Rakesh Jhunjhunwala, “India’s Warren Buffet”, dies at 62 ...Middle East

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MUMBAI: Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died on Sunday morning at age 62, media said.A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage a stock trading firm, RARE Enterprises.The cause of death was not immediately known.The promoter of India’s newest airline, the ultra low-cost Akasa Air, Jhunjhunwala appeared days ago at its public launch. He is survived by his wife and three children.Jhunjhunwala’s excellent communication skills helped small investors understand the stock market, said businessmen and bankers based

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