Rakesh Jhunjhunwala Dies At 62, Had Multiple Ailments
According to sources, Rakhesh Jhunjhunwala was brought to the Candy Breach Hospital at 6:45 AM in the morning and was declared dead. Veteran investor Rakesh Jhunjhunwala passed away on Sunday morning.
After hearing his father discuss the stock market with his friends, Jhunjhunwala became interested in it.
Jhunjhunwala quoted his father as saying that he should read newspapers on a regular basis because the news was what caused the stock market to fluctuate.
While his father permitted him to dabble in the stock market, he refused to provide financial assistance and forbade him from asking friends for money, according to reports.
Jhunjhunwala was a risk-taker from the beginning.
Jhunjhunwala has successfully invested in Titan, CRISIL, Sesa Goa, Praj Industries, Aurobindo Pharma, and NCC over the years.