Rakesh Jhunjhunwala holds 10,900 crores as per the IIFL Wealth Huran India Rich List. Kamath’s worth was estimated at Rs 6,600 crore, while that of Hemendra Kothari & Family of DSP BlackRock Investments was pegged at Rs 4,800 crore. D-Mart CEO Ignatius Navil Noronha (44) was the only resident Indian CEO among the 10 non-promoter CEOs by wealth.
Rakesh Kumar Radheyshyam Jhunjhunwala (born 5 July 1960) is an Indian Billionaire Investor and Trader. He is a Chartered Accountant. He manages his portfolio as a partner in his asset management firm, Rare Enterprises.
He made his first profit in the company Tata Tea where he bought 5,000 shares of the company at INR 43 and sold them for INR 143 per share. Today, he is one of the most famous and respected equity investors in India and manages his portfolio as a partner in his AMC (Asset Management Company) Rare Enterprises. He is considered as the king of India stock market. When Sensex zoomed to 3000 points, Rakesh's portfolio jumped to 13, 600 Cr.