Rakesh Jhunjhunwala passed away at the age of 62

Rakesh Jhunjhunwala, India's veteran businessman and called the 'Big Bull' of the stock market, passed away at the age of 62.

He had been ill for a long time. He was last seen in public at the opening ceremony of Akasa Air.

Rakesh Jhunjhunwala started investing in the stock market right from his college days. Once he had invested $100.

His birthday was on 5th July last month. The news of his sudden demise has stunned the entire market.

It was said about Jhunjhunjhunwala that even if he touches the soil, it turns into gold.

Started the investment journey. From just Rs.5,000. Today his net worth was about 40 thousand crores.

Jhunjhunwala used to run a private trading firm named RARE Enterprises. He laid its foundation in 2003.

The first two words of this company 'RA' were in his name. At the same time, 'RE' is the initials of his wife Rekha's name.