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India’s ‘Warren Buffett’ Rakesh Jhunjhunwala Dies At 62

writen by : Quick insurance guru

14 August 2022

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Billionaire businessman and Veteran investor Rakesh Jhunjhunwala passed away in the wee hours of Sunday.

According to media reports, Rakesh Jhunjhunwala was died at around 6.45  am on 14th August, 2022 after he suffered a massive heart attack.

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India’s ‘Warren Buffett’ Rakesh Jhunjhunwala, He was rushed to hospital. However, doctors confirmed that he was brought dead to the hospital.

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Rajesh Jhunjhunwala had kidney-related ailments. His health got  deteriorated for sometime. He was admitted to hospital few weeks ago and  later got discharged.

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He suffered cardiac arrest today morning at his Mumbai residence. The  investor community is in deep shock over the sudden demise of Rakesh  Jhunjhunwala.

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He is survived by wife Rekha Jhunjhunwala and three children. PM  Narendra Modi expressed his condolences over Jhunjhunwala’s demise.

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Rakesh is often referred as the ‘Warren Buffett of India’. He is also  called as ‘Big Bull’. He was known for picking up multi-baggers.