Rakesh Jhunjhunwala death live updates: Mortal remains of veteran investor brought to his Mumbai residence

Investor Rakesh Jhunjhunwala poses for a picture in his office in Mumbai (File Photo) (REUTERS)

Rakesh Jhunjhunwala has not been keeping well for the past few days and breathed his last today at Breach Candy Hospital in Mumbai, hospital sources said.

Rakesh Jhunjhunwala was born on 5 July 1960. He grew up in Mumbai.

The veteran stock investor was a self-made trader and invested in several established businesses and startups, including India’s newest airline, Akasa Air.

14 Aug 2022, 13:11:26 IST

Union Minister Smriti Irani paid tribute to stock market investor Rakesh Jhunjhunwala, who died on Sunday, saying she lost her brother.

Often referred to as the Warren Buffett of India, Jhunjhunwala died early this morning due to cardiac arrest. He was 62 years old.

“I lost my brother today… a relationship unknown to many. He is called a billionaire investor, the badshah of BSE… but what he really was… is and always will be… a dreamer” , he tweeted.

Aug 14, 2022, 12:15:06 IST

Akasa air will honor the legacy, values ​​and belief of Mr. Jhunjhunwala in us striving to run a big airline – Akasa Airlines

14 Aug 2022, 12:07:46 IST

Rakesh Jhunjhunwala’s first big profit came from these Tata Group shares

Ace investor with Midas touch Rakesh Jhunjhunwala died early Sunday morning due to cardiac arrest. The Big Bull of Dalal Street started investing in stocks with 5,000 and according to Forbes, Rakesh Jhunjhunwala’s net worth today is 5.8 billion.
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14 Aug 2022 12:06:00 IST

Shocked and saddened to hear about the death of Shri Rakesh Jhunjhunwala Ji: Pralhad Joshi

Shocked and saddened to learn of the death of Shri Rakesh Jhunjhunwala Ji.

He had always dreamed of a bright future for India. My condolences to his family, friends and admirers. Om Shanti.

14 Aug 2022, 11:53:48 IST

Rakesh Jhunjhunwala’s journey, share holdings and investment advice

Rakesh Jhunjhunwala, the Warren Buffet of India, or known as the Big Bull, is no more. He ruled the Indian stock market for decades, making smart investment decisions to build an empire of overvalued stocks. 40,000 million.
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14 Aug 2022, 11:40:52 IST

He was an inspiration for wealth creation for crores: Piyush Goyal

Deeply distressed by the demise of veteran investor Rakesh Jhunjhunwala. It was an inspiration for wealth creation for millions.

My deepest condolences to his family, friends and admirers. Om Shanti.

14 Aug 2022, 11:37:48 IST

An ace investor, his contributions to India’s capital markets are unmatched: Dharmendra Pradhan

Rakesh Jhunjhunwala ji was a man who was always optimistic about India. An ace investor, his contributions to India’s capital markets are unparalleled. His death is a terrible loss to the financial world. My sincere condolences to his family, friends and admirers. ॐ peace:

14 Aug 2022, 11:37:04 IST

My deepest condolences to his family, friends and colleagues: Priyanka Chaturvedi Shiv Sena MP

Saddened to hear of the death of Shri Rakesh Jhunjhunwala, few days after launching his budget airline, Akasa Airline.

He was not only optimistic about the stock market, but also about the nation.

My deepest condolences to his family, friends and colleagues.

14 Aug 2022, 11:30:04 IST

The great bull of Dalal Street leaves behind an inspiring legacy. Condolences to his family and friends: N Chandrababu Naidu President TDP

Deeply saddened by the death of Rakesh Jhunjhunwala Ji. A veteran investor and industrialist, his contribution to the Indian capital market was immense. The great bull of Dalal Street leaves behind an inspiring legacy. Condolences to his family and friends.

