Meet India’s second-richest woman, lives in 14-storey mansion, has net worth of Rs 73681 crore; her husband was…

Rekha Jhunjhunwala, the wife of late billionaire investor Rakesh Jhunjhunwala, has a net worth of $8.6 billion (over Rs 73,681 crore), making her India's second richest woman, behind BJP MLA and Jindal Group Chairperson Emeritus, Savitri Jindal.

Nita Ambani, Sudha Murty, Roshni Nadar, Rohini Nilekani, and other businesswomen and business leaders’ spouses are some of richest women in India, but their personal net worth pales in comparison to Rekha Jhunjhunwala, the country’s second richest woman, according to Forbes list of India’s richest women, which is topped by BJP MLA and Jindal Group Chairperson Emeritus, Savitri Jindal.

Who is Rekha Jhunjhunwala?

Rekha Jhunjhunwala is the wife of late billionaire investor, Rakesh Jhunjhunwala, a famed stock broker who earned the moniker ‘India’s Warren Buffet”, due to his sharp investment acumen that made him a billionaire. Rakesh passed away on August 14, 2022 due to a heart attack, leaving Rekha as the heir of his stock portfolio, which runs into thousands of crores.

Born in September 1963, Rekha Jhunjhunwala has a bachelor’s degree in Commerce from the University of Mumbai. Rekha got married to Rakesh in 1987, and owing her strong educational background, quickly started picking valuable knowledge about investments and stock market from her husband.

The couple, despite being famous name in the business space, chose to stay away from the limelight and led a very private life, and as such not much is known about them in the public domain.

Nearly 17 years after their marriage, Rakesh and Rekha Jhunjhunwala finally embraced parenthood, welcoming their first child, a baby girl named Nishtha. A few years later, Rekha gave birth to twin sons, Aryamaan and Aryaveer.

India’s second-richest woman

After Rakesh’s tragic passing in 2022, Rekha Jhunjhunwala inherited her late husband’s stock portfolio, which included valuable holdings such as Titan, Canara Bank, Valor Estate, NCC, Tata Motors, Crisil Limited, Federal Bank Limited, Geojit Financial Services Limited, Star Health, Ailled Insurance Company, and Jubilant Pharmova Limited.

Rekha Jhunjhunwala barely made any public appearances when her husband was alive, but after Rakesh’s demise, she took the responsibility of managing her husband’s expansive stock holdings, and honor his legacy by making the investments even bigger. She was last seen earlier this month when Inventurus Knowledge– a company backed by her– saw a remarkable 47.54 percent surge in stock prices.

Besides managing her late husband’s stock portfolio, Rekha Jhunjhunwala also recently made some strategic acquisitions, including acquiring Rockside CHS units. Rekha has also expanded her real-estate portfolio, with the Rs 370 crore RARE villa and five commercial office spaces worth Rs 739 crore, being among key assets owned by her.

Rekha Jhunjhunwala net worth

According to Forbes Real Time Billionaires list, Rekha Jhunjhunwala has a net worth of $8.6 billion (over Rs 73,681 crore), as of December 20, 2024, making her one of the richest persons in India. Rekha Jhunjhunwala is the 28th richest person in India, and 329th wealthiest across the globe.

She is also the second richest woman in India, behind BJP MLA Savitri Jindal, the Chairperson Emeritus of the O.P Jindal Group, who boast a net worth of $38.8 billion, as per Forbes.