In an unfortunate event, a veteran stock market investor who has been not keeping well for quite some time breathed his last earlier today. Reports say that the ace investor passed away during the early hours of Saturday. After he complained of uneasiness, he was rushed to a nearby facility, but in vain.
Going into detail, ace investor Rakesh Jhunjhunwala who is 62 suffered a cardiac arrest around 6: 45 am today and the family members took him to the Breach Candy Hospital in Mumbai. Sadly, the doctors reportedly declared him dead after examining him. Condolence messages are pouring in for Rakesh Jhunjhunwala.
It has to be mentioned here that Rakesh Jhunjhunwala has been not keeping well and he recently underwent treatment for kidney-related issues. After his treatment, he was discharged. Sadly, he developed cardiac arrest earlier today and couldn't make it from the condition.
Condolences are pouring in for the stock market investor who also has the name of 'India's Warren Buffett' and the Big Bull for his aggressive approach to making investments. He invested in many companies including big companies like Tata and that's why he is called the Big Bull. Like how Bull is known for taking down everything that comes in its way, Rakesh Jhunjhunwala also invests in every company he likes.
â€œRakesh 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, "Indian Prime Minister Narendra Modi said on his Twitter condoling Rakesh Jhunjhunwala's death.
Rakesh Jhunjhunwala shot to super fame with his long and illustrious career in trading shares. He started trading at an early age and he is an inspiration to many youngsters and people who want to step into business. To spread his wings in various fields, he also started an aviation business titled Akasa Air, along with a few others.
The ace investor has a stunning net worth and he is dubbed as one of the richest people in the country. As of last year, Rakesh Jhunjhunwala has a whooping worth of Rs 19,277 crore. A leading financial firm listed him as one of the richest persons in the country.