Indian investor Rakesh Jhunjhunwala has been declared dead by Indian prime minister Narendra Modi in a tweet. Buffet whose net Worth has been very high has been having health issues as reported by CNN.
Known as the “Oracle of Omaha,” Warren Buffett is one of the most prosperous once stores of all time.
Buffett has been operating Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
The son of a U.S. congressman, he first purchased the stock at age 11 and initially filed taxes at age 13. He vowed to donate over 99% of his wealth. So far he had given more than $48 billion, mostly to the Gates Foundation and his kids’ foundations.
In 2010, he and Bill Gates launched the Giving Pledge, asking billions to commit to donating at least half of their wealth to charitable causes.
Indian prime minister while mourning the investor posted
,’ Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers,’
He is said to have died after kidney failure. His prosperity was large because of stock trading. He has left behind a wife and three children.
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