Aug 14, 2022
By Angus Gillespie
Indian billionaire Rakesh Jhunjhunwala, often referred to as the Warren Buffett of India, died Sunday morning at age 62.
Jhunjhunwala had been battling health problems for quite some time.
Just last week he attended the launch of his budget airline, Akasa Air, where it was reported he looked very frail. Jhunjhunwala was well known for his smart investing techniques and was a big public supporter of Prime Minister Narendra Modi.
Jhunjhunwala is survived by his wife and three children. It’s believed he amassed a net worth of about $5.8 billion.