Radhakishan Damani to be the main trustee of Jhunjhunwala's investments

Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months

Radhakishan Damani, an ace investor, is expected to become the main trustee of the assets owned by Rakesh Jhunjhunwala. According to media reports, Jhunjhunwala, who died on August 14, considered Damani as his 'guru'. Along with Damani, Kalpraj Dharamshi and Amal Parikh will be the other two trustees.

According to Forbes, Damani will become the 48th richest person in India as his wealth is expected to touch $5.8 billion. His listed holdings value around Rs 30,000 crore at current prices. The 68-year-old will now have a final say in all his listed investments, said a  Moneycontrol report on Monday.

Rare