Rakesh JhunJhunwala passed away, he is a billionaire who is an investor and stock trader, today on 14 August 2022. He was born on 5 July 1960. He is the inspiration for many young people who are interested in the share market and investing.
JhunJhunwala is one of the main and most famous investors in the world and many people call him the Warren Buffet of India.
He recently founded Akasa Airlines which is said to be a low-cost airline in India.
Rakesh belongs to a Rajsthani family who lives in Mumbai and he is a CA by profession. He started trading in the share market in 1985 with an amount of 6k to 7k rs in hand. Now he has a net worth of $5 Billion.
Rakesh JhunJhunwala passed away at the Breach Candy Hospital, Delhi at 6.45 am today. It is said that he is admitted to the hospital due to kidney ailments1moneycontrol.
It is a big tragedy for the Indian economy and share market. He was a big contributor to the Indian economy. Our PM Sh. Narender Modi tweeted about the great loss and gave condolences to the family and admirers.
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
Let us take a look at his biography and see some of the information related to his life.
Biography
| Name | Rakesh JhunJhunwala |
| Date of Birth | 05 July 19602wikipedia |
| Birthplace | Hyderabad, Telangana |
| Qualification | Chartered Accountant |
| Father Name | Radheshyamji JhunJhunwala |
| Mother Name | Urmila JhunJhunwala |
| Wife Name | Rekha JhunJhunwala |
| Zodiac Sign | Cancer |
| Profession | Businessman, Investor, and Trader |
| Networth | More than $5 Billion |
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Rakesh Jhunjhunwala belongs to a Rajsthani family his father is an income tax officer and his mother is a housewife. He was the brother of Rajesh JhunJhunwala, Sudha Gupta, and Neena Sanganeria. Neena is the youngest among the four.
He married his wife on 22 February 1987. He was the father of three Nishhta and twin sons Aryaman and Aryaveer. Nishtha is the eldest amount the three.
He co-owns rare enterprises with his wife an asset management company. Rakesh JhunJhunwala is the 438th number on the forest billionaires list.
Rakesh JhunJhunwala Death Cause
Rakesh JhunJhunwala passed away due to diabetes and kidney-related problems at the Breach Candy Hospital3indianexpress.
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