On the day of his death, Jhunjhunwala’s net worth is estimated at $five.five billion, roughly Rs 43,800 crore, creating him the 36th richest particular person in India, according to Forbes information.
Jhunjhunwala was fondly recognized as the Big Bull or the Warren Buffett of India, and a main portion of his wealth came from equity industry investments.
According to the newest corporate shareholdings, Jhunjhunwala and associates publicly held 32 stocksSponsored Product with a net worth of a lot more than Rs 31,904.eight crore.
counts for a lot more than a single-third of his listed equity investments. As on June 30, 2022, Jhunjhunwala and his wife Rekha held 44,850,970 equity shares or a five.05 per cent stake in the luxury solutions firm worth Rs 11,086.9 crore. Then came the lately listed and Metro Brands, exactly where the holdings have been worth Rs 7,017.five crore and Rs three,348.eight crore, respectively. He and his spouse are named promoters in Star Health and Allied Insurance Company.
They cumulatively owned one hundred,753,935 equity shares or 17.49 per cent stake in Star Health, whereas thier holding in Metro Brands stood at 39,153,600 shares or 14.43 per cent as on June 30, 2022.
Jhunjhunwala also owned 36,250,000 shares or 1.09 per cent stake in Tata Motors and 40,00,000 shares or five.48 per cent stake in Crisil, taking his private holdings in the businesses to Rs 1,731.1 crore and 1,301.9 crore, respectively.
In the remaining businesses, the worth of Jhunjhunwala’s holdings have been significantly less than Rs 1,000 crore, regardless of owning a lot more than ten per cent stake in some of them.
He held four.two per cent stake in Forthis Healthcare (worth Rs 898.9 crore) three.six per cent stake in Federal Bank (worth Rs 839 crore) two per cent stake in Canara Bank (worth Rs 822.five crore) and two.1 per cent stake in
Company (worth Rs 816.three crore).
He also owned stakes in NCC (12.six per cent, worth Rs 505.two crore), Rallis India (9.eight per cent, worth Rs 428.eight crore),
(20 per cent, worth Rs 423.five crore), (six.eight per cent, worth Rs 377.two crore), (four.eight per cent, worth Rs 358.7 crore) and (1.1 per cent, worth Rs 336.six crore)
Jhunjhunwala was hugely bullish on Tata group businesses as 5 out of his major 15 holdings — Titan, Tata Motors, Indian Hotels, Rallis India and Tata Communications — have been entities in the homegrown conglomerate.
His other holdings integrated Escorts Kubota,
, Aptech, and . In these businesses, his stakes have been worth Rs 125 crore to Rs 300 crore every single.
He also owned stakes in
, Wockhardt, , Anant Raj, , Man Infra, DB Realty, , Autoline Industries, Bilcare and , but his holdings in them have been significantly less than Rs one hundred crore every single.
