India’s 36th Richest Man Rakesh Jhunjhunwala Passes Away, PM Modi Expresses Condolences

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Indian billionaire business magnate, stock trader and investor Rakesh Jhunjhunwala (62) passed away on August 14 due to a kidney ailment.

Mr. Rakesh Jhunjhunwala, India’s 36th Richest man with assets worth $5.5 billion, was active in stock market, and was the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. He also sat on boards in Prime Focus Limited, Geojit Financial Services, and others. Business fraternity is mourning Jhunjhunwala’s demise.

Meanwhile, Upon the demise of stock market, business bull Rakesh Jhunjhunwala, PM Narendra Modi took to Twitter and condemned the loss. on August 14, PM Modi tweeted, “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.”

Stay tuned for further updates.

 

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