These two giants of the country said goodbye, one earned the market and the other earned a name in the banking sector

According to Forbes, Jhunjhunwala’s net worth was $5.8 billion. According to the 2021 list of Forbes, he was the 36th richest person in India. Many times he was compared to the legendary American investor Warren Buffet. He was also called Big Bull.

Aug 14, 2022 | 2:53 PM

TV9 Bharatvarsh | Edited By: Ravikant Singh


Aug 14, 2022 | 2:53 PM




Rakesh Jhunjhunwala, a veteran stock market investor and known as the 'Warren Buffet of India', died of a heart attack on Sunday morning.  He was 62 years old.  His 'net worth' was $5.8 billion (Rs 46,000 crore).  A source in Jhunjhunwala's recently launched airline 'Akasa Air' said that Jhunjhunwala suffered a heart attack on Sunday morning.  He was immediately taken to Breach Candy Hospital but had passed away by the time he reached the hospital.  His last rites will be performed on Sunday evening after his brother's arrival from Dubai.

Rakesh Jhunjhunwala, a veteran stock market investor and known as the ‘Warren Buffet of India’, died of a heart attack on Sunday morning. He was 62 years old. His ‘net worth’ was $5.8 billion (Rs 46,000 crore). A source in Jhunjhunwala’s recently launched airline ‘Akasa Air’ said that Jhunjhunwala suffered a heart attack on Sunday morning. He was immediately taken to Breach Candy Hospital but had passed away by the time he reached the hospital. His last rites will be performed on Sunday evening after his brother’s arrival from Dubai.

Rakesh Jhunjhunwala has left behind his wife and three children.  He was keeping unwell for some time.  He had some problem with his kidney.  In his last public event, he came in a wheelchair.  According to Forbes, Jhunjhunwala's net worth was $5.8 billion.  According to the 2021 list of Forbes, he was the 36th richest person in India.  Many times he was compared to the legendary American investor Warren Buffet.  He was also called the 'Big Bull' of the Indian markets.

Rakesh Jhunjhunwala has left behind his wife and three children. He was keeping unwell for some time. He had some problem with his kidney. In his last public event, he came in a wheelchair. According to Forbes, Jhunjhunwala’s net worth was $5.8 billion. According to the 2021 list of Forbes, he was the 36th richest person in India. Many times he was compared to the legendary American investor Warren Buffet. He was also called the ‘Big Bull’ of the Indian markets.

Jhunjhunwala started investing in Indian stock markets during his college days with a capital of only Rs 5,000.  He recently started the country's new economical airline 'Akash Air' along with former Chief Executive Officer (CEO) of Jet Airways Vinay Dubey and former IndiGo chief Aditya Ghosh.  This airline started its operations a week back with a flight from Mumbai to Ahmedabad.  Jhunjhunwala, who was a Chartered Accountant (CA), instead of auditing the accounts of companies, chose the path of Dalal Path.  He started it in 1985 with a capital of Rs 5,000.

Jhunjhunwala started investing in Indian stock markets during his college days with a capital of only Rs 5,000. He recently started the country’s new economical airline ‘Akash Air’ along with former Chief Executive Officer (CEO) of Jet Airways Vinay Dubey and former IndiGo chief Aditya Ghosh. This airline started its operations a week back with a flight from Mumbai to Ahmedabad. Jhunjhunwala, who was a Chartered Accountant (CA), instead of auditing the accounts of companies, chose the path of Dalal Path. He started it in 1985 with a capital of Rs 5,000.

Rakesh Jhunjhunwala's portfolio includes Star Health, Titan, Rallis India, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies and Tata Motors.  He had investments in more than three dozen companies.  He had major stakes in companies like Titan, Star Health, Tata Motors and Metro Brands.  His 5.05 per cent stake in Titan alone is valued at Rs 11,000 crore.  His highest 23.37 percent stake is held by Aptech Ltd.  is in.  He holds 17.49 per cent in Star Health and Allied Insurance Company, 14.43 per cent in Metro Brands, NCC Ltd.  holds 2.62 per cent and Nazara Technologies holds 10.03 per cent

