Portrait of Rekha Jhunjhunwala

Rank #449

Rekha Jhunjhunwala

Net worth $8.1B

Investments · India

Born
Sep 12, 1963
Age
62
Source
Investments
Residence
Mumbai
Citizenship
India
Marital status
Widowed
Children
3
Education
Bachelor of Commerce, University of Mumbai

Net worth over time

Biography

  • Rekha Jhunjhunwala inherited a valuable stock portfolio from her late husband Rakesh Jhunjhunwala, who was often referred to as India's Warren Buffett.
  • The investor with a Midas touch passed away in 2022 at age 62.
  • The most valuable listed holdings in the portfolio are watch and jewelry maker Titan, part of the Tata conglomerate, and healthtech firm Inventurus Knowledge Solutions.
  • The late Jhunjhunwala's early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies listed in 2021.
  • Her husband was an investor in new, low-cost airline Akasa Air, which launched in August 2022, shortly before he died.
  • Their privately owned stock trading firm Rare Enterprises, derives its name from the first two initials of her name and her husband's name.
  • Son of an income tax officer, her husband started dabbling in stocks while still in college. He began investing with $100 in 1985.

Financial assets

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