A look into the life of India's second richest woman, Rekha Jhunjhunwala, and know how she is taking her late investor-husband, Rakesh Jhunjhunwala's legacy forward.
Rekha Jhunjhunwala is the name that stands tall and in second place in the Forbes list of India's richest women, behind Savitri Jindal. Rekha is the wife of late billionaire investor, Rakesh Jhunjhwala, who was also renowned for being 'India's Warren Buffett', courtesy of his legacy as a stock broker. After Rakesh Jhunjhunwala passed away on August 14, 2022, due to a heart attack, it was a massive setback for India and for all the young investors who lost their mentor and guide.
After Rakesh Jhunjhunwala's untimely demise, his wife, Rekha Jhunjhunwala, inherited her late husband's stock portfolio, which was reportedly in crores. The three most valuable listed holdings in the portfolio were Titan, Canara Bank, Valor Estate, NCC, Tata Motors, Crisil Limited, Federal Bank Limited, Geojit Financial Services Limited, Star Health, Ailled Insurance Company, and Jubilant Pharmova Limited. According to Forbes, Rekha Jhunjhunwala is the 28th richest person in India, while she sits in 298th place on the list of the world's richest people.
Even before the demise of Rakesh Jhunjhunwala, the late investor's wife, Rekha Jhunjhwala was renowned for not making many public appearances. The doting wife always preferred living far from the media spotlight. However, after Rakesh Jhunjhunwala's demise, she started making more public appearances, leading her husband's legacy to take it even higher. We saw a glimpse of the same in December 2024, when Rekha Jhunjhunwala-backed company, Inventurus Knowledge's stock witnessed a gain of 47.54 percent.
For the uninitiated, Rakesh Jhunjhunwala and Rekha Jhunjhunwala got married in 1987. Despite being one of the biggest names in India's business space, Rakesh Jhunjhunwala always kept his personal life away from the media glare. As a result, not much information is available about the couple in the public domain. However, it was on June 30, 2004, when Rakesh and Rekha embraced parenthood for the first time after she gave birth to a daughter, Nishtha. After some years, the couple welcomed two more kids as Rekha gave birth to twin sons, Aryamaan and Aryaveer.
Rekha Jhunjhunwala was born in September 1963, and little is known about her parents and family background. According to a report in Startup Talky, Rekha earned a Bachelor of Commerce degree from the University of Mumbai. Because of her strong educational background, Rekha learned many things about the stock market and investment from her husband and supported Rakesh Jhunjhunwala in his journey.
Apart from leading Rakesh Jhunjhunwala's portfolio to the next level, Rekha Jhunjhunwala has also made some strategic acquisitions recently. The renowned investor's acquisition of Rockside CHS units speaks volumes about her straightforward approach to keeping a strong eye on the value of her assets. Apart from this, Rekha Jhunjhunwala's real estate portfolio is also quite commendable. Some of her most notable assets include the likes of RARE Villa worth Rs. 370 crore and five commercial office spaces for a sum of Rs. 739 crores.
According to a report in the Financial Express, Rekha Jhunjhunwala has an estimated net worth of Rs. 72,814 crore. Talking about the major contributors to her wealth include a series of profitable names in her expansive stock portfolio. The report further stated that Rekha's financial acumen is valued at the mammoth mark of Rs. 37,831 crores. The biggest contributors to her dividend income include NCC (Rs. 17.24 crore), Valor Estate (Rs. 27.50 crore), Canara Bank (Rs. 42.37 crore), and Titan Company (Rs. 52.23 crore).
What are your thoughts on Rekha Jhunjhunwala's net worth and how she leads her husband's portfolio forward? Let us know.
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