Money Magnet’ Rakesh Jhunjhunwala, who was known as the Warren Buffet of India, passed away

Money Magnet’ Rakesh Jhunjhunwala, who was known as the Warren Buffet of India, passed away.Businessman Rakesh Jhunjunawala (62) suffered from multi-organ failure and passed away at Breach Candy Hospital in Mumbai.Money Magnet’ Rakesh Jhunjhunwala, who was known as the Warren Buffet of India, passed away

Mumbai: Businessman Rakesh Jhunjunawala (62) suffered from multiple organ failures. He breathed his last today at 6:30 am at Breach Candy Hospital, Mumbai.

India will miss him but we will never forget him: Gautam Adani

Extremely saddened by the untimely passing away of the most legendary investor that India has had. Shri Jhunjhunwala inspired an entire generation to believe in our equity markets with his brilliant views. We will miss him. India will miss him but we will never forget him,tweets Gautam Adani

Anguished to learn about the passing away of Rakesh Jhunjhunwala: Amit Shah

 His vast experience and understanding of the stock market have inspired countless investors. He will always be remembered for his bullish outlook. My deepest condolences to his family. Om Shanti Shanti, tweets Union Home Minister  Amit Shah

End of an Era as the Big Bull of the Dalal Street: Virender Sehwag

RakeshJhunjhunwala passes away. Condolences to his family and loved ones. Om Shanti, tweets former cricketer Virender Sehwag

PM Modi condoles death of Rakesh Jhunjhunwala

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:  PM Narendra Modi on demise Rakesh Jhunjhunwala

He started his share trading at Rs 5,000 and had a net worth of 5.8 billion dollars (about Rs 4 lakh crore). He was known as the ‘Big Bull’ of the stock market.

He had recently started Aakash Airlines along with former Jet Airways CEO Dubey and former IndiGo chief Aditya Ghosh. Jhunjhunwala was born on July 5, 1960 in a Rajasthani family in Mumbai. His father was a Commissioner of Income Tax. Rakesh graduated from Sydenham College and later joined the Institute of Chartered Accountants of India.