The Big Bull of India Rakesh Jhunjhunwala Ji (5 July 1960 – 14 August 2022) died on Sunday, 14 August 2022. He was brought to Breach Candy Hospital, Mumbai and doctors certified him dead at around 6:30 am morning. According to sources he was suffering from kidney disease. The hospital reported cardiac arrest was the main cause of death.
He was died at just 62 years of age. The big business magnate also called ”Indian Warren Buffet”.
He was the 36th richest man in India and 500th richest among the world billionaires with net worth of 5.5 billion. He survived by his wife Rekha Jhunjhunwala and two sons and a daughter.
Rakesh Jhunjhunwala recently launched his airways AKASA AIR.
”Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti.” – tweeted prime minister Narendra Modi.
”Shri Rakesh Jhunjhunwala is no more. Investor, bold risk taker, masterly understanding of the stock market, clear in communication- a leader in his own right. Fondly remember several conversations we’ve had. Had strong belief in India’s strength and capabilities. Condolences.”- tweeted finance minister Nirmala Sitharaman.
May his soul rest in peace.