Rakesh Jhunjhunwala: Know all about the co-founder of India’s new carrier, Akasa Air

23 Dec, 2021
Rakesh Jhunjhunwala: Know all about the co-founder of India’s new carrier, Akasa Air

Rakesh Jhunjhunwala Biography: Jhunjhunwala grew up in a Rajasthani family. His father worked as a Commissioner of Income Tax in Bombay.] He graduated from Sydenham College in Maharashtra and later on enrolled at the Institute of Chartered Accountants of India. Akasa Air is an upcoming Indian ultra-low-cost carrier co-founded by investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube.

Jhunjhunwala is popularly known as the "Big Bull of India" and the "King of Bull Market", He has an excellent stock market prediction.

Rakesh Jhunjhunwala Net Worth

As of December 2021, he has an estimated net worth of $5.8 billion. In INR is Rs.21,000 crore

The first big profit of Jhunjhunwala was ₹5 lakh in 1986. Between 1986 and 1989, he earned ₹20-25 lakh profit approx.

Rakesh Jhunjhunwala Career

  • Akasa Air is an upcoming Indian budget carrier co-founded by Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube.

  • One of his biggest investments is in Titan Company, the worth is around ₹7,294.8 crore

  • Jhunjhunwala is currently the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd.

  • He is also a member of the Board of Advisors of India's International Movement to Unite Nations (I.I.M.U.N.)

  • He also has stakes in the companies such as Star Health Insurance, Metro Brands, and Concord Biotech.

Rakesh Jhunjhunwala wife and children

Rakesh Jhunjhunwala wife is Rekha Jhunjhunwala and the name of his children is Aryavir Jhunjhunwala, Aryaman Jhunjhulwala and Nishtha Jhunjhunwala

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