Billionaire Rakesh Jhunjhunwala, nicknamed “The Warren Buffet of India”, died

The “Big Bull of Dalal Street” had a fortune estimated at 3.5 billion dollars.

Le Monde with AFP

Indian billionaire Rakesh Jhunjhunwala, nicknamed “The Warren Buffet of India” by local media, died, announced his office, Sunday August 14.

Recording the 62 -year -old man as “indomitable”, Prime Minister, Narendra Modi, echoed tributes from other senior officials, tweeting that the death of the magnate was “sad”. “Full of life, full of mind and insight, he leaves behind an indelible contribution to the world of finance,” said Modi.

Rakesh jhunjhunwala was indicated. Full of life, Witty and Insightful, He Leaves Behind an Indiable Contribution… https://t.co/atkydruhnc

– narendramodi (@narendra mod)

The “Big Bull of Dalal Street” (the Wall Street of Bombay) had an estimated fortune at $ 3.5 billion and held important participations in around thirty Indian star values. He had recently invested $ 35 million for an estimated 40 % participation in Akasa Air, which made his first flight on the very congested Indian aviation market on Sunday.

/Media reports.