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. Today, (Sunday morning), Billionaire investor Rakesh Jhunjhunwala died at the age of 62 on Sunday, 14 August 2022 at 6:30 am due to suffering from kidney-related problems and acute multiple organ failure.
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
What is Rakesh Jhunjhunwala Net Worth?
According to reports, Rakesh Jhunjhunwala Net Worth is $5.5 billion (estimated). Rakesh became India’s 36th richest person. In the same year 2022, Rakesh founded Akash Air which is a low-cost airline. Rakesh Jhunjhunwala was a member of the advisory board of the International Movement of India (I.I.M.U.N.).
Rakesh Jhunjhunwala started his career as an investor. He made his first profit of 5 lakhs in 1986. After that between 1986 and 1989 made a profit of about 25 lakhs. In 2021, Rakesh made the biggest investment of Rs 7,294.8 crore in Titan Company.
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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- Rakesh Jhunjhunwala died at the age of 62, what was the cause of Rakesh Jhunjhunwala’s death?
I’m Kuwarjeet Singh, a content writer in the entertainment industry with One year of experience at Chakminews. My writing covers topics like music, celebrity biography, and celebrity interviews. In my free time, I enjoy reading books and seen movies.