Veteran Investor Rakesh Jhunjhunwala Dies At 62

Ace investor Rakesh Jhunjhunwala, also known as Big Bull of Dalal Street, died in Mumbai on Sunday morning after suffering a cardiac arrest.

Jhunjhunwala, 62, was being treated for kidney-related ailments and was discharged from the hospital a few weeks ago.

Condoling Jhunjhunwala's death, PM Modi said the legendary investor "leaves behind an indelible contribution to the financial world." "Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," Modi wrote.

Jhunjhunwala was reported to have a net worth of around $5.5 billion, according to Forbes. Promoter of India's newest airline Akasa Air, he was seen in a wheelchair at the launch of Akasa Air recently amid murmurs of his ailing health.