Veteran Indian investor Rakesh Jhunjhunwala dies at 62
Headline from La Crosse Tribune
Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffet, died Sunday in Mumbai city, Press Trust of India news agency reported. He was 62. Prime
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Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffet, died Sunday in Mumbai city, Press Trust of India news agency reported. He was 62. Prime
Jhunjhunwala, a chartered accountant from the northern state of Rajasthan, began investing in the stock market while he was still in college, starting off with capital of just 5,000 rupees ($63).
Rakesh Jhunjhunwala, who built a fortune from an initial investment of €60, had reportedly been in ill health for some time. Until his death, he was a huge supporter of India's economic prospects.