Who Are Aryaman Jhunjhulwala And Aryavir Jhunjhunwala? Rakesh Jhunjhunwala’s Two Sons Today
Rakesh Jhunjhunwala played a bear in Scam 1992, but he became a bull and amassed enormous wealth, getting the moniker “Big Bull.” Discover his son and family details below.
He is a well-known figure in the Indian community and a source of inspiration for many in the stock market, passed away on Sunday, August 14, at 62. According to NDTV, the wealthy businessman was taken urgently to the hospital after experiencing a life-threatening medical ailment.
Jhunjhunwala was already dead when he arrived at the hospital; hence his cause of death was a cardiac arrest. However, in recent years, he has experienced several health issues.
The additional source notes that Rakesh only recently left the hospital after receiving treatment for kidney-related problems.
Rakesh Jhunjhunwala Son: Who Are Aryaman Jhunjhulwala And Aryavir Jhunjhunwala?
Aryaman Jhunjhulwala And Aryavir Jhunjhunwala are twin brothers who were born in the year 2009. His father threw a huge party on their birth occasion.
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There aren’t many details related to his sons on the Internet. They have managed to hide their professional information from the public to date.
Similar to their professional details, they hid their social media accounts behind curtains.
Find Rakesh Jhunjhunwala Net Worth
According to Business Standard, Rakesh Jhunjhunwala had a net worth of $5.8 billion at the time of his death, which is equal to 461,854,000,000 Indian rupees at the current exchange rate.
Rakesh, frequently referred to as the Warren Buffet of India and the Big Bull of the Indian stock market, amassed enormous wealth following the 1992 fraud.
His trading system’s concepts and techniques proved helpful as he continued to generate sizable gains in the following years.
Along with profiting from the stock market, Jhunjhunwala also engaged in other business endeavors that generated profitable returns on his capital and significantly raised his net worth. At the time of his death, he was India’s 36th richest man.
More About Rakesh Jhunjhunwala Family
Rekha Jhunjhunwala, his wife, and their three children survived Rakesh Jhunjhunwala.
He had a lovely five-person family. Rakesh and Rekha were married from 1987 till the businessman’s passing on August 14, 2022. Three children were born to the couple: one girl and two sons.
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The daughter called Nishtha, born on June 30, 2004, is the late business tycoon’s oldest child. Sons Aryaman and Aryaveer were born on March 2, 2009, as were the other two kids.
About Rakesh Jhunjhunwala Involvement In Scam 1992
Despite being a part of the Scam of 1992, Rakesh Jhunjhunwala did not take any drastic measures to stop it from happening.
The 1992 scam is based on the exploits of Harshad Mehta, who stole $1 billion from the banking system using counterfeit banknotes.
He then used the stolen funds to purchase and manipulate equities on the Bombay Stock Exchange. The 2020 thriller series Fraud 1992 is based on this scam.
Jhunjhunwala also appeared in the series since he worked in the market during the events. However, he was on the other side of the tale as a bear, seeking to profit from the market declines rather than actively influencing the deceit. Finally, Rakesh was played in the series by Kavin Dave.
After Mehta’s scheme came to light and the stock market fell, Rakesh profited from short selling and multiplied his wealth.
