Harshad Mehta, known as the Big Bull of India, was a famous stockbroker linked to the 1992 scam. He is one of the most well-known names in India’s financial history. Even today, people search about Harshad Mehta, especially his wife.
In this article, we will share information regarding Harshad Mehta wife, biography, education, net worth and much more.
Who Was Harshad Mehta?
Harshad Mehta was an Indian stockbroker who became extremely popular in the late 1980s and early 1990s. He played a big role in making the stock market popular among common people.
Harshad believed in investing heavily and taking risks. Because of his strong belief in rising markets, he was called the “Big Bull.”
Harshad Mehta Wife: Jyoti Mehta
Let’s talk about Harshad Mehta wife, who played an important role in her husband’s life even after his death. Harshad Mehta was married to Jyoti Mehta.
Jyoti Mehta is known for maintaining a private life, she stayed away from media and public attention even when her husband was very famous.
Jyoti Mehta supported Harshad Mehta during both his success and his difficult times. After his death, Harshad Mehta wife, Jyoti Mehta, fought legal battles related to her husband’s cases and financial matters.
Harshad Mehta Biography Overview
| Details | Information |
|---|---|
| Full Name | Harshad Shantilal Mehta |
| Other Name | Harshad Mehta |
| Date of Birth | 29 July 1954 |
| Birthplace | Paneli Moti, Gujarat, India |
| Profession | Stockbroker |
| Famous For | 1992 Stock Market Scam |
| Wife | Jyoti Mehta |
| Son | Atur Mehta |
| Death | 31 December 2001 |
Harshad Mehta Age
According to the sources, Harshad Mehta was born on 29 July 1954 in Paneli Moti, Gujarat, however he died on 31 December 2001. As per this, Harshad Mehta age was 46 years at the time of death.
Early Life and Education
Harshad Mehta was born in a middle-class family in Gujarat. Later, Harshad Mehta family moved to Mumbai in search of better opportunities. Harshad Mehta father, Shantilal Mehta was a textile businessman whereas his mother, Rasilaben Mehta was a homemaker.
Harshad Mehta completed his schooling from Janta Public School, Camp 2 Bhilai. For higher studies, Mehta enrolled in Lala Lajpat Rai College, Bombay and completed his graduation in commerce.
Harshad Mehta Career Journey
Before becoming a stockbroker, Harshad worked in small jobs like selling cement and doing office work. After that, Harshad destiny changed and a big turning point came in Harshad life.
Career in Stock Market
Harshad Mehta started working at the Bombay Stock Exchange in the early 1980s as a jobber. Slowly, he learned how trading works.
After gaining experience, Harshad became a broker and started his own firm, GrowMore Research and Asset Management . He invested large amounts of money in selected stocks and increased their prices. This made him very powerful in the market.
Rise to Fame – The Big Bull
In the early 1990s, Harshad Mehta became a star in the stock market. Investors trusted him and followed his advice.
He pushed stock prices higher and made huge profits. His lifestyle also became very luxurious.
Harshad owned expensive cars, a big house in Mumbai, and lived a rich lifestyle. He became a symbol of success.
The 1992 Stock Market Scam
The biggest turning point in Harshad Mehta’s life was the 1992 scam. As Harshad Mehta used loopholes in the banking system to get large sums of money. He invested this money in stocks and increased their prices.
The scam was worth around ₹4,000 crore, which was a huge amount at that time. A journalist, Sucheta Dalal exposed the scam. After that, investigations started, and Harshad Mehta was arrested. Several cases were filed against him by banks and investors.
Harshad Mehta Web Series
Harshad Mehta story became popular again after the release of the web series Scam 1992 The Harshad Mehta Story.
| Title | Scam 1992: The Harshad Mehta Story |
| Based On | Real-life story of stockbroker Harshad Mehta |
| Release Year | 2020 |
| Platform | SonyLIV |
| Genre | Biography, Drama, Crime |
| Director | Hansal Mehta |
| Producer | Applause Entertainment |
| Main Actor (Harshad Mehta) | Pratik Gandhi |
| Supporting Cast | Shreya Dhanwanthary, Hemant Kher, Anjali Barot |
| Total Episodes | 10 Episodes |
| Episode Duration | 40–60 minutes (approx.) |
| Storyline | Shows Harshad Mehta’s rise from a small jobber to a stock market king and his involvement in the 1992 securities scam |
| IMDb Rating | 9+ (Highly Rated) |
| Popularity | One of India’s most successful web series |
| Awards | Multiple awards including Best Series & Best Actor |
| Language | Hindi |
| Why It’s Famous | Strong storytelling, realistic acting, and detailed explanation of India’s biggest financial scam |
The series showed Harshad Mehta life in detail and was loved by the audience.
Harshad Mehta son
Harshad Mehta son is Atur Mehta. Unlike his father, who became one of the most talked-about figures in Indian financial history due to the 1992 stock market scam, Atur Mehta has chosen to live a very private and low-profile life.
Death of Harshad Mehta
Harshad Mehta died on 31 December 2001 due to a heart attack while he was in custody. His death ended a life full of success, controversy, and lessons. Even after his death, some cases continued for years, and his wife had to deal with them.
Harshad Mehta Net Worth
Harshad Mehta was considered one of the richest stockbrokers in India. As per news reports, Harshad Mehta estimated net worth in the early 1990s was around ₹3,500–₹4,000 crore
Harshad lived a very luxurious life, owning a lavish sea-facing apartment in Mumbai and expensive cars like Lexus.
However, after the 1992 Indian stock market scam, Harshad Mehta wealth collapsed, most of his assets were seized, and he faced multiple legal cases.
Social Media
Instagram: @harshadmehta_24
Conclusion
Harshad Mehta had a life full of ups and downs. From becoming the “Big Bull” of the stock market to being involved in a major scam, Harshad Mehta journey is unforgettable.
His wife Jyoti Mehta remained a strong supporter throughout his life. Today, Harshad Mehta’s story is remembered as both inspiring and cautionary.
Frequently Asked Questions
Harshad Mehta was a famous Indian stockbroker known for the 1992 scam.
His wife is Jyoti Mehta.
He is famous for the 1992 stock market scam.
Harshad Mehta died on 31 December 2001.
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