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This is an archive article published on December 29, 2010

Rakesh Jhunjhunwala: Holy bull

Unlike scamsters Harshad Mehta,Ketan Parekh,Jhunjhunwala made his millions honestly.

Often referred to as India’s Warren Buffett,he is the first dollar billionaire from India to have made his fortune primarily from the stock markets.

That\’s Rakesh Jhunjhunwala for you. And it\’s not for nothing that he has earned this enviable reputation. His official portfolio which combines his holdings with that of his wife is itself today worth over Rs 3,400 crore.

And many of his picks,be it Titan Industries,Lupin,Crisil,Nagarjuna Construction and Karur Vysya Bank-have multiplied many times over,ever since the bull run began in this decade.

And,unlike his contemporary Harshad Mehta or that of Ketan Parekh who rigged the K-10 stocks during 1999-2001,Jhunjhunwala has come clean till date and is known to pay his taxes regularly.

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