Indian Billionaire-Investor Rakesh Jhunjhunwala Dies at 62

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

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

Jhunjhunwala, known as “Big Bull” in India

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

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

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

Amazingly sharp in understanding financial markets.