Veteran investor Rakesh Jonghunwala has passed away on Sunday morning. Investor with Midas’ touch was dubbed “The Warren Buffet of India”.
According to sources, the investor was brought to Candy Breach Hospital at 6:45 am in morning announced dead. They said he had multiple health problems including kidney disease and was discharged from hospital a few weeks ago.
Both a merchant and a chartered accountant and one of richer men in country, was last I have seen in public At the launch of Akasa Air.
It was Jhunjhunwala also president of Hungama Media and Aptech, as well as a director of Viceroy Hotels, Concord Biotech, Provogue India and Geojit Financial Services.
When was Jhunjhunwala in college, he’s starting to get wet in Inventory market. Join the institute of Chartered Accountants of India, but after graduation, he decided to dive headfirst into Dalal Street. Jhunjhunwala invested Rs 5000 in capital in 1985. This capital grew to Rs 11,000 crore by September 2018.
after hearing it father stock discussion market with Jhunjhunwala’s friends became interested in He. She. Jhunjhunwala quotes him father by saying that he should Read newspapers on a regular basis because news was what caused Inventory market fluctuate. while his father let him work in Inventory marketrefused to submit financial Forbidding him to use his friends for moneybased on reports.
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