On the first death anniversary of Rakesh Jhunjhunwala, an old video has resurfaced, capturing the late stock market tycoon passionately lauding the Tata family’s contribution to Indian society. In the video, which was shared widely on social media platform X (formerly known as Twitter), Jhunjhunwala, often referred to as the “Big Bull” of Dalal Street, speaks highly of the Tatas, calling them his “role models in life.”
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Speaking in the video, Jhunjhunwala praised the Tatas for their philanthropic endeavors and business acumen. He specifically highlighted the family’s commitment to charity, recalling how founders like Sir Jamsetji Tata and Sir Ratan Tata donated their wealth to societal causes. “The Tata family is blessed by God. They established India’s first steel plant, the first five-star hotel, and even the first cancer hospital offering free treatment to children. They created wealth for the betterment of society. What greater noble aim can there be?” he said.
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Rakesh Jhunjhunwala, who passed away on August 14, 2022, at the age of 62 due to a cardiac arrest, left behind a legacy of astute investments and inspirational market insights. At the time of his death, his net worth was estimated to be $5.8 billion, making him the 36th richest billionaire in India as per Forbes’ 2021 rankings. Jhunjhunwala began his investing journey in 1985 with just ₹ 5,000, growing it exponentially over the decades to become India’s largest individual investor. His enduring admiration for the Tatas reflects his appreciation for creating wealth with a purpose—a value that resonated deeply throughout his life.
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