Rakesh Jhunjhunwala’s stock holdings worth approx $4 billion in focus after death

• ByStartupStory     |    August 16, 2022

The death of Indian billionaire Rakesh Jhunjhunwala has focused attention on the approximately $4 billion in equities held by the renowned investor, whose movements were meticulously investigated. At the age of 62, the man regarded as India’s Warren Buffett dies of a reported heart attack. The self-made trader invested in a diverse range of existing and new companies and sat on the boards of various Indian companies.

Jhunjhunwala was one of Asia’s most important market speakers, having a devoted following among the country’s rising army of individual investors. The man nicknamed “Big Bull” was a staunch supporter of India’s growth story.

Titan Co., a jewelry retailer, was one of the experienced traders and his wife Rekha Jhunjhunwala’s greatest and most successful assets, accounting for more than a quarter of their portfolio, according to Bloomberg statistics.

Star Health & Allied Insurance Co., Metro Brands Ltd., and Tata Motors Ltd. are among their other top market-cap holdings. Jhunjhunwala owned more than 10% of Star Health, Aptech Ltd., and Nazara Technologies Ltd., a videogame company.

Even Prime Minister Narendra Modi praised Jhunjhunwala’s influence on the investing community. Modi stated in a tweet Sunday that the “indomitable” investor made “an indelible contribution to the financial world.”

Follow Startup Story