The Big Bull of Dalal Street Rakesh Jhunjhunwala passed away on Sunday at the age of 62. He was declared dead at Mumbai’s Breach Candy Hospital around 6.45 am on Sunday.
The CEO of Rare Enterprises died early in the morning due to a cardiac arrest.
The ace investor had his share of problems, especially with health, as he struggled with diabetes that confined him to a wheelchair towards the fag end of his life.
PM Narendra Modi and Union Minister Amit Shah condoled the ace investor on Sunday.
“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.,” PM Modi tweeted.
“Anguished to learn about the passing away of Rakesh Jhunjhunwala Ji. His vast experience and understanding of the stock market have inspired countless investors. He will always be remembered for his bullish outlook. My deepest condolences to his family. Om Shanti Shanti,” Shah tweeted.
