PERSONAL INFORMATION
Profession: Stock Market Investor
Known For: Being the wife of Late Rakesh Jhunjhunwala
Date of Birth: 12 September 1963 (Thursday)
Age (as of 2023): 60 Years
Birthplace: Mumbai
Zodiac sign: Virgo
Nationality: Indian
Religion: Hinduism [1] Economic Times
Marriage Date: 22 February 1987 (Sunday)
Age: 60 Years
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PHYSICAL STATISTICS
Eye Colour: Black
Hair Colour: Salt & Pepper
FAMILY & RELATIONSHIPS
Marital Status: Widow
Husband/Spouse: Rakesh Jhunjhunwala (investor, trader, businessman, chartered accountant; died in 2022)
Children: Son – Aryaman Jhunjhunwala & Aryaveer Jhunjhunwala (twins; b. 2009) Daughter – Nishtha Jhunjhunwala (b. 2004)
Parents: Father – Purushotam Premraj Gupta
Father: Purushotam Premraj Gupta
Husband: Rakesh Jhunjhunwala
MONEY FACTOR
Assets/Properties: • A 4,500 sq ft duplex in South Mumbai’s Malabar Hills that Mr Rakesh bought for Rs 25.25 crore. • An 18,000 sq ft holiday home with seven bedrooms, a pool, jacuzzi, gym, and a disco in Lonavala. [2] Open Magazine • 9 Apartments in Rockside CHS (behind her RARE Villa residence in South Mumbai’s Malabar Hills) worth Rs. 118 crore (bought between 2023 and 2024)
Net Worth (approx.): Rs 47,650.76 crore (USD 5.9 billion) [3] Forbes Note: In November 2022, she replaced her husband as the 30th richest person in India. [4] Money Control
OTHER INFORMATION
Address: Il Palazzo, Little Gibbs Rd, Malabar Hill, Mumbai
INTERESTING BACKGROUND INFORMATION
Rekha Jhunjhunwala, a prominent figure in the Indian stock market, is not only recognized for her investment acumen but also for her partnership with her husband, the renowned billionaire business magnate Rakesh Jhunjhunwala. Together, they form a dynamic duo that has made significant strides in the world of finance and investment. Rekha’s contributions extend well beyond her marital ties, as she holds a notable presence in various sectors through her involvement in multiple companies, showcasing her diverse interests and expertise.
As of 2022, Rekha has established her footprint in the corporate landscape by associating with four distinct companies: Jalaram Baba Children’s Nest Education Private Limited, Minosha Digital Solutions Private Limited, Ohm Educom Foundation Private Limited, and Rare Family Foundation. These ventures reflect her commitment not only to business but also to social causes, particularly in the fields of education and digital solutions. Through these initiatives, Rekha emphasizes her belief in the transformative power of education and technology, aiming to make a positive impact on society.
An interesting facet of the Jhunjhunwala partnership is the very essence of their shared enterprise, RaRe Enterprises, a stock brokerage firm founded in 1992. The name of the firm cleverly intertwines their identities, with “Ra” representing Rakesh and “Re” symbolizing Rekha, a testament to their collaborative spirit. This company has become a significant player in the finance sector, solidifying the couple’s legacy in the investment community. Their journey in the stock market has not only been profitable but has also inspired many aspiring investors.
The personal life of Rekha Jhunjhunwala adds another layer to her narrative. After enduring the challenges of six cycles of in vitro fertilization (IVF), she and Rakesh welcomed their daughter, Nishtha, into the world. This journey highlights the couple’s perseverance and dedication to family, further strengthening their bond. Their commitment to each other and their family remains a cornerstone of their life together amidst the complexities of their business endeavors.
In a notable investment move in March 2024, Rekha made headlines by purchasing nine luxurious apartments in Rockside CHS, strategically located behind their RARE Villa residence in the upscale Malabar Hills of South Mumbai. This impressive acquisition, valued at Rs. 118 crore, was driven by her desire to preserve the breathtaking view of the Arabian Sea from her existing home. Such a decision underscores her investment philosophy, blending personal preferences with strategic real estate endeavors, reflecting her keen understanding of both aesthetics and value in the rapidly evolving urban landscape. Through her various roles, Rekha Jhunjhunwala continues to carve a distinctive path, embodying the essence of modern Indian entrepreneurship and family life.
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Note: All biographical information compiled from publicly available sources.