Rakesh Jhunjhunwala was born in Hyderabad on July 5, 1960, and grew up in Mumbai.

Inspired by his father, who was an Income Tax Officer, he enrolled himself at the Institute of Chartered Accountants of India.

Jhunjhunwala started trading when he was in college in 1985.

He ran a privately-owned stock trading firm called RARE Enterprises.

He invested Rs 5,000 as his capital in the stock market.

Rakesh Jhunjhunwala is well-known for his love for Bollywood films.

He produced the Hindi movie English Vinglish (2012).