HomeBusinessRakesh Jhunjhunwala Left So Much Wealth For His Children, This Is His Entire Family

Rakesh Jhunjhunwala Left So Much Wealth For His Children, This Is His Entire Family

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Rakesh Jhunjhunwala, the Big Bull of Indian stock, has passed away. He was born on 5 July 1960 in Mumbai. Born in an average family, veteran investor Rakesh Jhunjhunwala was known as Big Bull in the business world. Recently, he promised the cheapest air travel by starting the Akasa airline.

Wife Rekha, the largest shareholder in Akasa

Rakesh Jhunjhunwala, known as the Warren Buffet of India, has left behind a vast business empire. He is survived by his wife Rekha Jhunjhunwala, daughter Nishtha Jhunjhunwala, son Aryaman Jhunjhulwala, and daughter Aryavir Jhunjhunwala. The total net worth of Rakesh Jhunjhunwala is about 40 thousand crores. Let us tell here that the most significant stake in his Akasa Air belongs to his wife, Rekha Jhunjhunwala. The total share of both is 45.97 per cent.

A wave of mourning in the business world

Rakesh Jhunjhunwala, who built an empire of just Rs 5,000 to Rs 40,000 crore, died in Mumbai on Sunday at 62. According to the report, he was admitted to Breach Candy Hospital, where he breathed his last at 6.45 am due to health issues. The news of his death caused a wave of mourning in the business world.

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Big Bull’s significant investment in these companies used to run a company named Jhunjhunwala Rare Enterprises. He has made considerable investments in many companies through his firm. These include companies like Titan, Tata Motors, Crisil, Aurobindo Pharma, Praj Industries, NCC, Aptech Limited, Ion Exchange, MCX, Fortis Healthcare, Lupine, VIP Industries, Geojit Financial Services, Rallis India, and Jubilant Life Sciences.

PM Modi expressed grief by tweeting.

According to the Billionaire list of Forbes, at present, Rakesh Jhunjhunwala is the 440th wealthiest person on the list of billionaires. Condoling his death, PM Modi wrote in a tweet, ‘Rakesh has left behind an indelible contribution to the financial world, full of life, witty and insightful Jhunjhunwala was very passionate about India’s progress. His passing is sad. My condolences to his family and fans. om Shanti.’

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Abhay Singh
Abhay Singh
Abhay Singh is Our Journalist at Spot News 18. He Loves to Gather News and Provide Authentic News to Our Readers. He Is very Passionated about his Work.

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