Remembering Rakesh Jhunjhunwala: When the ace investor spoke about giving wealth away - News Summed Up

Remembering Rakesh Jhunjhunwala: When the ace investor spoke about giving wealth away


India is mourning the death of investor Rakesh Jhunjhunwala. (Image credit: Himanta Biswa Sarma/Twitter)Ace investor Rakesh Jhunjhunwala, worth over $5 billion, often spoke about giving his wealth away. Revered as the Warren Buffett of India, Rakesh Jhunjhunwala, in a 2021 interview with Forbes magazine, had said he planned to transfer Rs 5,000 crore to his philanthropic foundation -- RARE Family Foundation. Today, his net worth stands at $5.8 billion, according to Forbes magazine. "His most valuable listed holding is watch and jewellery maker Titan, part of the Tata conglomerate," Forbes magazine has said in its profile about the investor.


Source: Forbes August 14, 2022 07:50 UTC



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