Nagender Singh
Shimla, August 14
A day before the 75th day of independence, the world famous Indian investor Rakesh Jhunjhunwala passed away today morning in Mumbai.
The veteran investor was taken to Breach Candy Hospital in Mumbai for treatment where he was declared brought dead at 6.45am.
He was 62 and having multiple health issues for last few years. He had a cardiac failure today as consequence of kidney problem.
Widely acclaimed as the bull of Indian investment markets, Rakesh Jhunjhunwala owned wealth worth 5.5 billion dollar, one of the richest man of the country.
He founded Akasa Airs, which launched it’s services a week ago. In the decade of 80s he ventured into the investment world with Rs 5000 and now his investment business alone, has reached Rs 11000 rupees.
Rakesh Jhunjhunwala was dubbed as “Warren Buffett” of India” because of his stockbroking and investment talent.
Condolences are pouring in from across the country to remember this magical man of the investment world.
Prime minister Narendra Modi also condoled the death of Rakesh Jhunjhunwala, calling him a man of indomitable spirit.
