Indian Famous Investor Rakesh Jhunjhunwala Dies at Age 62.

Indian Billionaire-Investor Rakesh Jhunjhunwala Dies at 62

Billionaire investor Rakesh Jhunjhunwala, locally known as India’s Warren Buffett

[{"selector":"#anim-a3d288db-640c-4af7-a914-7888f3d640ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4daad31f-370a-4aa2-a30f-8cea005c087e","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-becd4c3d-534d-4fbf-90c6-2234ccf5c617 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

The veteran stock market investor was a self-made trader, and invested in several established businesses and startups, including the country’s newest airline Akasa Air

[{"selector":"#anim-546b8add-8600-41bc-b403-9af185b03965 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-a8a6cba3-3283-401e-94e6-aa9bab308397","keyframes":{"transform":["translate3d(114.46153%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbaafd71-b8c0-4516-8ed5-fc68534a3ba5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1788fa1a-5f04-4385-874c-ed66a10314f7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Jhunjhunwala, known as “Big Bull” in India

[{"selector":"#anim-02ad28b5-6fbc-489e-ae45-b309d8652b47 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(11.281249765056128%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-3a4f1574-27e1-4c30-a2ee-765609a87f1d","keyframes":{"transform":["translate3d(113.23076%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-52e2776a-d3df-4773-9e23-dd732b01f85c","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

Berkshire Hathaway Inc. Chairman and Chief Executive Officer Warren Buffett was one of his role models.

[{"selector":"#anim-91da6c4d-af0c-46ca-b6db-a63be1977910 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(37.29913087581931%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-ab5f8a03-6960-4bd0-854a-edb399854fd3","keyframes":{"transform":["translate3d(-111.69231%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-cd479137-7030-40b3-987c-05862d992eb0","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

Prime Minister Narendra Modi said the investor was “indomitable” and left behind “an indelible contribution to the financial world.”

[{"selector":"#anim-48f58b48-5f25-420a-b96e-1873fc56f928 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(17.187499895922404%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-9a07037f-9416-41c0-9ad9-c03886a19d88","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

India’s Finance Minister Nirmala Sitharaman said in a Twitter post that Jhunjhunwala was a “bold risk taker,”

[{"selector":"#anim-c5eb11dd-be79-462b-8391-185bec8470c5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.395833305447145%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-4554bd88-7a3f-4ddf-8105-3974a6066034","keyframes":[{"transform":"rotate(-540deg) scale(0.1)","opacity":0},{"transform":"none","opacity":1}],"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both","iterations":1}]

Amazingly sharp in understanding financial markets.

[{"selector":"#anim-599f311e-e788-489a-a05d-1222e761945c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-29769999-fdbb-48b0-a362-d7a2579b8898","keyframes":[{"offset":0,"transform":"translate3d(0, -326.27318%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -91.748018216%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -31.191716008000004%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -11.713207162000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -5.0898616080000005%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}]