Rakesh Jhunjhunwala

[/caption]Rakesh Jhunjhunwala is a multi-billionaire, celebrity stock market investor and partner in his asset management firm, Rare Enterprises. He is a known face on TV and business newspapers, as he is considered to be an ace stock-picker. He is called India’s Warren Buffet for his focus on long-term investments. On 3 August, he added to the comparison by making a public pledge to donate 25 percent of his paper wealth to charity, calling it his fourth child.A chartered accountant by training, and investor by profession, he is known for his multifaceted and in-depth knowledge of the stock market and the Indian macroeconomy. He follows strategies of George Soros and considers Radhakrishnan Damani as his guru.In 2010, Forbes rated him India's 51st and the world's #937 richest man with wealth running into billions. Jhunjhunwala entered the market in 1984, when he was 25, with a mere Rs 5,000 investment in the iron-ore exporter Sesa Goa. Three years later, he turned that amount into 10 million rupees.A 2007 article in the Economic Times informs, “For a man who purchased Tata Tea for Rs 5000 when he was only fifteen years old, Rakesh Jhunjhunwala has a total net worth of approximately Rs 6000 crore along with his wife Rekha Jhunjhunwala.”His personal investment portfolio, that invites a lot of debates, can be viewed here.