Finance & economics | Death of the big bull

The investor whose ascent mirrored India’s

Rakesh Jhunjhunwala died on August 14th, aged 62

FILE PHOTO: Rakesh Jhunjhunwala, Partner, Rare Enterprises, poses after an interview with Reuters in Mumbai, India November 14, 2017. REUTERS/Shailesh Andrade/File Photo
|Mumbai

Financial big shots die all the time without making a stir. Occasionally, though, the death creates ripples because their approach to life mattered as much as their returns. So it was for Rakesh Jhunjhunwala, an investor and bull of a man, who inspired generations of Indian investors. On August 16th, in an unprecedented move, the Bombay Stock Exchange transformed its old trading floor into a prayer hall for Mr Jhunjhunwala, who died two days earlier, aged 62.

This article appeared in the Finance & economics section of the print edition under the headline “Death of a big bull”

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