• 3 years ago
Rakesh Jhunjhunwala, known as India's Warren Buffet, celebrates his 61st birthday today. Rakesh Jhunjhunwala was born to an Indian Tax officer in a middle-class family. In 1985, when he was a college student, he began investing with Rs 5,000 in the stock market. At the time, the BSE Sensex was around 150 points. Forbes estimates Rakesh Jhunjhunwala's net worth at $4.6 billion (Rs 34,387 crore) as of 3 July 2021. In 1986, he earned Rs 5 lakh from Tata Tea. Within just three months, Tata Tea shares soared from Rs 43 per share to Rs 143, more than tripling his investment.

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