Rakesh Jhunjhunwala’s net worth decreased by ₹426 crore in one day due to two shares

Since Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala are ace investors in these companies, the fall in these stocks has resulted in a sharp decline in the net worth of Rakesh Jhunjhunwala and the net worth of Rekha Jhunjhunwala.

Rakesh Jhunjhunwala, Rekha Jhunjhunwala holding in Titan Company

As per the shareholding pattern of Titan Company for the quarter October to December 2021, Rakesh Jhunjhunwala holds 3,57,10,395 shares, which is 4.02 per cent of the total paid-up capital of the company. Similarly, Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent stake in Titan in the company. So, Jhunjhunwala holds 5.09 per cent or 4,52,50,970 shares in total.

Rekha Jhunjhunwala, Rakesh Jhunjhunwala holding in Star Health Insurance

As per Star Health Insurance shareholding pattern for Q3FY22, both Rakesh Jhunjhunwala and Rekha Jhunjhunwala hold 10,07,53,935 shares, which is 17.50 per cent of the total issued paid-up capital of Star Health Insurance Company.

The dent in the net worth of Rakesh Jhunjhunwala, Rekha Jhunjhunwala

Reasons for the fall in the shares of Titan Company 53.20 per share on Friday and Jhunjhunwala holds 4,52,50,970 shares of Titan Company, leading to a fall in the net worth of Rakesh Jhunjhunwala and Rekha Jhunjhunwala on Friday. 240 crores.

Similarly, Jhunjhunwala holds 10,07,53,935 shares of Star Health and the stock fell Rs 18.55 per share on Friday, after this fall, the net loss in Jhunjhunwala’s net worth came around 186 crores.

So, the net decline in Jhunjhunwala’s net worth is 426 crore ( 240+ 186).