Notably, Basant Maheshwari is a well-known leading investment expert, author, and a market strategist in the Indian financial system. In addition to this, he acts as an inspiration among aspiring investors. Moreover, you might be curious to know about his net worth. Right? Well, in this blog, will be provided with all the relevant and sufficient information about this hard-working personality. You just need to stick around with this blog till the end of the discussion. This blog is all about Basant Maheshwari Net Worth.
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About Basant Maheshwari
Evidently, Basant Maheshwari is one of the prominent figures in the landscape of stock trading. He has made a name for himself in the Indian stock market. Moreover, he is very famous as a businessman, author, investor, advisor, and YouTuber.
Early Life and Background
Talking about his early life, Basant Maheshwari was born on 21st of September, 1970 in the middle class Marwari family. In addition to this, his place of birth is Rajasthan, India. Talking about his education, he completed his primary education from a local school in Rajasthan. After completing his primary studies, he went to St. Xavier College, Mumbai, which is a leading college in the country. Moreover, he assisted his father in the family business and received a few dollars for his work. Additionally, he used that income to test his feet in the stock market, which later became his career. By nationality, he is an Indian. In addition to this, he is married.
Stock market investments
Notably, Basant started his career from investing little amounts in the stock market. In addition to this, the initial years of investing were a trial and error for him. Moreover, in the early 2000, he made several investments that got over his head and resulted in losses. However, he persisted by a desire to understand and once of the market. For the same reason, he read various books by legendary investors such as Warren Buffett which was a turning point in his journey. These books are about learning about the insights of value investing and the importance of patience. Evidently, his earliest major investment was in the stock e-Serve. This multiplied six times in some years and paid off.
Risk and Patience
According to Basant Maheshwari, the stock market is simply risk and patience. It will pay off eventually to the people who can face the ups and downs by remaining faithful. In addition, Maheshwari was already making a killing of the stock market by investing in stocks such as Pantaloons, page industries and Bajaj finance by 2008. His aim was to look for multi-baggers and hold them for life.
Net worth of Basant Maheshwari
Notably, Basant is a popular and prominent figure in the Indian stock market. Moreover, his estimated net worth is around ₹1500 crores. Most of his income through his primary career as a stock investor. Apart from that, he also earns from other sources as he is an author, advisor, YouTuber and market strategist.
Basant Maheshwari Investment Portfolio
- Clean Science and Technology Limited: ₹993.1 crore
- Career Point Limited: ₹444.7 crores
- Brand Concepts Limited: ₹378.7 crore
- Maheshwari Logistics Limited: ₹89.3 crores
- SPA Capital Services Limited: ₹95.9 lakhs
Books and other ventures
Notably, Basant has written so many books and articles on how to become successful in Stock Market. In addition to this, he is also a best-selling author. His book Hypo Thuman is one of the best selling books for investors. Moreover, the thoughtful investor is a guide for the initial investor who is trying to understand market dynamics.
Lessons from Basant to succeed
- Start small – According to Basant, you should start with what you have. In addition to this, slowly up your investments as you grow further.
- Never stop learning – Read, observe the market and never stop the learning process.
- Potential risks – You should be ready to face financial risk and learn to be okay with losses.
- Patience – Investment in the stock market is a long term game.
Trivia
- BIO: Basant Maheshwari is a Kolkata based investor.
- In addition to this, he is a well-known portfolio manager and author as well.
- He took full time investing in 2001.
- Notably, Basant is the author of The Thoughtful Investor.
- Apart from that, he also runs Basant Maheshwari Wealth Advisors LLP, a SEBI registered PMS company.