Rakesh Jhunjhunwala

Investor with a Midas touch, Rakesh Jhunjhunwala is often referred to as India's Warren Buffett. Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college. He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 36,000.His most valuable holding is watch and jewellery maker Titan, worth close to $900 million.His privately owned stock trading firm Rare Enterprises, derives its name from the first two initials of his name and wife Rekha's name.