Business
Indian Billionaire Rakesh Jhunjhunwala dies at 62
Rakesh Jhunjhunwala, an investor in stocks who was called “India’s Warren Buffett” and was worth an estimated $6 billion, died early Sunday morning, his family said. He was 62 years old.
Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62.
Rakesh Jhunjhunwala, an investor in stocks who was called “India’s Warren Buffett” and was worth an estimated $6 billion, died early Sunday morning, his family said. He was 62 years old.
Jhunjhunwala is a chartered accountant by trade and hails from the state of Rajasthan in the Indian desert. He began playing in the stock market while he was still in college and went on to establish a stock trading firm called RARE Enterprises.
Rakesh died with his family and close friends around him,” a family member told FOX3, using a respectful term.
The reason of death was not reported immediately.
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