Everyone knows that Rakesh Jhunjhunwala made a huge fortune of $5Billion or Rs 40000 crore at the time of his untimely death.
However, the moot question is about the rate at which Rakesh Jhunjhunwala compounded his wealth.
According to Ramesh Damani, Rakesh Jhunjhunwala compounded his wealth at an awesome CAGR of 54%. This is due to his concentrated investments in Titan, CRISIL etc.