Veteran stock market investor Rakesh Jhunjhunwala dies in Mumbai

By Jessica On Aug 14, 2022

Mr. Jhunjhunwala had multiple health issues

Veteran equity market investor Rakesh Jhunjhunwala passed away on Sunday in Mumbai. He was 62.

Popularly known as the “big bull”, Mr. Jhunjhunwala had multiple health issues.

The reason for his sudden demise is yet to be know from family. Mr. Jhunjhunwala had investments in several Indian companies and had made a fortune in the last two decades. He was known as the “Indian Warren Buffet” for his investment skills.

Prime Minister Narendra Modi took to Twitter to pay tributes to Mr. Jhunjhunwala and offered condolences to his family.

“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,” PM Modi wrote.

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

More details are awaited.

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