Billionaire Rakesh Jhunjhunwala passes away at age 62


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Rakesh Jhunjhunwala, Indian billionaire business magnate, stock trader and investor, has passed away at age 62, according to media reports. Born on July 5, 1960, Jhunjhunwala grew up in a Rajasthani family, in Bombay, where his father worked as a Commissioner of Income Tax. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.