Latest News
- No Transactions Without Biometrics
- Passenger Caught With Pure Cocaine From Europe
- The Elderly Man Was Not Insulted By Me
- 97% Of MEW Workforce Are Kuwaitis; Strength 34,417
- Rushing Home For 'iftar' Causes Accidents And Deaths
- Expect Hot Days, Cool Nights, And Thunderstorms In Kuwait
- Health Procedures For Expatriates Updated
- Kuwait's Agility Global Seeks Inclusion On Abu Dhabi's ADX
- Public Authority For Industry Completes Industry Law Amendment P...
- Indian Ambassador Hosts Ramadan Celebration In Kuwait
- Al-Mashaan Grants Authority For Transfers Of Municipal Departmen...
- For The Expansion Of The Subiya Site, 204.178 Million Dinars And...
The Big Bull Of Indian Stock Market Rakesh Jhunjhunwala Passes Away
Rakesh Jhunjhunwala, a multibillionaire businessman and seasoned investor, passed suddenly on Sunday morning. Rakesh Jhunjhunwala reportedly passed away at roughly 6.45 am on August 14, 2022, from a major heart attack, according to sources in the media.
Rajesh Jhunjhunwala had issues with his kidneys. His health had been declining for some time. He was admitted to the hospital a few weeks ago and then released. He had a heart arrest this morning at his home in Mumbai. The tragic death of Rakesh Jhunjhunwala has left the investing community in profound shock. His three children and wife, Rekha Jhunjhunwala, survive him.
Narendra Modi, the prime minister, offered his sympathies on Jhunjhunwala's passing. A hospital was dispatched to treat him. Doctors did, however, confirm that he was transported to the hospital dead. Indian stock market "Big Bull" and billionaire investor Rakesh Jhunjhunwala passed away on Sunday at the age of 62, according to the media. Akasa's promoter, Jhunjhunwala, made an appearance at its public premiere a few days ago. His wife and three kids are left behind.
"Rakesh Jhunjhunwala was unstoppable," the Indian prime minister said on Twitter. "A man full of life, witty, and perceptive, he leaves the financial world with a contribution. Additionally, he had a strong love for India's development. We are saddened by his departure.
My sympathies to his family and supporters, Modi concluded by chanting the peace mantra "Om Shanti." Son of an income tax officer, the self-made businessman is survived by his wife, Rekha, and three children.
For the past two days, the ace investor had been ill. He served as an example of wealth development for millions of others. He was one of the few market participants who could manage both the trading and investing worlds with ease. Realistic expectations were emphasized by the seasoned trader/investor.
He has previously stated in conversations with the media that anyone who can achieve a portfolio return of 18 or 21% is on par with kings or emperors. Many people refer to Rakesh as the "Warren Buffett of India." He also goes by the name "Big Bull." He had a reputation for finding multiple baggers. Through his company Rare Enterprises, he conducted his stock trading and investments.
Â
Trending News
-
MoI Urges Biometric Fingerprinting Compliance Ahea...
21 March 2024
-
5 Days Holiday For Eid Al-Fitr Begins On April 9th
25 March 2024
-
Over 120,000 Expat Offenders Will Benefit From Kuw...
14 March 2024
-
Kuwait Offering Amnesty To Illegal Expats
17 March 2024
-
From April 1 To July 1, Kuwait Grants Amnesty To V...
14 March 2024
-
Sponsorship Requirements In Kuwait: Time To Embrac...
13 March 2024
-
Kuwaiti Banks Elevate Non-Resident Credit To 4.17...
18 March 2024
-
Central Bank Of Kuwait Provides Banks With New Ba...
20 March 2024
-
Banks In Kuwait Report Robust Profits Despite The...
21 March 2024
-
Kuwait's Clean Energy Journey: Progress And Challe...
23 March 2024
Comments Post Comment