Rakesh Jhunjhunwala’s portfolio includes Star Health, Titan, Rallis India, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies and Tata Motors. He had investments in more than three dozen companies. He had major stakes in companies like Titan, Star Health, Tata Motors and Metro Brands. His 5.05 per cent stake in Titan alone is valued at Rs 11,000 crore. His highest 23.37 percent stake is held by Aptech Ltd. is in. He holds 17.49 per cent in Star Health and Allied Insurance Company, 14.43 per cent in Metro Brands, NCC Ltd. holds 2.62 per cent and Nazara Technologies holds 10.03 per cent

Rakesh Jhunjhunwala was the chairman of Hungama Media and Aptech.  He was also on the board of directors of several companies.  Jhunjhunwala was born on July 5, 1960 in a family of Rajasthan.  He grew up in Mumbai.  His father was the Commissioner of Income Tax in Mumbai.  He graduated from Sydenham College and later enrolled in ICAI.  Jhunjhunwala bought 5,000 shares of Tata Tea in 1986 at a price of Rs 43.  The stock reached Rs 143 in three months.  This was his first big profit.  In three years, he earned 20 to 25 lakh rupees.  The Sensex was at 150 points when Jhunjhunwala started investing in the stock markets.  Today the Sensex is present at the level of 59,000 points.

Rakesh Jhunjhunwala was the chairman of Hungama Media and Aptech. He was also on the board of directors of several companies. Jhunjhunwala was born on July 5, 1960 in a family of Rajasthan. He grew up in Mumbai. His father was the Commissioner of Income Tax in Mumbai. He graduated from Sydenham College and later enrolled in ICAI. Jhunjhunwala bought 5,000 shares of Tata Tea in 1986 at a price of Rs 43. The stock reached Rs 143 in three months. This was his first big profit. In three years, he earned 20 to 25 lakh rupees. The Sensex was at 150 points when Jhunjhunwala started investing in the stock markets. Today the Sensex is present at the level of 59,000 points.

On the other hand, Anshu Jain, former Co-Chief Executive Officer (CEO) of Deutsche Bank has passed away.  Jain born in India was 59 years old.  He was fighting cancer for the last five years.  Deutsche Bank said in a statement on Saturday, 'Our former co-CEO Anshu Jain passed away on Saturday morning.  He was suffering from serious illness.  Jain was suffering from duodenal cancer since 2017.  He played a big role in the growth of this German bank.  Jain died in London.  There he was living there for the last several years.

On the other hand, Anshu Jain, former Co-Chief Executive Officer (CEO) of Deutsche Bank has passed away. Jain born in India was 59 years old. He was fighting cancer for the last five years. Deutsche Bank said in a statement on Saturday, ‘Our former co-CEO Anshu Jain passed away on Saturday morning. He was suffering from serious illness. Jain was suffering from duodenal cancer since 2017. He played a big role in the growth of this German bank. Jain died in London. There he was living there for the last several years.

Anshu Jain's family members said that in the first four years after being diagnosed with cancer, Jain fought the disease strongly on the strength of his will.  Jain was born in Jaipur.  He did his MBA in Finance from the University of Massachusetts Amherst after earning a bachelor's degree in economics from Delhi University.  Zayn started his career in Wall Street with Merrill Lynch.  He was inducted into the board of management of Deutsche Bank in 2009.  From 2012 to 2015, he was the co-chief executive officer of the bank.

Anshu Jain’s family members said that in the first four years after being diagnosed with cancer, Jain fought the disease strongly on the strength of his will. Jain was born in Jaipur. He did his MBA in Finance from the University of Massachusetts Amherst after earning a bachelor’s degree in economics from Delhi University. Zayn started his career in Wall Street with Merrill Lynch. He was inducted into the board of management of Deutsche Bank in 2009. From 2012 to 2015, he was the co-chief executive officer of the bank.

Deutsche Bank CEO Christian Swing said, “Those who have worked with Jain will always remember his leadership. His dedication towards the bank is going to leave a deep impact on all of us. We express our deepest condolences to his wife, children and mother. After leaving Deutsche Bank, Jain joined global financial services company Cantor Fitzgerald in 2017 and was its chairman. Anshu Jain is survived by wife Geetika Jain and two children.






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