Billionaire Rakesh Jhunjhunwala, known as “India’s Warren Buffett” passed away in Mumbai on Sunday morning. He was 62.
He was not keeping well for the past few days and breathed his last today at Breach Candy Hospital in Mumbai, as per the hospital sources.A self-made trader, investor and businessman, Jhunjhunwala was the son of an income tax officer and is survived by his wife and three children.
Condoling the demise, Prime Minister Narendra Modi in a tweet said “Jhunjhunwala was indomitable”.
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