List Of 5 High Profile Business Tycoons Whom India Lost In 2022

Mentioned below are the top 5 high profile business tycoons who lost their lives in 2022:

India is gradually moving from developing nation towards a developed nation. This is becoming possible due to the ongrowing business and industries. We have a number of business tycoons who have raised the standards of our society. However, this year India faced great loss with the demise of few of them.

  • Rakesh Jhunjhunwala

Born on July 5, 1960, Rakesh Jhunjhunwala was an Indian billionaire business magnate, stock trader, investor, and Chartered Account. He also founded Akasa Air. He is also referred to as “India’s Warren Buffett” or the “Big Bull of India”. He was known for his bullish looks and stock market predictions. His father, Radheshyam Jhunjhunwala, worked as an Income Tax Commissioner.

Jhunjhunwala was an active investor and sat on the board of directors of Prime Focus Limited, Bilcare Limited, Provogue, Innovasynth Technologies Limited, Praj Industries, Geojit Financial Services, Mid Day Multimedia Limited, Viceroy Hotels, Nagarjuna Construction Company, and Top Security Limited. Jhunjhunwala was the chairman of Hungama Digital Media Entertainment and Aptech.

  • Rahul Bajaj

Born on June 10, 1938, in Calcutta, Bengal Presidency, British India. He was an Indian Billionaire businessman. He was awarded the third-highest civilian award, the Padma Bhushan, in 2001. His grandfather, Jamnalal Bajaj, was an Indian independence fighter and a close associate of Mahatma Gandhi. In 1965, Bajaj took over the Bajaj Group. He led the split of Bajaj Auto into Bajaj Auto, Bajaj Finserv, and a holding company in 2008.

He became the chairman emeritus in March 2019. He was elected to India’s Upper House, the Rajya Sabha, for the 2006-2010 period. He was twice elected as the president of the Confederation of Indian Industry. For his outstanding work there, he was awarded the CII President’s Award for Lifetime Achievement in 2017 by the then-President of India, Pranab Mukherjee.

  • Jamshed Jiji Irani

Jamshed Jiji Irani was born on June 2, 1936. He was an Indian Industrialist who joined British Iron and Steel Research Association after being educated in Metallurgy. He retired as the director of Tata Steel in 2007. In June 1993, he joined the board of Tata Motors and served as the director of Tata Sons of India. The Government Of India appointed him as the chairman by the Government of India for the formation of the new Companies Act of India at the expert committee.

He was also the chairman of the Board of Governors at the Indian Institute of Management, Lucknow. In 1997 Queen Elizabeth II conferred Irani the honorary Knighthood. In 2007, the Government of India awarded him the Padma Bhushan. He was later appointed an International Fellow of the Royal Academy of Engineering in 1996.

Areez Piroshaw Khambatta

An Indian industrialist and philanthropist, Areez Pirojshaw Khambatta was known for being the founder of the iconic beverage brand Rasna. He was also the former chairman of Rasna foundation and Khambatta Benevolent Trust. He was born on September 22, 1937, in Karachi, Punjab Province, British India.

He started his journey with a company named Jaffe in 1976. He quit the company and joined the iconic home-grown beverage brand established by his father as an alternative to soft drinks. He was also actively involved in philanthropy and worked for the development of society through social service. Under him, the Khambatta Benevolent Trust and Rasna Foundation were involved in various projects related to education, health care, and scholarships for the benefit of thousands of people.

Vikram Kirloskar

Born in November 1958, Vikram Kirloskar was an MIT Engineer. He was the grandson of SL Kirloskar- the businessman instrumental in the rapid expansion of the Kirloskar Group. The Kirloskar group has stood as a major contributor to industrialization in India.

He joined his family business after graduating from MIT and started with Production Engineering and developed various processes and tools in his early years. The credit for bringing up Toyota’s Businesses in India is given to Kirloskar. His whole career has always been about engineering and manufacturing.