Big Bull of Dalal Street, Investor Rakesh Jhunjhunwala Dies At 62, Had Kidney Issues.
According to sources, the investor was brought to the Candy Breach Hospital at 6:45 AM in the morning and was declared dead. He was suffering from multiple health issues including kidney ailments and had been discharged from the hospital a few weeks ago, they said.
Rakesh Jhunjhunwala Net Worth : $5.8B
✔ Investor with a Midas touch, Rakesh Jhunjhunwala is often referred to as India's Warren Buffett.
✔ Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college.
✔ He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 60,000.
✔ His most valuable listed holding is watch and jewellery maker Titan, part of the Tata conglomerate.
✔ Jhunjhunwala's early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies listed in 2021.