Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffett, died in Mumbai Sunday morning.
A self-made trader, investor and businessman, he was also known as the 'Big Bull' of Dalal Street. As the news of his death came, condolences started pouring in from the political corner.
Prime Minister Narendra Modi, who met Jhunjhunwala and his wife last year, described him as indomitable, full of life, witty and insightful.
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
Finance Minister Sitharaman, fondly remembering several conversations with him said "...Jhunjhunwala was a leader in his own right".
Shri Rakesh Jhunjhunwala is no more. Investor, bold risk taker, masterly understanding of the stock market, clear in communication- a leader in his own right. Fondly remember several conversations we've had. Had strong belief in India's strength and capabilities. Condolences
Condoling Jhunjhunwala's death, Commerce & Consumer Affairs Minister Piyush Goyal said "...he was an inspiration for wealth creation for crores".
Deeply anguished at the demise of veteran investor Rakesh Jhunjhunwala. He was an inspiration for wealth creation for crores.
My heartfelt condolences to his family, friends and admirers. Om Shanti.Union Minister for Civil Aviation and Steel Jyotiraditya Scindia said "...he will be remembered for giving India its new airline AkasaAir".
Sh Rakesh Jhunjhunwala Ji was not only an astute businessman, but also passionately invested in India's growth story. He will be remembered for giving India its new airline @AkasaAir after more than a decade. My deepest condolences to his family & loved ones.
Lok Sabha Speaker Om Birla said he was pained to know that business magnate Jhunjhunwala, who promoted several premier enterprises, is no more.
Pained to know that business magnate Rakesh Jhunjhunwala, who promoted several premier enterprises, is no more. In his demise, we have lost a brilliant business mind and farsighted investor who possessed a unique vision for growth. May his soul attain the feet of Mahaprabhu.
Home Minister Amit Shah expressed anguish at the passing away of Jhunjhunwala.
Anguished to learn about the passing away of Rakesh Jhunjhunwala Ji. His vast experience and understanding of the stock market have inspired countless investors. He will always be remembered for his bullish outlook. My deepest condolences to his family. Om Shanti Shanti.
Defence Minister Rajnath Singh said he was shocked by the sudden demise of Jhunjhunwala.
Shocked by the sudden demise of seasoned Investor, Shri Rakesh Jhunjhunwala. He will be remembered for his contributions in business and industry. He was at the forefront of creating a culture of investing in Indian stock markets. Condolences to his family and many admirers.
Women and Child Development Minister Smriti Irani said she had lost her 'brother' with the passing away if Jhunjhunwala.
He was tenacious , he was tender , he was graceful, he was as my gentle giant . Bhaiyya always told me ‘ apan apne dam par jeyenge ‘ .. and he lived on his own terms ..
Minister for Road Transport and Highways Nitin Gadkari expressed sadness over the passing away of Jhujhunwala and said he had been the part of India's growth story and an inspiration to budding investors.
Saddened to hear the news about the demise of ace investor, trader & business magnate Mr. Rakesh Jhunjhunwala.
He has been the part of India's growth story and an inspiration to budding investors.
My heartfelt condolences to his family.
Om Shanti.Maharashtra Chief Minister Eknath Shinde and other leaders from the state on Sunday expressed condolences.
'India has lost a gem, who made a mark not just on the stock market but on the minds of almost every investor in India,' Shinde tweeted.
Very saddened to know about the passing of the veteran investor Shree Rakesh JhunJhunwala. India has lost a gem, who made a mark not just on the stock market but on the minds of almost every investor in india.#RakeshJhunjhunwala pic.twitter.com/QX4uvBx7hA
In a tweet, Shiv Sena leader Aaditya Thackeray said, 'Bidding adieu to the Big Bull of Dalal Street, Rakesh Jhunjhunwala ji.My heartfelt condolences are with his family and loved ones. Om Shanti.'
Bidding adieu to the Big Bull of Dalal Street, Rakesh Jhunjhunwala ji.
My heartfelt condolences are with his family and loved ones.
Om Shanti 🙏🏼Maharashtra Deputy Chief Minister Devendra Fadnavis said Jhunjhunwala's contribution to Indian industry and economic development will be remembered forever.
Saddened to know about the demise of Shri Rakesh Jhunjhunwala ji.
His contribution in Indian industry & economic development will be remembered forever.
Our deepest condolences to his family & admirers.
My humble tributes..
ॐ शान्ति🙏 pic.twitter.com/NFHQfd95GpRelated Coverage:
Rakesh Jhunjhunwala Dies At 62
Rakesh JhunJhunwala: An Optimist, Ace Investor And A Bull
Rakesh Jhunjhunwala's Top 5 Bets By Market Value
India Inc. Stalwarts Pay Homage To 'The Big Bull'
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