Billionaire investor Rakesh Jhunjhunwala, who passed away at the age of 62 on Sunday, was cremated at the Banganga Crematorium in Mumbai's Malabar Hill. Jhunjhunwala passed away after a sudden cardiac arrest, as per a doctor. He was suffering from chronic kidney disease and was on chronic dialysis, the doctor stated. He had also undergone an angioplasty recently.