Rakesh jhunjhunwala health

A man takes a picture of a poster paying homage to veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala in Mumbai, India, on Sunday. Jhunjhunwala, died at the age of 62. Rafiq Maqbool/AP NEW DELHI — Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India's own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported. He was 62. Prime Minister Narendra Modi led the tributes for the business magnate, who had an estimated net worth of $5.8 billion, according to Forbes. "Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," Modi tweeted, and also expressed his condolences to Jhunjhunwala's family. His cause of death has not yet been released, although he was said to be suffering from various health issues, local media reported. Jhunjhunwala, a chartered accountant from the northern state of Rajasthan, began investing in the stock market while he was still in college, starting off with capital of just 5,000 rupees ($63). He went on to establish and manage RARE Enterprises, an asset management firm. As his net worth steadily rose, he became one of India's richest men with investments in some of the country's biggest companies. In his latest venture, he helped launched the low-cost Akasa Air, which took its first flight last week. Jhunjhunwala was seen at the launch in a wheelchair, local media reported. The airl...

• • • • Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage a stock trading firm, RARE Enterprises. “Rakesh-ji passed away surrounded by his family and close aides,” a family member told Reuters, using a term for respect. The cause of death was not immediately announced. The promoter of India’s newest airline, the ultra low-cost Akasa Air, Jhunjhunwala appeared days ago at its public launch. He is survived by his wife and three children. An ambulance leaves the Breach Candy hospital carrying Rakesh Jhunjhunwala in Mumbai on August 14, 2022. AFP via Getty Images Jhunjhunwala’s excellent communication skills helped small investors understand the stock market, said businessmen and bankers based in India’s financial capital, Mumbai, who had interacted with him for over 30 years. His insights on the economy and companies made him a popular TV celebrity. Jhunjhunwala’s bets include a number of companies run by Tata Group, one of India’s largest conglomerates. These include Tata Motors, watchmaker Titan, Tata Communicationsand Indian Hotels Co, which runs the Taj hotels. Other investments include Indiabulls Housing Finance, Star Health Insuranceand Federal Bank. Media cameras are seen outside the Breach Candy hospital where Ra...

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“This post is being widely shared. At the last stage of his life Rakesh gave the most valuable and profitable investment advice ever. It’s advice that is worth billions and the best part is, it requires investing your time, not your money,” Mahindra wrote along with a screenshot of an old interview published by The Economic Times. In 2012, Rakesh Jhunjhunwala claimed that a 50-year-old man’s life was constrained due to alcohol, smoking, lack of exercise and poor dietary habits. But the antidote of such a poor lifestyle is again the ability to make the right choices well in time. By the late 20s or mid-30s, the following changes can help increase life expectancy in the long run:

In an unfortunate news, billionaire veteran investor and the Big Bull of Dalal Street Rakesh Jhunjhunwala has passed away at the age of 62 in Mumbai. The ace investor, whose latest venture was low-cost airline Akasa Air, was facing multiple health issues, including kidney ailments. Expressing his condolences, Prime Minister Narendra Modi said 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," the Prime Minister tweets. The Big Bill of Dalal Street had a net worth of over $5.8 billion. His latest venture was Akasa Air, an airline company aimed at providing affordable services to passengers. The airline started its commercial flights operations last week on August 7, 2022. Jhunjhunwala breathed his last at Breach Candy Hospital in Mumbai. He was often referred to as an investor with the Midas touch. He was charted accountant by profession and had studied B.Com from the Institute of Charted Accountants of India, University of Mumbai. The billionaire investor is survived by his wife Rekha Jhunjhunwala and three children. Jhunjhunwala's trading strategies were often admired and followed by both retail as well as institutional investors in India. In his family portfolio, Jhunjhunwala held total of 34 stocks with a combined value of around Rs 31,952 crore....