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Indian business magnate Rakesh Jhunjhunwala passes away at 62 due to cardiac arrest

He is survived by his wife, Rekha Jhunjhunwala, who is also an investor, and three children.
10:26 AM Aug 14, 2022 IST | APN Live
indian business magnate rakesh jhunjhunwala passes away at 62 due to cardiac arrest
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Indian business magnate Rakesh Jhunjhunwala passed away today at a Mumbai hospital. The 62-year-old billionaire died due to a cardiac arrest.

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Known as the Big Bull of India, Jhunjhunwala was the founder of the newest airline Akasa Air. He was rushed to the Breach Candy Hospital at around 6.45 am after he suffered a cardiac arrest, however, doctors declared him dead on arrival.

According to the reports, Jhunjhunwala was not keeping well for the past few days. He was discharged from the same hospital two-three weeks ago after being treated for kidney-related problems.

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He was also known as India’s Warren Buffett. He was reported to have a net worth of around $5.5 billion. He is survived by his wife, Rekha Jhunjhunwala, who is also an investor, and three children.

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