Indian billionaire investor Rakesh Jhunjhunwala, known locally as the country's Warren Buffett, has died. He was 62.
Indian billionaire stock investor Rakesh Jhunjhunwala, known as "India's Warren Buffett", died on Sunday at age 62, media said.
Register now for FREE unlimited access to Reuters.com My condolences to his family and admirers." "Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. Jhunjhunwala's bets include a number of companies run by Tata Group, one of India's largest conglomerates. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com
As of August, 2022, his net worth was $5.8 billion. He invested via his firm Rare Enterprises.
Chg(%) Chg(%) Price() Chg(%) Price() Chg(%) Price() Price() He tweeted, "Shocked by the sudden demise of seasoned Investor, Shri Rakesh Jhunjhunwala. He will be remembered for his contributions in business and industry. He was at the forefront of creating a culture of investing in Indian stock markets. He tweeted, "Shocked by the sudden demise of seasoned Investor, Shri Rakesh Jhunjhunwala. He will be remembered for his contributions in business and industry. My condolences to his family and admirers.
Veteran stock market investor Rakesh Jhunjhunwala, often referred to as India's 'Warren Buffett', died here Sunday morning.
My condolences to his family and admirers. My condolences to his family and admirers. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. My heartfelt condolences to his family, friends and admirers. His passing away is saddening. In three years, he earned Rs 20-25 lakh. His passing away is saddening. His 5.05 per cent holding in Titan alone is worth over Rs 11,000 crore. “He leaves behind an indelible contribution to the financial world. His portfolio included companies like Star Health, Rallis India, Escorts, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies and Tata Motors. The airline began commercial operations this month with its maiden flight from Mumbai to Ahmedabad. He was seen on a wheelchair at recent public events.
Rakesh Jhunjhunwala Death Live Updates: Ace investor Rakesh Jhunjhunwala, known as the 'Big Bull' of Dalal Street, has passed away at the age of 62, ...
Hadi Matar reportedly jumped up on the stage as Rushdie was about to give a speech at the Chautauqua Institution near the New York city, which holds arts programmes. He was both a trader and a chartered accountant, and one of the richest men in the country. He'll always be remembered for his bullish outlook.
Ace investor Rakesh Jhunjhunwala died this morning at a Mumbai hospital. He was 62. Rakesh Jhunjhunwala was rushed to the Breach Candy Hospital at around ...
He was also the chairman of Hungama Media and Aptech. Union Minister for Civil Aviation Jyotiraditya Scindia said he will be remembered for giving India its new airline Akasa Air after more than a decade. Titan, Star Health, Tata Motors and Metro Brands were some of his largest holdings.
Rakesh Jhunjhunwala, also known as 'the big bull' of Indian markets, has died at the age of 62.
Mr Bagga added that Jhunjhunwala had an infectious "optimism for India". That optimism was reflected in Jhunjhunwala's other famous nickname - the Big Bull of Dalal Street, a reference to the address of the Bombay Stock Exchange. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. My condolences to his family and admirers. A decade ago, he told Reuters in an interview that he didn't like being called "India's Warren Buffett", adding that the Berkshire Hathaway CEO was "far, far ahead" of him. He later set up Rare Enterprises - the name was coined from the first two letters of his name and that of his wife Rekha. He was also very passionate about India’s progress.
"Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," said PM Modi about Rakesh Jhunjhunwala.
My condolences to his family and admirers. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. OMG. Rakesh Jhunjhunwala ji was such a passionate patriot, financial genius with great sense of humour and a positive worldview. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. My condolences to his family and admirers. Ace investor, fondly known as the ‘Big Bull’, Rakesh Jhunjhunwala passed away at the age of 62 on Sunday morning.
Indian billionaire stock investor Rakesh Jhunjhunwala, known as “India's Warren Buffett,” died on Sunday at age 62, media said.
My condolences to his family and admirers.” Indian billionaire Rakesh Jhunjhunwala dies at 62 Back to video Indian billionaire Rakesh Jhunjhunwala dies at 62
Condoling Rakesh Jhunjhunwala's death, Prime Minister Narendra Modi said: 'His passing away is saddening. Full of life, witty and insightful, ...
Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. "Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. My condolences to his family and admirers. My condolences to his family and admirers." He was also very passionate about India’s progress.’
Lagatar24 Desk. New Delhi, Aug 14: Rakesh Jhunjhunwala, a billionaire business magnate, stock trader, and investor, died on Sunday morning at the age of 62.
My condolences to his family and admirers. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. 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. He was also very passionate about India’s progress. He also served as an adviser to India’s International Movement to Unite Nations.
A self-made trader, investor and businessman, India's own Warren Buffett was the son of an income tax officer and is survived by his wife and three ...
"He leaves behind an indelible contribution to the financial world. A chartered accountant by qualification, the legendary investor had not been keeping well for the last few months and was looking frail in a wheelchair at the public event. He is right. And he's always been right," Shenoy said. My condolences to his family and admirers. Jhunjhunwala could do a 'le phataphat, de phataphat' as a trader and even sit on a gem like Titan for ages.
In a major loss to the business world, billionaire business magnate and veteran investor Rakesh Jhunjhunwala passed away on Sunday morning.
Rakesh Jhunjhunwala recently co-founded Indian airline Akasa Air which took its first flight from Mumbai to Ahmedabad on August 7. In a major loss to the business world, billionaire business magnate and veteran investor Rakesh Jhunjhunwala breathed his last on Sunday morning. Jhunjhunwala, famously referred to as the "Big Bull of Dalal street" and "King of Bull Market" died at the age of 62.
Ace Indian billionaire and stock trader, Rakesh Jhunjhunwala, has passed away at age 62, as per the media reports.
My condolences to his family and admirers. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was popularly referred to as the “Big Bull of India” and the “King of Bull Market”, and was widely known for his stock market predictions and bullish outlooks.
Mumbai: Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet passed away at the age of 62. He was not keeping.
After graduating from Sydenham College in 1985, he enrolled at the Institute of Chartered Accountants of India and married Rekha Jhunjunwala, who is also a stock market investor. He was always bullish about India’s stock market and whatever stocks he purchased mostly turned into a multibagger. Mumbai: Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s own Warren Buffet passed away at the age of 62.
MUMBAI — Stock investor Rakesh Jhunjhunwala, dubbed India's Warren Buffett with an estimated net worth of $6 billion, died on Sunday morning at age 62, ...
My condolences to his family and admirers.” Article content Article content
Indian billionaire Rakesh Jhunjhunwala, sometimes called "India's Warren Buffett," died Sunday at age 62, according to Prime Minister Narendra Modi.
My condolences to his family and admirers. "Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world." His passing away is saddening.
MUMBAI — 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…
These include Tata Motors, watch maker Titan, Tata Communications and Indian Hotels Co, which runs the Taj hotels. Article content Article content
Rakesh Jhunjhunwala's shrewd stock picks had earned him a cult following and he remained bullish about the Indian stock market to the end.
At the same time, Jhunjhunwala was among the country’s notable philanthropists with a namesake foundation and said a couple of years ago that he wanted to give away 25% of his wealth within his lifetime. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. Jhunjhunwala preceded his guru in the billionaire ranks, which he joined for the first time in 2008. He was also an early backer of gaming firm Nazara Technologies and general insurer Star Health and Allied Insurance Company-both listed last year. Jhunjhunwala traded on his own account through his firm Rare Enterprises—a name coined from the first two letters of his name and that of his wife Rekha. Damani debuted on the Forbes World Billionaires’ list in 2017, the year when he took his hypermarket chain Avenue Supermarts public.
Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India's own Warren Buffett, died Sunday in Mumbai city, Press Trust of ...
The airline said it was “deeply saddened” by the news of his death. As his net worth steadily rose, he became one of India’s richest men with investments in some of the country’s biggest companies. Also called the “Big Bull” of the country's Bombay Stock Exchange, Jhunjhunwala was known for taking risks in the market and in his investments.
MUMBAI — 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…
These include Tata Motors, watch maker Titan, Tata Communications and Indian Hotels Co, which runs the Taj hotels. Article content Article content
Here are reactions to the death of billionaire investor Rakesh Jhunjhunwala, known as “India's Warren Buffett.”
