Rakesh Jhunjhunwala, prime broker-investor and founder of the recently-launched Akasa Air, handed away in Mumbai on Sunday (August 14) morning. A Chartered Accountant by qualification and coaching, he was 62 and is survived by his spouse Rekha and two kids. Often referred to because the `King of Bulls` within the inventory markets, Jhunjhunwala`s newest enterprise Akasa Air`s maiden flight took off precisely every week in the past on August 7, final Sunday. He had additionally shot into the limelight for his palace-like new residence arising at Malabar Hill in south Mumbai, and had been on the board of a number of prime firms.
PM Narendra Modi ship condolences to his household through a tweet: “Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world,” Modi mentioned in a tweet. “He (Jhunjhunwala) was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti,” the prime minister mentioned.
Cricketers too took to Twitter to condole his passing away. First of the tweets got here from former India batter Virender Sehwag who mentioned that Jhujhunwala’s death brings an finish to an period.Â
Check out the tweet beneath:Â
End of an Era because the Big Bull of the Dalal Street , #RakeshJhunjhunwala passes away.
Condolences to his household and family members. Om Shanti _ pic.twitter.com/3OrVSzU2Ty— Virender Sehwag (@virendersehwag) August 14, 2022
