Veteran investor Rakesh Jhunjhunwala passed away, was last seen here in public
Veteran investor Rakesh Jhunjhunwala has passed away. He was 62 years old. He was called the Warren Buffett of India.
Time to Read 2 Min
Veteran investor Rakesh Jhunjhunwala passed away. He was discharged from the hospital 2-3 weeks ago. He breathed his last in Mumbai on Sunday. He was ill for a very long time. Jhunjhunwala was last seen in public at the inauguration ceremony of Akasa Air.
Rakesh Jhunjhunwala is also called the Warren Buffett of India. Everyone is shocked by the news of his death. Let us tell you that the news of his death has come at a time when he has recently started his own airline named Akasa Air. Recently, Akasa had made its first flight.
Total stake in Akasa Air is 45.97 percent
Talking about veteran investor Rakesh Jhunjhunwala, he was called the Big Bull of the stock market. The biggest stake in Akasa Air belongs to Rakesh Jhunjhunwala and his wife Rekha. Both have a total share of 45.97 percent in it. People used to say about Jhunjhunjhunwala that he used to make gold even by touching the soil. 36 years ago Rakesh Jhunjhunwala started the journey of investing.
Rakesh Jhunjhunwala was a CA by profession
Many people want to know about Rakesh Jhunjhunwala's portfolio, how to choose stocks for investment and net worth. Let us tell you. CA Rakesh Jhunjhunwala was recognized worldwide by profession and he currently lived in Mumbai, the economic capital of India. There he breathed his last. But their roots were associated with Jhunjhunu district of Rajasthan. That's why his family uses the surname Jhunjhunwala in their name. His family is Marwari Agarwal Bania.
Rakesh Jhunjhunwala's family
Rakesh Jhunjhunwala Portfolio
Rakesh Jhunjhunwala started his trading career almost three decades ago with five thousand rupees. This was a time when the Sensex's score was only 150 points. According to the data available on NSE, Rakesh Jhunjhunwala's portfolio includes shares of 33 companies, whose current value is Rs 25,842 crore. According to Trendlyne, his portfolio includes Titan, Tata Motors, Star Health and Allied Insurance Company, Metro Brands, Nazara Technology, Federal Bank, DB Realty, Tata Communications along with many more.