MOV­ING MAR­KETS

RAKESH JHUNJHUNWALA

Marwar - - Front page - Text De­barati Chakraborty Im­ages Dhi­man Chat­ter­jee

Rakesh Jhunjhunwala, of­ten com­pared to War­ren Buf­fett, is one of In­dia’s big­gest and most suc­cess­ful traders and in­vestors, with a net worth of $1.95 bil­lion. A proud Mar­wari and a fam­ily man, Jhunjhunwala has pledged to give `5,000 crore or 25 per cent of his port­fo­lio value, which­ever is less, to char­ity when he turns 60 in 2020. MARWAR meets the man to learn more about his life and work. Time is money, and no one knows it bet­ter than Rakesh Jhunjhunwala. “I would like to show you a video that my friends and col­leagues made for my 50th birth­day,” he had told us over the phone. As we en­ter his of­fice at the pre­de­ter­mined time, we find him peer­ing at a com­puter screen, his in­dex fin­ger ready to hit the start but­ton of the video record­ing. Not a minute wasted, he plays the video for us, even as four large trad­ing ter­mi­nals, with their nu­mer­ous dig­its that change faster than we can fol­low, flash in front of us.

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