Kathmandu. Rakesh Jhunjhunwala, the investor who was nicknamed 'Badshah' in the Indian stock market, has passed away. He passed away at the age of 62 at Breach Candy Hospital in Mumbai this morning. Jhunjhunwala also has shares in private companies like Star Health Insurance, Metro Brands and Concord Biotech.

He was born on 5 July 1960 in Mumbai. He started investing in the stock market from 1985. He was a chartered accountant by profession. Rakesh's initial investment in the stock market is 5,000 baht and his wealth is currently 6 billion dollars.