- Veteran stock market investor Rakesh Jhunjhunwala passed away on 14th August at the age of 62.
- Akasa Air – India’s newest budget carrier – was one of Rakesh Jhunjhunwala’s business ventures.
- The airline started commercial operations in August with the 1st flight from Mumbai to Ahmedabad.
- Jhunjhunwala, known as the Warren Buffett of India, was estimated to have a net worth of $5.8 billion. Jhunjhunwala started his journey in the stock markets while in college with a capital of just Rs.5,000.

Qns : Rakesh Jhunjhunwala passed away on 14th August 2022, Who was Rakesh Jhunjhunwala?
Ans : Rakesh Jhunjhunwala, known as the Warren Buffett of India, was estimated to have a net worth of $5.8 billion. Jhunjhunwala started his journey in the stock markets while in college with a capital of just Rs. 5000.