Indian billionaire Rakesh Jhunjhunwala passes away at the age of 62 in Mumbai due to the failure of multiorgan. Rakesh was not keeping well for the last few days. He was admitted to Breach Candy hospital and breathed his last today in the hospital. According to sources Rakesh was brought dead at Breach Candy hospital in Mumbai at 6.45 am on Sunday.
Rakesh Jhunjhunwala was the promoter of Akasa Air and Star health & allied insurance. Rakesh Jhunjhunwala was born on July 5, 1960. His father was an Income tax officer and posted in Mumbai. Rakesh Jhunjhunwala also grew up in Mumbai. He graduated from Sydenham college in 1985. And enrolled in the Institute of Chartered Accountants of India. Rakesh Jhunjhunwala is married to a stock market investor Rekha Jhunjhunwala. He has two sons and a daughter.
Rakesh Jhunjhunwala was reported to have a net worth of around $5.8 billion which makes him the 36th richest billionaire in India.
Prime minister Narendra Modi and finance minister Nirmala Sitaraman also tweeted about his demise.