Big Bull Rakesh Jhunjhunwala has left a will which will provide direction and intent on his heirs and the handling of his colossal fortune hereafter.
Jhunjhunwala, whose fortune is believed to be worth approximately Rs 30,000 crore, had arranged to ensure his estate, including shares and property, is bequeathed to his wife and three children.
In fact, he would often speak about his fourth child - charity. A part of his fortune will thus definitely go towards his favorite charities.
Moreover, his long time legal associate Berjis Desai is reportedly the main executor of the will.
The will be read out in the presence of his family after all the Hindu rituals are completed.
Desai, who is ex-managing partner of J Sagar Associates, has known the value investor for close to 25 years.
This scotches speculation of all interlopers who were being perceived to be heirs to Jhunjhunwala's wealth.