Rakesh Jhunjhunwala, India's Warren Buffet dies at 62

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He was a chartered accountant by profession from the Rajasthan state of India.

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He started dabbling in stock in college and went on to manage a trading firm RARE

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He was also a promoter of India's newest airline - Akasa Airline.

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His bets include a number of companies run by TATA groups.

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His other investment include India Bulls Housing finance, Federal bank, Star health insurance, etc.

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The cause of his death was not immediately announced

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Major leaders and politicians mourned his death on social media

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