Rakesh Jhunjhunwala, Indian billionaire passes away at 62



Aug 14, 2022 10:15 am

Rakesh Jhunjhunwala, veteran investor passed away today at Breach Candy Hospital in Mumbai at 6:45 am. He was suffering from multiple health issues including kidney ailments and had been discharged from the hospital a few weeks ago.


Both a trader and a chartered accountant, and one of the richest men in the country, he was last seen in public at Akasa Air’s launch.

Jhunjhunwala was also chairman of Hungama Media and Aptech, as well as a director of Viceroy Hotels, Concord Biotech, Provogue India, and Geojit Financial Services.


Jhunjhunwala has successfully invested in Titan, CRISIL, Sesa Goa, Praj Industries, Aurobindo Pharma, and NCC over the years.