New Delhi. Late veteran investor Rakesh Jhunjhunwala has left an indelible mark on the stock market. Rakesh Jhunjhunwala, known as India's Warren Buffett, died of a heart attack at the age of 62 about 2 years ago. After Rakesh Jhunjhunwala's death, his wife Rekha Jhunjhunwala managed his portfolio.
His views on the market and investment have inspired many investors. It is said that Rakesh Jhunjhunwala became a billionaire stock investor due to his incredible ability to predict the future.
Nifty can touch the level of 1.25 lakh by the year 2030.
He had predicted the National Stock Exchange's Nifty much before his death, i.e. in the year 2015 itself. Jhunjhunwala had expressed great hope about the stock market. He had said that by the year 2030, Nifty can touch the level of 1,25,000. Let us tell you that in the year 2015, Nifty was at the level of 7 thousand.
Build an empire worth billions by investing 5 thousand rupees
Let us tell you that Jhunjhunwala, born on July 5, 1960, in a Rajasthani Marwari family, started investing in the stock market in 1985 with 5 thousand rupees. At the time of his death in August 2022, his estimated net worth was $ 5.8 billion. In the year 2003, Rakesh Jhunjhunwala started his own stock trading firm Rare Enterprises.
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