The Big Bull of Indian markets and a seasoned investor, Rakesh Jhunjhunwala was killed this morning. He experienced a heart arrest and was taken urgently to the Breach Candy Hospital in Mumbai.

Often referred to as India’s Warren Buffett, this $5.8 billion wealthier Warren Buffett has a number of health problems and was recently released from the same hospital after receiving treatment for kidney-related problems.

Many people were shocked by his abrupt demise, and many expressed their sympathies.

Vinay Dube, Founder and CEO at Akasa Air

We are deeply saddened by the untimely demise of Mr. Rakesh Jhunjhunwala this morning. Our thoughts and prayers are with Mr. Jhunjhunwala’s family and friends. May his soul rest in peace.

We at Akasa cannot thank Mr. Jhunjhunwala enough for being an early believer in us and putting his trust and faith in us to build a world-class airline. Mr. Jhunjhunwala had an invincible spirit, was deeply passionate about everything Indian and cared greatly for the well-being of our employees and customers. Akasa Air will honour Mr. Jhunjhunwala’s legacy, values and belief in us by striving to run a great airline.

All India Radio News

Veteran stock market investor #RakeshJhunjhunwala passed away in Mumbai this morning. He was 62. Known as India’s Warren Buffett, Jhunjhunwala wealth was pegged at 5.8 billion dollars. Jhunjhunwala started his journey in stock markets while still in college with a capital of just 5,000 rupees. Prime Minister Narendra Modi has expressed sadness on the passing away of business magnate, stock trader and investor Rakesh Jhunjhunwala.

Devendra Fadnavis

Saddened to know about the demise of Shri Rakesh Jhunjhunwala ji. His contribution in Indian industry & economic development will be remembered forever. Our deepest condolences to his family & admirers. My humble tributes.. ॐ शान्ति🙏 #RakeshJhunjhunwala

Aryan Jakhar

#RIP #RakeshJhunjhunwala, a legend who inspired many, a trader and investor. He made peace with the market by playing both the short and long sides. He will be remembered fondly. Condolences to his family. #IndiasWarrenBuffett #StockMarketKing #RakeshJhunjhunwala #Restinpeace

Gautam Adani, Chairperson of Adani Group expressing his grief over “untimely passing” of Rakesh Jhunjhunwala said, “India will miss him but we will never forget him”.

Finance Minister Nirmala Sitharaman

Shri Rakesh Jhunjhunwala is no more. Investor, bold risk taker, masterly understanding of the stock market, clear in communication- a leader in his own right. Fondly remember several conversations we’ve had. Had strong belief in India’s strength and capabilities. Condolences

 

The Shining Media

The Shining Media is an independent news website and channel, covering updates from the world of Politics, Entertainment, Sports, International, National, and a lot more.

By The Shining Media

The Shining Media is an independent news website and channel, covering updates from the world of Politics, Entertainment, Sports, International, National, and a lot more.

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