Rekha Jhunjhunwala's story
Who is Rekha Jhunjhunwala?
Rekha Jhunjhunwala is an investor and co-founder of Rare. She is the wife of India's famous big bull investor Rakesh Jhunjhunwala. She also stands as the second richest woman in India. Rekha Jhunjhunwala’s life is a testament to vision, strategic acumen, and a taste for excellence.
Finding multibagger stocks is important for building wealth. Discover potential multi-baggers at Sovrenn Discovery.
Early Life and Marriage
Rekha was born on September 12, 1963 in Mumbai. She pursued her Bachelor of Commerce from Mumbai University. Her life took a transformative turn when she married Rakesh Jhunjhunwala in 1987. Interestingly, fate played a unique role in their meeting, as Rakesh’s initial marriage proposal was for Rekha’s cousin. However, destiny had other plans. He met Rekha and married her.
The couple’s journey together was as extraordinary as their bond. Rekha stood by Rakesh through thick and thin as he rose to prominence as one of India’s most celebrated stock investors, often referred to as the “Indian Warren Buffett.” They were blessed with three children: Nishtha, Aryaman, and Aryaveer. Despite their immense wealth, the Jhunjhunwalas have maintained a remarkably low profile and choose to let their achievements speak for themselves.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
A Luxurious Lifestyle: RARE Villa
Rekha Jhunjhunwala’s primary residence, the iconic RARE Villa, reflects her exquisite taste for luxury. It is located on Ridge Road, Malabar Hill, this 14-storey mansion spans an impressive 70,000 square feet. Purchased in two phases by Rakesh between 2013 and 2017 for INR 370 crore, the villa offers breathtaking, uninterrupted views of the Arabian Sea. To preserve her cherished vista, recently Rekha strategically acquired nine apartments in the building for INR 118 crore.
Expanding Real Estate Portfolio
Beyond RARE Villa, Rekha’s real estate investments include five commercial properties in Bandra Kurla Complex (BKC) and Chandivali, Andheri East. Acquired for INR 739 crore in 2023, these properties cover 1.94 lakh square feet, reinforcing her status as a discerning investor in high-value assets.
Financial Acumen and Stock Investments
Rekha’s stock portfolio is a cornerstone of her financial empire. Her investments are valued at INR 37,831 crore and yield substantial returns, including a quarterly dividend income of INR 224 crore. Among her key holdings are: Titan Company Limited: Rekha holds 4,57,13,470 shares in Titan. A recent surge in Titan’s stock price saw her net worth jump by INR 95.54 crore in a single day. Metro Brands: With 2,61,02,394 shares, Rekha’s net worth rose by INR 10.18 crore during a market rally.
Her portfolio also includes investments in Tata Motors Ltd., where she recently increased her stake, and other companies like Aptech Ltd., where she strategically reduced her holdings. She has demonstrated tactical prowess by adjusting stakes in various companies to maximize returns. Much of Rekha’s financial journey is intertwined with the legacy of her late husband, who built their empire on the principles of smart investing.
Rekha Jhunjhunwala’s life exemplifies the balance between luxury and strategic growth. Her journey is an inspiration, showing how determination, foresight, and a touch of luxury can coalesce into an extraordinary life. Rekha continues to shape her narrative with elegance and ingenuity. Her story is not just about wealth but also about the wisdom and strategy behind building an empire that inspires generations.
Rekha Jhunjhunwala Net worth
Rekha Jhunjhunwala's Net worth is 72,814 crore and a meticulously curated stock portfolio valued at 37,831 crore.