE investments are now mature and ready to use. Star Health, a consortium investment with WestBridge made 2 years ago, is about to apply for an IPO. The Big Bull has always been positive in India’s growth history. In his interview with Money control last month, he reiterated his positive stance on the Indian economy, saying the country’s bull market will continue as the economy is expected to see strong growth due to recent reforms.

Rakesh Jhunjhunwala: Biography

NameRakesh Jhunjhunwala
Date of Birth 5th July 1960
Place of BirthHyderabad, Telangana, India 
Qualification Chartered Accountant 
Alma Mater Graduation from the Sydenham College & C.A from the Institute of Chartered Accountants of India 
Net Worth $4.5 billion (May 2021)
Company Owned Rare Enterprises (Asset Management Firm)
Popularly Known As ‘Warren Buffett of India’
Advisor India’s International Movement to Unite Nations 
Chairman Hungama Digital Media Pvt Ltd, Aptech Limited
Board of DirectorsProvogue India Limited, Bilcare Limited, Praj Industries Limited, Prime Focus Limited, Geojit Financial Services, Mid Day Multimedia Limited, Tops Security Limited, Viceroy Hotels Limited, Nagarjuna Construction Company Limited, Innovasynth Technologies (I) Limited
SpouseRekha Jhunjhunwala
Children 3

Rakesh Jhunjhunwala Net Worth

In 2003, Rakesh Jhunjhunwala bought Titan Company Limited shares at an average price of Rs 3 and is currently trading at Rs 817. He owns over 7.5 crores of shares in the Titan Company. He has a “general” portion of 8.45. 

Rakesh Jhunjhunwala Portfolio

Rakesh Jhunjhunwala, also known as “Indian’s Own Warren Buffet”, is one of India’s leading equity investors and 48th richest person in India according to the Forbes Rich List. Rakesh is a certified public accountant but has chosen to consider equity investing a full-time job. 

In 1985, Jhunjhunwala invested 5,000 rupees as seed capital. By 2020 the capital had grown to 16,000 billion rupees. Rakesh currently has 37 shares with a net worth of around Rs. 16,000 crores based on data filed as of December 31, 2020. In January 2020, SEBI summoned Rakesh Jhunjhunwala for alleged insider trading in Aptech shares.  

Jhunjhunwala runs a public trading company called RARE Enterprises. Rekha Jhunjhunwala, his wife, is his partner in the company. The company name RARE is derived from the first two alphabets (Ra + Re) of the names of both partners. 

Rakesh Jhunjhunwala Investments

Jhunjhunwala has invested in MCX, NCC, CRISIL, Ion Exchange, Aptech Limited, Titan, Lupine, Fortis Healthcare, VIP Industries, Geojit Financial Services, Rallis India, Jubilant Life Sciences (now Jubilant Pharmov), and a few other stocks. He has 37 stocks in the portfolio. In this article, we are going to talk about Rakesh Jhunjhunwala’s fortune.

Rakesh Jhunjhunwala is the 48th richest person in India with a net worth of $ 2 billion. Let’s take a look at the past 5 years of RJ’s wealth history. RJ as a philanthropist donates millions of dollars to various sectors such as health, poor early childhood education, higher education, and more. It is part of various organizations such as St. Jude, a shelter for children with cancer, the International Agastya Foundation (which donates US $ 1 million each year), and Arpan. RJ pledged to donate 25% of that fortune to charity in 2020 when he turned 60, but the pandemic delayed his planning and he has set a goal of raising $ 750 million over his lifetime to donate.

A History Made by Rakesh Jhunjhunwala

The man who changed how conventionally trading and investment is done is Mr Rakesh Jhunjhunwala himself. Mr Jhunjhunwala is the driving force behind investing and trading and is also known as the Warren Buffet of India. Your job involves investing, not just in one country, but worldwide. With all his talent and hard work, Mr Jhunjhunwala is one of the richest and most powerful people in the world.

