Harshad Mehta Net Worth

Harshad Mehta Net Worth

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Harshad Mehta was a well-known stock market broker of our country India, also known as The Big Bull [27]. Let us tell you that they are holding a lot in the stock market and for this reason they had shaken the stock market [28], let us inform that his mind was very sharp, due to which he made a splash in the stock market with great speed and also earned a lot of money and became the uncrowned king of the stock market. Let us talk about his life in this article [29] [30] [31].

Birth and Introduction of Harshad Mehta

Full nameHarshad Shantilal Mehta[32]
Nick NameThe Big Bull, Amitabh Bachchan of Stock Market  
Famous forStock market scam of more than 4000 crores in 1992
Date of birth29 July 1954
Birth placePaneli Moti, Rajkot District, Gujarat
Date of death31 December 2001
Age at death47 years
Death cause(Heart Ailment)
Place of deathThane Civil Hospital
Zodiac signVirgo
Occupationstock broker
NationalityIndian
HometownGujarat
SchoolHoly Cross Senior Secondary School, Rajpur Chhattisgarh
College/UniversityLala Lajpat Rai College of Commerce and Economics, Mumbai 
शिक्षा (Educational qualification)B.Com
ReligionHindu
net worthnot known
Harshad Mehta Net Worth

Harshad Mehta’s Family Details

Well-known stock broker Harshad Mehta was born in a small Gujarati family in Rajkot district of Gujarat [33]. When Harshad Mehta’s childhood passed, after that his entire family was shifted to the state of Madhya Pradesh [34]. Harshad Mehta’s father used to do his business in Kandivali, Mumbai [35]. His father had his own business in Mumbai, in which he was unsuccessful. After that he again started business in Madhya Pradesh [36]. His mother was a housewife and he had three brothers. Apart from this, he has a wife and a son in his family [37] [38] [39].

FatherShantilal Mehta
MotherRasilaben Mehta  
SiblingsThree brothers * Ashwin Mehta * Hitesh Mehta * Sudhir Mehta
WifeJyoti Mehta
Childrenatur mehta
Harshad Mehta Net Worth

Education of Harshad Mehta

Harshad Mehta did his early studies from Holy Cross Baron Bazar Higher Secondary School in Raipur, Chhattisgarh, he did his B.Com from Lajpat Rai College, Mumbai [40]. Let us tell here that Harshad Mehta was a very intelligent and smart student [41] [42] [43].

Harshad Mehta’s Physical Appearance (Look)

Height6 foot
वजन (Weight)78kg
Eye ColorBlack
Hair ColorBlack
Harshad Mehta Net Worth

Career of Harshad Mehta

Let us tell you that Harshad Mehta had joined an insurance company after completing his studies, where he used to do sales jobs [44]. After a few days of working there, he started working in a brokerage firm and there he learned all the information about the stock market very closely [45]. When he understood all the tricks of the stock market well, after that in 1984 he formed his own company and got membership of Mumbai Exchange [46]. Let us tell you that in no time Harshad Mehta was in the headlines of newspapers and news and all the big industrialists were eager to meet and work with him [47]. Harshad’s name was being given a lot of respect in the stock market, and everyone was astonished that how he had made so much progress in such a short time [48] [1] [2] [3].

Some interesting facts about Harshad Mehta

  • He was also called the uncrowned king of the stock market and The Big Bull.[4]
  • He had earned a lot of money in the stock market in a very short time.[5]
  • Harshad Mehta used to take money from banks by making fake receipts and put them in the stock market.[6]
  • he belonged to a middle-class family and his father was a small businessman.[7]
  • 72 criminal cases and more than 600 civil cases were filed against them. But Harshad Mehta was found guilty in only one case as no evidence was found against him in all other cases.[8]
  • Harshad Mehta had also accused the then Prime Minister PV Narasimha Rao of a bribe of one crore rupees in 1993, which did not prove to be true.[9]
  • He died in prison in a very mysterious way[10].

Harshad Mehta’s controversy, scam

1992 Harshad Mehta busted – For information, let us tell you that the way Harshad Mehta was progressing so fast, that every person was surprised by it and everyone wanted to know the secret of his success [11]. Which was exposed in 1992 [12]. Let us inform that Sucheta Dalal, a journalist of that time, had blown the stock market game of Harshad Mehta [13]. Let us inform here that along with 72 criminal cases were registered against Harshad Mehta, more than 6000 civil cases were registered. [14] [15] [16]

But he had secured bail in all the cases and due to lack of evidence, he was found guilty in only one case [17]. That is why in 2001, he was sentenced to 5 years as well as a fine of Rs 25,000 on him [18]. Let us tell you here that in 1992, when the Janakiraman Committee of RBI gave its report, according to them Harshad Mehta had committed a scam of 4025 crores [19] [20] [21].

Harshad Mehta Affairs (Personal Life and Affairs)

Please tell that Harshad Mehta was married to Jyoti Mehta and both were very happy in their married life [22]. Apart from this, Harshad Mehta did not have a love affair with any other woman [23] [24] [25].

Harshad Mehta Movies and Web Series

When the Harshad Mehta scam came to the fore, along with the release of many films on his life [26], many web series also came [27]. Let us inform here that in the year 2020, a web series based on Harshad Mehta’s life was also shown on Sony Liv named 1992 Scam – The Harshad Mehta [28] [29] [30].

Harshad Mehta Death

Vicious and sharp minded stockbroker Harshad Mehta died in a very mysterious way when he was found guilty in a case and was imprisoned for 5 years [11]. For information, let us tell you that Harshad Mehta was lodged in Thane jail when suddenly on December 31, 2001, there was pain in his chest late in the night, he was taken to Thane Civil Hospital but he died there. Thus he died only at the age of 47 [31][32].  

Harshad Mehta, who was the uncrowned king of the stock market, was certainly a very sharp minded person, but he used his sharp mind to earn money in the wrong way [33]. If he had used these tips properly, then today his name would not have been associated with any kind of scam and today he would have been remembered in a respectable way among the people [34] [35] [36].

One thought on “Harshad Mehta Net Worth

  1. Harshad Mehta Net Worth » HEALTH LIFE LINE March 16, 2022 at 8:35 AM

    […] know how much Harshad Mehta net worth is. One often veiled by the mystery of the personality of Dalal Street’s Big Bull, […]

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