The uncrowned king of the stock market, Rakesh Jhunjhunwala passed away at Breach Candy Hospital
Veteran investor and stock market expert Rakesh Jhunjhunwala passed away in Mumbai on Sunday. His age was 62 years. It has been told that he was discharged from the hospital two to three weeks ago. He was admitted to the hospital due to health problems. His treatment was going on at Breach Candy Hospital in Mumbai, where he died at 6.45 am on Sunday. This has been confirmed by the hospital. Prime Minister Narendra Modi has also condoled the death of Rakesh Jhunjhunwala.
Some reports are claiming that Jhunjhunwala died due to cardiac arrest. Rakesh Jhunjhunwala was born on July 5, 1960 in Hyderabad, Telangana. He studied Chartered Accountant. About a week ago, Rakesh Jhunjhunwala also started his airline Akasa. The first plane of his Akasa Airlines took off from Mumbai to Ahmedabad on 7 August. He started this company along with aviation businessmen Aditya Ghosh and Vinay Dubey.
PM Modi expressed grief
On the death of Rakesh Jhunjhunwala, Prime Minister Narendra Modi tweeted a photo with him and wrote, ‘Rakesh Jhunjhunwala was an invincible man. He was full of life, cheerful and practical. In such a situation, he has left behind an indelible contribution to the financial world. He was also very combative for the development and progress of India. His death is saddened. My condolences to his family and fans. om Shanti.’
https://twitter.com/narendramodi/status/1558665063770505216?s=20&t=0ET_6lgJ6XjJaQ23XuLujg
Films were also produced
Rakesh Jhunjhunwala is called the uncrowned king of the Indian stock market. He had invested in many big companies. Apart from the stock market, he also tried his hand in the film sector. Since Rakesh Jhunjhunwala had an affinity for Bollywood, he also produced some films. On his behalf, English Vinglash, Shamitabh and Ki & Ka films were produced.
In 1999, Rakesh Jhunjhunwala, along with four other partners, started an online promotion company named Hungama Digital Media. He was also its chairman at this time. At the same time, according to experts, the death of Rakesh Jhunjhunwala is very sad for the Indian stock market. The investors of the country did not refrain from investing money on the shares mentioned by him. At the same time, he used to keep an eye on his portfolio as well.
