Mumbai: Billionaire investor Rakesh Jhunjhunwala passes away

Mumbai, Aug 14: Billionaire business magnate, stock trader, and investor Rakesh Jhunjhunwala passed away at the age of 62 on Sunday morning. Rakesh was brought dead to the Breach Candy Hospital in Mumbai at 6.45 am say witnesses.

Jhunjhunwala was discharged from the hospital two-three weeks ago.

Rakesh Jhunjhunwala recently ventured into the aviation industry with Akasa Air which took flight on August 7. Jhunjhunwala, apart from being an investor, was the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. He was also among the directors of several Indian firms. He was also an advisor to the India's International Movement to Unite Nations.

Prime Minister Narendra Modi expressed his sorrow at the demise of 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," he tweeted.


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Comment on this article

  • Daniel, Mangalore

    Sun, Aug 14 2022

    RIP. Bill Gates and communist chinese (virus) vaccines make other nations billionaires worthless ? and he (bill gates) rakes billions more in vaccines? his own vaccine he and his children did not take is the question ?

    DisAgree [5] Agree [6] Reply Report Abuse

  • Rajesh, Mangalore

    Sun, Aug 14 2022

    Politicians die doesnt matter. . But a business man dies its a loss for the nation.

    DisAgree [2] Agree [16] Reply Report Abuse

  • Jamal, Mangalore/UAE

    Sun, Aug 14 2022

    Too early to depart. May god place you in high esteem.

    DisAgree Agree [9] Reply Report Abuse

  • Lancy Suares, Jacribettu/Bantwal/Vashi, Navi Mumbai

    Sun, Aug 14 2022

    Sad news. One of the intelligent and daring businessman of India. He made so much of wealth and went to other world empty handed. Hope his family members will make use of his wealth in helping poor and needy people so that he will be remembered forever for his good deeds. May his soul rest in peace.

    DisAgree [5] Agree [23] Reply Report Abuse

  • George Dsouza, Brahmavara / Mumbai

    Sun, Aug 14 2022

    Heart felt condolences to Jujhunwala family members. May his soul receive eternal peace. OM SHANTI

    DisAgree [1] Agree [11] Reply Report Abuse

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