Explore the life of Rekha Jhunjhunwala, India's second richest woman. Learn about her family, luxurious lifestyle, net worth, and notable investments.
Rekha Jhunjhunwala holds the distinction of being India's second richest woman, boasting a net worth of Rs 72,814 crore. Her opulent lifestyle, assets, and distinctive investment strategies are truly remarkable.
Rekha Jhunjhunwala owns multiple luxurious properties, including a high-rise, sea-facing apartment on Malabar Hill’s Ridge Road. This 14-storey mansion, formerly known as Ridgeway Apartments, was acquired by Rekha's late husband, Rakesh Jhunjhunwala, for Rs 370 crore between 2013 and 2017.
Spanning 70,000 square feet, this property is located in one of Mumbai's most exclusive neighbourhoods. Along with this 14-storey luxury apartment, Rekha Jhunjhunwala also owns nine additional apartments valued at Rs 118 crore.
Family and Early Life
Born on September 12, 1963, Rekha Jhunjhunwala graduated from the University of Mumbai. She married Rakesh Jhunjhunwala in 1987, embarking on a journey of success as Rakesh made his mark as a prominent stock investor.
Rekha and Rakesh Jhunjhunwala have three children: Nishtha, Aryaman, and Aryaveer.
Rakesh, celebrated for his exceptional trading skills, was often referred to as "India's Warren Buffett." His investment expertise generated impressive returns, contributing to their substantial wealth.
Real Estate Investments
Rekha Jhunjhunwala's real estate portfolio showcases her status and sophisticated taste, featuring an array of high-value properties that reflect her refined lifestyle.
In addition to her prized villa, Rekha Jhunjhunwala made headlines in 2023 by purchasing five commercial office spaces in Bandra Kurla Complex (BKC) and Chandivali in Andheri East for Rs 739 crore. These properties, spanning a total of 1.94 lakh square feet, significantly boost her investment portfolio.