Reportedly, Rakesh Jhunjhunwala also planned his succession many years ago and so while markets may be in mourning on Tuesday, he had the wisdom and foresight to pre plan his vast investments.
Rakesh Jhunjhunwala, veteran investor, billionaire and the Big Bull of Indian markets died this morning. He was rushed to the Breach Candy Hospital, Mumbai after he suffered a cardiac arrest.
"Rakesh Jhunjhunwala, who sadly passed away this morning, will always be remembered for his acute understanding of the stock exchanges of India," Ratan Tata said.