A Case Study: The 1992 Stock Market Period

The journey of Rakesh Jhunjhunwala making money was from the days of Harshad Mehta. He generated a lot of money during the times of 1992 when the Harshad Mehta scam was on. In fact, in many interviews, Rakesh Jhunjhunwala has admitted to short-selling generating a lot of money for him. 

Back in the 90s, the Indian stock market was dominated by some cartels such as Manu Manek, whom Rakesh Jhunjhunwala supported. 

  • Rakesh Jhunjhunwala owns 37 stocks valued at around 20k Crores. DB Realty, Delta Corp, Nazara Technologies, Tata Communications, Fortis Healthcare, and Federal Bank with a net worth of around INR 20 billion, according to Trendlyne data. One of his most popular investments is in the jewelry and watch maker Titan Company, valued at INR 7,879 billion; followed by Tata Motors for INR 1,474.4 million rupees. 
  • Rakesh Jhunjhunwala is almost always positive about the banking sector, including the so-called inefficient banks. In a recent television interview, he talked about COVID-19 and business.

Rakesh Jhunjhunwala Take On Covid-19

One of the more interesting statements that Rakesh has made is that he believes inefficient banks provide extremely high rates of returns. According to his estimates, India might grow up by more than 1000% GDP in the coming years.  In the country, he praised digitization initiatives amid the COVID19 pandemic, which have made it easier to set up “work from home”. Jhunjhunwala sees no upcoming wave of COVID19 that could affect Indian stock markets. He has a word of caution to investors to just remain careful and alert in their investments.  

Rakesh Jhujhunwala Stocks

Rakesh Jhunjhunwala manages Rare Enterprises, an asset management company. He invests more in stocks of retail, technology, finance and pharmaceuticals sectors.

According to the most recent filings of corporate interests, Rakesh Jhunjhunwala and Associates publicly has more than 38 shares having a net worth of close to INR 20,000 crores. 

These are shares held by Rakesh Jhunjhunwala and Associates based on the information that is publicly available online. Data tends to be missing in the final quarter as there is no complete participation yet.

Aptech

Aptech is an education and training company. Aptech is a pioneer in the field of non-formal education and learning. Jhunjhunwala has owned these shares since 2005 and is gradually increasing the share. Aptech is currently 49% owned by Jhunjhunwala and his family. Aptech had great returns last year, Aptech shares rose to Rs. 80 in March 2020, Aptech became Rs. 237 in February 2021, and last year Aptech gave Rs. 196 last year.

Karur Bank

Karur Vysya Bank is a scheduled commercial bank in India. Rakesh Jhunjhunwala bought massive shares in Karur Vasya Bank in 1993. Karur Vysya Bank was a penny stock at the time. Karur Vasya Bank shares have generated massive profits in the past. KVB’s stake nearly doubled in fiscal 2020 to GR197, which is profitable. 

Federal Bank

Federal Bank is another planned commercial Indian private bank in Jhunjhunwala’s portfolio. keep this stock in stock for a long time. This stock is traded on Jhunjhunwala. He has posted earnings for this stock multiple times. Federal Bank shares returned 107% for Jhunjhunwala in fiscal 20-2021.

NCC (Nagarjuna Construction)

The Nagarjuna Construction Company (NCC) is an infrastructure company. Jhunjhunwala has increased its stake in NCC stock several times, with NCC’s share price being Rs 18 as of March 2020, meaning NCC achieved a GR 394 return last year. 

Prakash Pipes

Prakash Pipes is a small-cap company that operates in the plastics industry. Rakesh Jhunjhunwala has owned Prakash shares since the company was founded in 2017. 

Delta Corp

CAGR profitability is 418% in 2020-21 shares in Delta Corp since 2016. It is the only publicly traded company in India that specializes in casino games. Despite the hotel industry’s slowdown, Delta Corp’s shares are back 122% for investors in 2020-21. 

Tata Motors 

Tata Motors is an Indian multinational automaker. The shares were bought by Rakesh Jhunjhunwala in September 2020. Tata Motors’ shares have increased more than fivefold in the past year, meaning that 1 lakh invested in Tata Motors last year would have become 5 lakhs.