Rakesh Jhunjhunwala Portfolio: Rakesh Jhunjhunwala, who was the big bull of the stock market (Rakesh Jhunjhunwala After his death, his friend, guru and stock market veteran Radhakishan Damani will look after his wealth. Radhakishan Damani has been made the Chief Trustee of Rakesh Jhunjhunwala Trust. Apart from him, two other trustees will be Kalpraj Dharamshi and Amal Parikh. All these people have been friends of Bigbul.
Who is Radhakishan Damani
Radhakishan Damani is also one of the veteran investors of the stock market. Also Avenue Supermarts is his retail company which runs a retail chain under the name of D Mart Stores. Radhakishan Damani’s holding in Avenue Supermarts is around Rs 1.80 lakh crore.
Rakesh Jhunjhunwala passed away on August 14, 2022. He had been ill for a long time. He had already taken the decision to make a trustee to look after his property. Rakesh Jhunjhunwala has invested in several listed as well as unlisted companies. His company Rare Enterprises will be run by two of his confidantes Utpal Seth and Amit Goyla. It is being told that Utpal Seth used to advise Rakesh Jhunjhunwala regarding private equity investments. So Amit Goyla used to keep an eye on the trading in the market.
According to Forbes, Rakesh Jhunjhunla’s wealth is about $ 5.8 billion and he was said to be the 48th richest person in India. His investment in companies listed in the stock market is about Rs 30,000 crore. In which Titan has investments worth Rs 10945 crore, Star Health Rs 7,056 crore, Metro brand Rs 3,166 crore, Tata Motors Rs 1,707 crore and Crisil worth Rs 1,308 crore. Apart from this, he had invested in several unlisted companies with Akasa Air.
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