Jhunjhunwala, whose fortune is believed to be worth approximately Rs 30,000 crore, had arranged to ensure his estate, including shares and property, is bequeathed to his wife and three children. In fact, he would often speak about his fourth child - charity.
Ace investor and big bull of Dalal Street Rakesh Jhunjhunwala passed away today morning. He was 62. ,
Low-cost carrier Akasa Air, which is backed by Billionaire Rakesh Jhunjhunwala, has received a No Objection Certificate (NOC) from government to operate. Set to become India’s 7th airline, Akasa is expected to start operations by mid-2022.
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