India's Warren Buffett Rakesh Jhunjhunwala dies at the age of 62

 India's Veteran and Highly Successful Stock market Investor Mr.Rakesh Jhunjhunwala dies at the age of 62 at his Mumbai's residence. early morning of 14th August, Just day before the India's independence day  Mr.Rakesh Jhunjhunwala had cardiac arrest and within a few minutes he deceases when he reached to the nearest Breach Candy Hospital he declared as brought dead. He was having multiple health issue including Blood pressure and diabetes but the major one is kidney ailments a spoke person close to Aksa Airlines told to the media today morning.

Mr.Rakesh Jhunjhunwala was the founder of multiple firms including his own stock broking firm RaRe Enterprise this name is derived from first two initials of his own name and wife name ie; Rakesh and Rekha this was founded in 1992. he was also a Co-founder of recently debuted company in aviation space; Akasa Air an airline which was very close to Mr.Jhunjhunwala's heart but its a despondent that he is no more to see success of Akasa Air.

Most often he was called as Big bull or India's Warren Buffett as he made fortune of more then 50K Crores in his lifetime. according to the forbes a year back Mr.Jhunjhunwala had net worth of $5.8 billion which is more then 46,000 Crore indian rupees. he started his stock market journey with just a 5000 rupees during his college days and within a few years he converted this 5000 rupees to 11000 crore rupees and entered in to the forbes list of Richest people around the globe.

Talking about his early life he was born on 5th July 1960 in a Rajasthan's Marwari Family, he was brought up in Mumbai where his father was Commissioner of Income tax Department. he completed his graduation in Commerce from mumbai's Sydenham college and later become the Chartered Accountant but he was not interested in doing audits for other companies and choose the Indian share market path where he thoroughly undstood the stock market and started his trading journey.

Although he was one of the richest person but he was never seen in costly cut suit, his simplicity was at topmost where we have seen him multiple times wearing simple plain white shirt and an trouser. Most of his public appearances were very simple affairs to remember as this much simplicity we can rarely get to see in for any richest people in india or around the globe. 

with the sad demise of Mr.Rakesh Jhunjhunwala India looses its Veteran ace investor. i am expecting some great awards to be announced for him as his contribution to indian finance industry is remarkable and indian government should also recognize him with National award for his lifetime achievement