Harshad Mehta Bio, Age, Family, Networth

Harshad Mehta
Harshad Mehta

Harshad Mehta

Harshad Mehta, a harsh and sharp-minded stockbroker, died in a peculiar way after being held culpable in a case and incarcerated for five years. Harshad Mehta was registered in Thane prison when he suddenly felt a discomfort in his chest late at night on December 31, 2001, and was rushed to Thane Civil Hospital, where he died. Thus, he died at the age of forty-seven.

Harshad Mehta, the demoted king of the stock market, was undoubtedly a very smart-minded individual, but he exploited his keen intellect to make money in the wrong way. If he had followed these guidelines perfectly, his name would no longer be associated with any type of swindle, and he would be remembered in a positive light by the public.

Harshad Mehta
Harshad Mehta


Real Name :  Harshad Shantilal Mehta

Nickname :  The Big Bull & The Amitabh Bachchan of Stock Market

Profession :  Stockbroker

Noted for :  Masterminding the 1992 Stock Market Scam of over INR 4000 crore rupees

Physical Stats & More

Height 6 Feet
Weight 78 kg
Eye Colour Black
Hair Colour Black

Personal Life

Date of Birth 29 July 1954 (Thursday)
Hometown Paneli Moti, Rajkot District, Gujarat
Date of death 31 December 2001 (Monday)
Place of death Thane Civil Hospital, Mumbai
Age (at the time of death) 47 Years
Death Cause Heart Ailment
Birth sign Leo
Citizenship Indian
Motherland Paneli Moti, Rajkot District, Gujarat
School Holy Cross Senior Secondary School, Raipur, Chhattisgarh
College/University Lala Lajpat Rai College of Commerce and Economics, Mumbai (1976)
Educational Qualification B.Com
Religion Gujarati Jain
Address Vandana CHS on Janki Kutir Road, Juhu
Harshad Mehta
Harshad Mehta


Wife/Spouse Jyoti Mehta
Children Son- Atur Mehta
Daughter- None
Parents Father- Shantilal Mehta (Businessman)
Mother- Rasilaben Mehta
Siblings Brother- Sudhir Mehta, Hitesh Mehta & Ashwin Mehta (Advocate)
Sister- None

Relationships & More

Marital Status (at the time of death) Married

Net Assets

Net Worth 3542 crores Approx.

Car & Bike Collection

Lexus 400

Hindustan Motor Contessa

Fiat Padmini

Harshad Mehta
Harshad Mehta
Some Facts About Harshad Mehta
  • Harshad Mehta, born into a Gujarati Jain family, was a stockbroker who carried out the 1992 stock market fraud, the largest ever in India.
  • Harshad spent his early life in Mumbai’s Kandivali, where his father, Shantilal, had a modest textile business. Later, the Mehta family relocated to Raipur, Chhattisgarh, where Harshad attended school before returning to Bombay (now Mumbai) in 1973 for his degree.
  • After graduating in 1976, Harshad worked various jobs for eight years. He worked as a cement contractor, a hosiery salesperson, a diamond sorter, an insurance clerk, and in a variety of other sales positions.
  • While working as an insurance agent in the Bombay office of New India Assurance Company Limited (NIACL), Harshad developed an interest in the stock market. In 1981, he left NIACL to work as a jobber (a person who refers clients to stock market brokers) for a stockbroker named Prasann Pranjivandas, whom he regarded as his share market mentor.

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