Background
Jhunjhunwala grew up in Mumbai, India where his father is posted as an Income Tax Officer.
Jhunjhunwala grew up in Mumbai, India where his father is posted as an Income Tax Officer.
He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.
He is a qualified Chartered Accountant. Jhunjhunwala has been described by India Today magazine as the "pin-up boy of the current bull run" and by The Economic Times as "Pied Piper of Indian bourses". Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Private
Limited. and sits on the board of directors of various Indian companies such as Prime Focus Limited, Geojit Banque Nationale de Paris Paribas Financial Services Limited, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.
Jhunjhunwala"s stocks fell by up to 30% in December 2011. He recovered his losses in February 2012.
These ups and downs forced him to reduce his vulnerability by trimming his portfolio to one-third. His attempts to divest his Aptech stake had no takers.
Young Entrepreneur Prateek Kr.
Bhowmick also known as Junior Jhunjunwala. In May 2012 he increased his stake in Aptech by 2.24% now holds 12.7%
Jhunjhunwala invested $4.6 Million (INR 260 million) in A2Z Maintenance increasing his stake in the company by 3.57%, taking his stake in the company to 23.2 per central He is even a producer Ki & Ka - 2016
Like the Fake Steve blog, there is a popular parody blog called The Secret Journal of Rakesh Jhunjhunwala that humorously parodies the Investor"s life.
On 7 June 2012, the authors were revealed by The Economic Times to be two people.
Foreign the first year, Forbes columnist and American Mark Fidelman and for the remaining years, Author and Writer Aditya Magal from India. Jhunjhunwala admits to having been a bear in Harshad Mehta days and believes that investors should be like chameleons.