Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62

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Reuters

By Rupam Jain and M. Sriram MUMBAI (Reuters) -India’s best-known stock investor Rakesh Jhunjhunwala, dubbed the country’s Warren Buffett, died on Sunday, prompting an outpouring of tributes for a self-made billionaire whose fortunes rose with the country’s economy. Jhunjhunwala died at the age of 62, a week after the launch of his budget airline, Akasa Air. He had looked and sounded frail promoting the carrier. The cause of his death was not immediately known. He is survived by his wife, whom he used to call his only client, and three children. He leaves stakes in around three dozen Indian com…

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