Rakesh Jhunjhunwala on his worst investment: 'I would encourage all to invest the most in that'

At the last stage of his life Rakesh gave the most valuable and profitable investment advice ever

Days after the death of billionaire investor Rakesh Jhunjhunwala on August 14, a quote on his worst investment has gone viral on social media. The quote is a part of an interview the 62-year-old had with Economic Times.

When asked about his best investment which he would encourage others to consider as well, the ace investor had told the publication, "My worst investment has been my health. I would encourage everybody to invest the most in that."

The quote was also shared by industrialist Anand Mahindra. "This post is being widely shared. At the last stage of his life Rakesh gave the most valuable and profitable investment advice ever. It’s advice that is worth billions and the best part is, it requires investing your time, not your money," he tweeted.

This post is being widely shared. At the last stage of his life Rakesh gave the most valuable and profitable investment advice ever. It’s advice that is worth billions and the best part is, it requires investing your time, not your money. #SundayThoughts pic.twitter.com/s1tXX5UTGQ

— anand mahindra (@anandmahindra) August 21, 2022

Rakesh Jhunjhunwala, had died on August 14 because of a kidney ailment. He was worth $5 billion and is survived by his wife, two sons and a daughter.

The ace investor had also been suffering from ischemic heart disease. Also, an interview that he had done with CNBC TV-18 days before his death had sparked concern on social media about this health.

'Regardless of the global developments, the Indian market will grow, but at a slower pace,' says ace investor Rakesh Jhunjhunwala.@ShereenBhan #cnbctv18market #stockmarket #stockmarketindia pic.twitter.com/8Vta15SYSi

— CNBC-TV18 (@CNBCTV18News) August 8, 2022

Read more: Ratan Tata says Rakesh Jhunjhunwala will be remembered for his understanding of stock exchanges

Jhunjhunwala's death was mourned by the entire business community including Prime Minister Narendra Modi who called him "indomitable" and "full of life".

"Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," the Prime Minister had tweeted.

Read more: What Rakesh Jhunjhunwala said about being called ‘India’s Warren Buffett’