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  Rakesh Jhunjhunwala   (born 5 July 1960) [2]   is an Indian   business magnate   and stocks   trader . He manages his own portfolio as a partner in his   asset management   firm, Rare Enterprises. [ citation needed ]   During his early life, Rakesh grew up in a Agarwal Family in   Bombay , where his father, worked as Commissioner of Income Tax, Bombay. His family belong to Jhunjhunu. [ citation needed ]   He graduated from   Sydenham College [3]   and thereafter enrolled at the   Institute of Chartered Accountants of India . [ citation needed ] He has an estimated net worth of $4.5 billion (as of May 2021). Jhunjhunwala is the chairman of  Aptech Limited  and  Hungama Digital Media Entertainment Pvt. Ltd.  and sits on the board of directors of Prime Focus Limited,  Geojit Financial Services , Bilcare Limited, Praj Industries Limited,  Provogue India Limited ,  Concord Biotech Limit...