Rakesh Jhunjhunwala Passes Away: Rakesh Jhunjhunwala, India’s legendary businessman and known as the ‘Big Bull’ of the stock market, passed away at the age of 62.He breathed his last today in Mumbai.He had been ill for a long time.He was last seen in public at the opening ceremony of Akasa Air.He had been ill for a long time | rakesh jhunjhunwala net worth, rakesh jhunjhunwala age, rakesh jhunjhunwala house, rakesh jhunjhunwala airlines
The 62-year-old business magnate is worth $5 billion. He is survived by his wife, two sons and a daughter.
Indian stock market was called ‘Big Bull’
Rakesh Jhunjhunwala airlines started investing in the stock market right from his college days.Once Jhunjhunwala told that initially he had invested $100.The special thing is that then the Sensex index was at 150 points, which is now trading at the level of 60 thousand.He was also called the Warren Buffett of the Indian stock market.According to Forbes, RakeshJhunjhunwala’s net worth was $5.8 billion yesterday
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. pic.twitter.com/DR2uIiiUb7
— Narendra Modi (@narendramodi) August 14, 2022
RakeshJhunjhunwala house was also the owner of his own stock trading company Rare Enterprises.Big Bull was the biggest investor in stocks like Titan, Star Health, Tata Motors and Metro brands.Condoling the demise of Big Bull, Prime Minister Narendra Modi wrote, ‘Rakesh-Jhunjhunwala was a funny and practical person.He has left behind an indelible contribution to the financial world.He was very enthusiastic about the progress of India.Deepest condolences to his family and fans.oh peace
Deepak Shenoy, CEO and Founder of Capitalmind wrote in a tweet, ‘A trade investor and great man who was a source of inspiration to many.He will always be remembered fondly.Deepest sympathies to his family.
“RakeshJhunjhunwala 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.
Junjhunwala was brought dead at Breach Candy hospital in Mumbai at 6:45 am on Sunday, according to TV channel CNN IBN. He was suffering from kidney disease and ischemic heart disease. The hospital certified that cardiac arrest was the cause of death.
“Shri RakeshJhunjhunwala 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. house ,
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The luxury goods company’s market capitalization was valued at Rs 2.20 trillion. Today, the majority of the shares in Rakesh Jhunjhunwala’s portfolio experienced a decline in trading following his unexpected passing on Sunday. rakesh jhunjhunwala house In early trading, Aptech Ltd and Star Health recorded a decrease of up to 5 percent.
Jhunjhunwala, commonly known as ‘India’s Warren Buffett,’ sadly passed away on Sunday morning from a cardiac arrest at the age of 62. He was a prominent investor with holdings in over thirty companies, including the esteemed Titan, a renowned watch and jewelry manufacturer that belongs to the Tata conglomerate. rakesh jhunjhunwala age
Rakesh Jhunjhunwala, born on 5th July 1960 and sadly passed away on 14th August 2022, was a highly successful and influential figure in the business world of India. He was widely recognized as a billionaire entrepreneur, renowned Chartered Accountant, skilled stock trader, and astute investor. Mr. Jhunjhunwala embarked on his investment journey in 1985, starting with a modest capital of ₹5,000. Just a year later, in 1986, he achieved his first significant financial gain, marking the beginning of his remarkable career.
“I don’t have good habits. I smoke like a chimney, drink like a fish, eat like a pig. I don’t exercise. So ya, my health worries me,” he once said in an interview with a tabloid in 2013.
