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Rakesh Jhunjhunwala Passes Awat At 62

Popular trader-cum-investor, known as the Big Bull of Dalal Street, Rakesh Jhunjhunwala passes away.

He reportedly have a net worth of around $5.8 billion and had launched his own airlines as well.

Condoling his death, 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."

Rakesh Jhunjhunwala was rushed to the Breach Candy Hospital in Mumbai at around 6.45 am after he suffered a cardiac arrest. He was declared dead on arrival by the hospital authorities.

Apparently, he was having several health issues and had been discharged from a hospital recently.

Jhunjhunwala began investing with ₹ 5,000 in 1985.

Rakesh Jhunjhunwala was also dubbed as "India's Warren Buffett" who was mostly bullish about the country's stock market.

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