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Reading: Ace Investor Rakesh Jhunjhunwala Passes Away; PM Modi, Virender Sehwag And Others Mourn His Demise
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StockWaves > Business > Ace Investor Rakesh Jhunjhunwala Passes Away; PM Modi, Virender Sehwag And Others Mourn His Demise
Business

Ace Investor Rakesh Jhunjhunwala Passes Away; PM Modi, Virender Sehwag And Others Mourn His Demise

StockWaves By StockWaves Last updated: December 27, 2024 4 Min Read
Ace Investor Rakesh Jhunjhunwala Passes Away; PM Modi, Virender Sehwag And Others Mourn His Demise
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Rakesh Jhunjhunwala handed away on Sunday on the age of 62 after not preserving properly for days. He was admitted at The Breach Sweet Hospital in Mumbai, the place he breathed his final as we speak morning. The billionaire investor who was also called India’s Warren Buffet was a dealer and a chartered accountant. Jhunjhunwala was born Born on July 5, 1960, and grew up in a Rajasthani family in Bombay.

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Quickly after the information of his passing grew to become public, condolences for the household poured in from all around the nation. Prime Minister Narendra Modi expressed his condolence on Twitter, stating that Jhunjhunwala leaves behind an indelible contribution to the monetary world. Former India cricketer Virender Sehwag hailed the investor because the ‘huge bull of the dalal stareet’ and shared condolences to his household.

Rakesh Jhunjhunwala was indomitable. Vigorous, witty and insightful, he leaves behind an indelible contribution to the monetary world. He was additionally very keen about India’s progress. His passing away is saddening. My condolences to his household and admirers. Om Shanti. pic.twitter.com/DR2uIiiUb7
— Narendra Modi (@narendramodi) August 14, 2022

Finish of an Period because the Large Bull of the Dalal Avenue , #RakeshJhunjhunwala passes away.
Condolences to his household and family members. Om Shanti 🙏 pic.twitter.com/3OrVSzU2Ty
— Virender Sehwag (@virendersehwag) August 14, 2022

Jhunjhunwala was one of many richest males in India with price greater than $5.3 billion. He was additionally the 440th richest particular person on the planet in accordance with Forbes. Jhunjhunwala was additionally chairman of Hungama Media and Aptech, in addition to a director of Viceroy Accommodations, Harmony Biotech, Provogue India, and Geojit Monetary Companies. He additionally ran a privately-owned inventory buying and selling agency referred to as RARE Enterprises and just lately owned India’s latest airline Akasa Air.

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Anguished to study concerning the passing away of Rakesh Jhunjhunwala Ji. His huge expertise and understanding of the inventory market have impressed numerous traders. He’ll all the time be remembered for his bullish outlook. My deepest condolences to his household. Om Shanti Shanti.
— Amit Shah (@AmitShah) August 14, 2022

Deeply saddened by the sudden demise of outstanding investor & industrialist Rakesh Jhunjhunwala ji. He has left a legacy within the area of inventory broking & will stay an inspiration for generations of younger traders & entrepreneurs.
My condolences to the bereaved household.
Om Shanti! pic.twitter.com/f7rwSk4rfN
— Himanta Biswa Sarma (@himantabiswa) August 14, 2022

I’m saddened by the horrible information of the passing away of veteran investor, enterprise magnate and inventory dealer Shri Rakesh Jhunjhunwala this morning. Might the departed soul relaxation in everlasting peace and will Prabhu Ram give power to his relations and family members.
Om Shanti
— Jagat Prakash Nadda (@JPNadda) August 14, 2022

India’s huge bull Rakesh Jhunjhunwala handed away. RIP. Om shanti. 🙏 pic.twitter.com/C5J0jPIdyZ
— Sapna Singh (@EarnWithSapna) August 14, 2022

RIP Rakesh Jhunjhunwala. A dealer, investor and legend that impressed many. He performed the brief and lengthy facet, and made his peace with the market. He will probably be remembered fondly. Condolences to his household.
— Deepak Shenoy (@deepakshenoy) August 14, 2022

Cowl Picture: Twitter



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