Rakesh Jhunjhunwala was an Indian billionaire investor, business magnate, and stock trader. Rakesh grew up in a Rajasthani family in Mumbai. There his father worked as a commissioner of income tax.
According to reports, his estimated net worth is $5.5 billion. Rakesh became India’s 36th richest person. In the same year 2022, Rakesh founded Akash Air which is a low-cost airline.
What was the cause of Rakesh Jhunjhunwala’s death?
Billionaire investor Rakesh Jhunjhunwala died at the age of 62 on Sunday, 14 August 2022 at 6:30 am. Rakesh had to sell something on Sunday morning, after which he was admitted to Breach Candy Hospital in Mumbai.
But around 6:30 in the morning, the doctors announced his death. Doctors told that Rakesh was suffering from kidney-related problems and acute multiple organ failure.
Prime Minister Modi tweeted and wrote that Rakesh Jhunjhunwala was good and witty behavior. He contributed a lot to the progress of the country. His death is very sad.
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
Anguished to learn about the passing away of Rakesh Jhunjhunwala Ji. His vast experience and understanding of the stock market have inspired countless investors. He will always be remembered for his bullish outlook. My deepest condolences to his family. Om Shanti Shanti.
— Amit Shah (@AmitShah) August 14, 2022
This is Gold as ever #RakeshJhunjhunwala #Markets pic.twitter.com/WgT8VjdRBt
— Siddarth Pai (@siddarthpaim) August 14, 2022
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