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

Yellow Star Yellow Star writen by : Quick insurance guru 14 August 2022

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

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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.

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