Rakesh Jhunjhunwala was asked if Priyanka Chopra was his favorite actor. Check Big Bull's heart warming answer

Rakesh Jhunjhunwala passed away on the August 14, 2022, and he left behind a legacy for people in the stock market to emulate and was quite indifferent to any set of rules as a guide for the stock market.

Agencies
Late share market investor Rakesh Jhunjhunwala was not only the Big Bull of Dalal Street but also a skilled orator whose witty answers often bewildered even the best in the business. During an interview, Jhunjhunwala was asked if actor Priyanka Chopra was his favorite Bollywood heroine. To this, Rakesh replied that Rekha was his favorite.

The interviewer assumed it was legendary actor Rekha, but Rakesh meant his wife, who is the namesake of the actor. He told the interviewer not to be cheeky.

The "Big Bull," as people popularly called him, passed away on the August 14 this year at 62, leaving behind a legacy for stock investors to emulate. He understood stocks quite differently from other brokers as he believed that one should follow the trend as that is one's friend.


How Rakesh Jhunjhunwala's decade-old bets have performed so far
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Ace investor Rakesh Jhunjhunwala passed away on Sunday at the age of 62. The avid long-term investor consistently held six shares for at least a decade. His top holdings for a period of 10 years have rallied up to 1,000 per cent but two delivered negative returns. Let us see how his top long term bets performed:

Ace investor Rakesh Jhunjhunwala passed away on Sunday at the age of 62. The avid long-term investor consistently held six shares for at least a decade. His top holdings for a period of 10 years have..
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Stake as of June 30, 2012: 7.48% | Stake as of June 30, 2022: 5.1% | Return from June 29, 2012, to August 12, 2022: 1,012%

Stake as of June 30, 2012: 7.48% | Stake as of June 30, 2022: 5.1% | Return from June 29, 2012, to August 12, 2022: 1,012%

Stake as of June 30, 2012: 7.84% | Stake as of June 30, 2022: 5.5% | Return from June 29, 2012 to August 12, 2022: 205%

Stake as of June 30, 2012: 7.84% | Stake as of June 30, 2022: 5.5% | Return from June 29, 2012 to August 12, 2022: 205%

Stake as of June 30, 2012: 7.88% | Stake as of June 30, 2022: 7.5% | Return from June 29, 2012, to August 12, 2022: 140%

Stake as of June 30, 2012: 7.88% | Stake as of June 30, 2022: 7.5% | Return from June 29, 2012, to August 12, 2022: 140%

Stake as of June 30, 2012: 2.99% | Stake as of June 30, 2022: 8.2% | Return from June 29, 2012, to August 12, 2022: 72%

Stake as of June 30, 2012: 2.99% | Stake as of June 30, 2022: 8.2% | Return from June 29, 2012, to August 12, 2022: 72%

Stake as of June 30, 2012: 4.26% | Stake as of June 30, 2022: 4.5% | Return from June 29, 2012 to August 12, 2022: 53%

Stake as of June 30, 2012: 4.26% | Stake as of June 30, 2022: 4.5% | Return from June 29, 2012 to August 12, 2022: 53%

Stake as of June 30, 2012: 7.37% | Stake as of June 30, 2022: 8.5% | Return from June 29, 2012 to August 12, 2022: -58%

Stake as of June 30, 2012: 7.37% | Stake as of June 30, 2022: 8.5% | Return from June 29, 2012 to August 12, 2022: -58%


He also believed that the only rule for him was that there weren't any rules related to stocks. He was born in Rajasthan and had a degree in chartered accountancy. He traded in stocks since he was a teenager and his net worth, according to Forbes magazine, was around $6 billion.

Jhunjhunwala supported Prime Minister Narendra Modi, and he always said so in public. The Prime Minister, too, had kind words for him, implying that Rakesh was a winner, lover of life, intelligent, wise, and knowledgeable.
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Jhunjhunwala was someone that investors and people from the financial world could fall back on for advice on the stock market. His feedback on finance, especially the stock market, made him a famous TV celebrity.

Apart from stocks, Jhunjhunwala was also an entrepreneur, and he started an airline called "Akasa Air," which primarily connects domestic cities within India.

He has also produced a few Hindi films, of which "English Vinglish" starring Sridevi has been a hit. The movie took 20 crores to make and raked in around 70 crores.
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