Who is Rakesh Jhunjhunwala’s market guru? Who gave them ‘Guru Mantra’ to earn from the market

Who does not know Rakesh Jhunjhunwala, popularly known as the Big Bull of the stock market and Warren Buffett of India. The uncrowned king of the stock market, the stock he puts his hand in, starts running. Investors follow his tips as if someone is following his teacher in school. But, few people would know who is Jhunjhunwala’s guru or teacher in the market? Rakesh Jhunjhunwala himself had disclosed this fact. During a program, he had told who is his guru. According to Jhunjhunwala, the education received from the Guru has brought him to this height of success today.

Who is Rakesh Jhunjhunwala’s mentor?

According to Rakesh Jhunjhunwala, he got the support of many people in life. But above all, he believes in his father. Rakesh Jhunjhunwala told that his first guru is his father. According to Rakesh, it was the father who explained to him the values ​​of life. Rakesh told that his father helped him in taking big decisions. He believed that there should be no hesitation while taking big decisions. Jhunjhunwala said that apart from his father, his other gurus are Radhakishan Damani and Ramesh Damani. This happened many times, when both of them showed him the right path.

Radhakishan Damani is a billionaire investor

The name of Radhakishan Damani is also included in the few nobles of the country. He is a billionaire investor and businessman. A retail chain named D-Mart( Avenue Supermarts Ltd.) also belongs to Radhakishan Damani. According to the Bloomberg Billionaires Index, he is the 122nd richest person in the world. With a net worth of $ 11.9 billion, India is at number six.

Who is Ramesh Damani?

Ramesh Damani is a member of BSE. Apart from this, he is also recognized as a successful investor. Ramesh Damani is working in the stock market since 1989. You will be surprised to know that when Ramesh Damani entered the stock market, the Sensex was at the level of 800. It has now climbed 60 times compared to 1989. Ramesh Damani is called the Nawab of Dalal Street.

He is also the master of Rakesh Jhunjhunwala

Another name is included in the list of gurus of Rakesh Jhunjhunwala. This person is Kamal Kabra. Kamal is also an investor in the stock market. Apart from this, Rakesh Jhunjhunwala mentioned another person. He said that I had a friend, who left the world at an early age. His name was Rajiv Shah. According to Jhunjhunwala, we 5-6 people always thought of doing right. We were crazy about success, but never considered it easy.

What is their success mantra?

According to Rakesh Jhunjhunwala, his net worth was one crore rupees in 1988, which increased to 200 crores in 1993. Rakesh says that it did not mean at all that at this pace his net worth would reach 800 crores in the year 2000. Rather, even in 2002, his assets remained only 250 crores. He told that he invests 5 percent of his portfolio in debt instruments. He said, between September 2001 and September 2003, he had invested 40 per cent of his portfolio in debt instruments. Today the net worth of Rakesh Jhunjhunwala has reached more than Rs 18000 crores.