(Image source from: Livemint.com)
Rakesh Jhunjhunwala's Stock Holdings Kept At Scanner:- Indian billionaire businessman Rakesh Jhunjhunwala passed away at the age of 62 on the early hours of Sunday. He is now kept at a spotlight after his 44 billion worth stocks held by the investor are under scanner. Rakesh Jhunjhunwala is called as the Warren Buffett of the country and he passed away due to cardiac arrest. He is a self-made investor and he was on the board for several Indian firms. He is also one among the most influential persons in stock market. There are talks that Rakesh Jhunjhunwala was also a great contributor for the growth of the Indian economy.
Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti. pic.twitter.com/DR2uIiiUb7
— Narendra Modi (@narendramodi) August 14, 2022
Rakesh Jhunjhunwala also invested in Titan Co which is called as his profitable investment. His wife Rekha is making more than one third of their portfolio. Rakesh Jhunjhunwala is also holding stocks more than 10 percent in Star Health & Allied Insurance Co, Metro Brands Ltd and Tata Motors Ltd. There are now debates going on about his investments and his earnings. Indian Prime Minister Narendra Modi himself revealed about the impact of Rakesh Jhunjhunwala in the investing community. "Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti" posted Modi after his demise.