14 Aug 2022, 11:25:37 IST

May Prabhu Ram give strength to his family and loved ones: JP Nadda

I am saddened by the terrible news of the death of veteran investor, business tycoon and stock trader Shri Rakesh Jhunjhunwala this morning. May the departed soul rest in eternal peace and may Prabhu Ram give strength to his family and loved ones.

Om Shanti

14 Aug 2022, 11:24:47 IST

Such a humble and kind and warm-hearted man: ANDREW HOLLAND, CEO of AVENDUS CAPITAL ALTERNATIVE STRATEGIES

I only have the fondest memories of sitting in Geoffrey’s bar and talking about markets. Such a humble and nice, warm hearted man.

14 Aug 2022, 11:22:54 IST

Condolences to his family and many admirers: Defense Minister Rajnath Singh

Shocked by the sudden demise of seasoned investor, Shri Rakesh Jhunjhunwala. He will be remembered for his contributions to business and industry. He was at the forefront of creating an investment culture in Indian stock markets. Condolences to his family and many admirers.

14 Aug 2022, 11:11:59 IST

My deepest condolences to his family – Nitin Gadkari

Saddened to hear the news of the demise of the investor, trader and business tycoon, Mr. Rakesh Jhunjhunwala.

It has been part of India’s growth story and an inspiration to budding investors.

My deepest condolences to his family.

Om Shanti.

14 Aug 2022, 11:06:54 IST

Saddened to know about demise of Shri Rakesh Jhunjhunwala ji: Maharashtra Deputy CM Devendra Fadnavis

Saddened to hear about the demise of Shri Rakesh Jhunjhunwala ji.

His contribution to India’s industry and economic development will be remembered forever.

Our deepest condolences to his family and fans.

My humble tributes.

14 Aug 2022, 10:57:35 IST

Jhujhunwala will be remembered for giving India its new airline Akasa Air: Jyotiraditya Scindia

Rakesh Jhunjhunwala will be remembered for giving India its new airline Akasa Air after more than a decade, Aviation Minister Jyotiraditya Scindia said on Sunday as she condoled the demise of the ace investor.

14 Aug 2022, 10:49:54 IST

He had great faith in India’s strength and capabilities: FM Nirmala Sitharaman

Shri Rakesh Jhunjhunwala is no more. Investor, daring risk-taker, masterful understanding of the stock market, clear in communication – a leader in his own right. You fondly remember several conversations we had. He strongly believed in India’s strength and capabilities. condolence

14 Aug 2022, 10:36:29 IST

My condolences to the bereaved family. Om Shanti! : Assam CM Himanta Biswa Sarma

Deeply saddened by the sudden demise of prominent investor and industrialist Rakesh Jhunjhunwala ji. He has left a legacy in the world of securities brokerage and will continue to be an inspiration to generations of young investors and entrepreneurs.

My condolences to the bereaved family.

Om Shanti!

14 Aug 2022, 10:19:24 IST

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

Extremely saddened by the untimely death of India’s most legendary investor. 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

14 Aug 2022, 10:18:11 IST

Distress to learn of Rakesh Jhunjhunwala’s death: Amit Shah

Distressed to know the death of Rakesh Jhunjhunwala Ji. His extensive experience and understanding of the stock market have inspired countless investors. He will always be remembered for his optimistic outlook. My deepest condolences to his family. Om Shanti Shanti, tweets Union Home Minister Amit Shah

14 Aug 2022 09:59:44 IST

End of an era like the great bull of Dalal Street: Virender Sehwag

End of an era as the great bull of Dalal Street, #RakeshJhunjhunwala dies. Condolences to his family and loved ones. Om Shanti, tweets former cricketer Virender Sehwag

14 Aug 2022 09:53:36 IST

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 the progress of India. His disappearance is sad. My condolences to his family and fans. Om Shanti: PM Narendra Modi on death of Rakesh Jhunjhunwala

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PM Modi with Rakesh Jhunjhunwala (File Photo)

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!