Big Bull: Rs 50,000 cr fortune to wife and children
Sadly, the bull, who was at the height of his abilities, departed the sand pit before it was time. Legal fraternity sources have informed that top stockbroker and Big Bull Rakesh Jhunjhunwala has made a will that would set forth his intentions for his heirs and the management of his enormous money in the afterlife, putting an end to all conjecture. Jhunjhunwala made arrangements to ensure that his legacy, which includes shares and property, is left to his wife and three children. His fortune is estimated to be valued around Rs 50,000 crore. He even frequently mentioned his fourth kid, charity.
Thus, a portion of his riches will undoubtedly be donated to his preferred causes. According to a member of the legal community who spoke on the condition of anonymity, his wife and three children would inherit his assets, which included direct ownership in both publicly traded and privately held businesses as well as real estate. The Big Bull, who is well-known for his value investing approach, is also reported to own 35 stock holdings.
Construction and contracting (11%) and miscellaneous (9%), banks (private sector) (6%), finance (general) (6%), construction and contracting (civil) (6%), pharmaceuticals (6%), and banks (public sector) (3 per cent) are where he makes the most of his investments .