This conviction led him to consistently make bold decisions throughout his life and career. “Rakesh Jhunjhunwala: my school and college mate. India will miss him but we will never forget him. Had strong belief in India’s strength and capabilities.” My condolences to his family and admirers. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world.
Billionaire investor Rakesh Jhunjhunwala, nicknamed “India's Warren Buffett” for his successful stock market bets, died Sunday at the age of 62, ...
Jhunjhunwala “believed stock India was undervalued. “Rakesh Jhunjhunwala was indomitable,” Indian Prime Minister Narendra Modi said. He was also very passionate about India’s progress.” A cause of death was not immediately available. Indian politicians and business leaders expressed their condolences over Jhunjhunwala’s death. He had an estimated net worth of $5.8 billion at the time of his death, according to Forbes, which called Jhunjhunwala an “investor with a Midas touch.” His latest venture, a low-cost airline called Akasa Air, began operating in India last week.
MUMBAI — 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…
My condolences to his family and admirers.” “We are deeply saddened,” Akasa Air, which Jhunjhunwala co-founded, said in a statement. These include Tata Motors, watch maker Titan, Tata Communications and Indian Hotels Co, which runs the Taj hotels.
NEW DELHI (AP) — Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India's own Warren Buffett, died Sunday in Mumbai city ...
The airline said it was “deeply saddened” by the news of his death. As his net worth steadily rose, he became one of India’s richest men with investments in some of the country’s biggest companies. Article content
Jhunjhunwala, a chartered accountant from the northern state of Rajasthan, began investing in the stock market while he was still in college, starting off ...
You may click on “Your Choices” below to learn about and use cookie management tools to limit use of cookies when you visit NPR’s sites. If you click “Agree and Continue” below, you acknowledge that your cookie choices in those tools will be respected and that you otherwise agree to the use of cookies on NPR’s sites. NPR’s sites use cookies, similar tracking and storage technologies, and information about the device you use to access our sites (together, “cookies”) to enhance your viewing, listening and user experience, personalize content, personalize messages from NPR’s sponsors, provide social media features, and analyze NPR’s traffic.
MUMBAI — India's best-known stock investor Rakesh Jhunjhunwala, dubbed the country's Warren Buffett, died on Sunday, prompting an outpouring of tributes for ...
He trebled his money within months. Article content Article content He is survived by his wife, whom he used to call his only client, and three children. The cause of his death was not immediately known. Article content
MUMBAI — 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…
My condolences to his family and admirers.” “We are deeply saddened,” Akasa Air, which Jhunjhunwala co-founded, said in a statement. These include Tata Motors, watch maker Titan, Tata Communications and Indian Hotels Co, which runs the Taj hotels.
Former accountant was the first Indian to become a billionaire through stock market investing.
Rakesh Jhunjhunwala, also known as "the big bull" of Indian markets, has died at the age of 62.
Mr Bagga added that Jhunjhunwala had an infectious "optimism for India". That optimism was reflected in Jhunjhunwala's other famous nickname - the Big Bull of Dalal Street, a reference to the address of the Bombay Stock Exchange. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. My condolences to his family and admirers. A decade ago, he told Reuters in an interview that he didn't like being called "India's Warren Buffett", adding that the Berkshire Hathaway CEO was "far, far ahead" of him. He later set up Rare Enterprises - the name was coined from the first two letters of his name and that of his wife Rekha. He was also very passionate about India’s progress.
Jhunjhunwala died on Sunday at the age of 62, a week after the launch of his budget airline, Akasa Air.
He leaves stakes in about three dozen Indian companies and a legacy of quoting one-liners like “the trend is your friend” and “the only rule I have is there are no rules”. I don’t want to do anything else in life,” Jhunjhunwala told the Reuters news agency 10 years ago. He trebled his money within months. The cause of his death was not immediately known. Jhunjhunwala died on Sunday at the age of 62, a week after the launch of his budget airline, Akasa Air. He had looked and sounded frail when promoting the carrier. Jhunjhunwala died on Sunday at the age of 62, a week after the launch of his budget airline, Akasa Air.