Who was Siddhartha Bhaiya? Aequitas MD dies of sudden cardiac arrest during vacation

Siddhartha Bhaiya, founder and chief executive of Aequitas Investment, passed away on December 31, 2025, following a sudden heart attack while on vacation with his family in New Zealand, according to the official company announcement dated January 2, 2026.

“It is with deep sadness that we share the news that our General Manager, Mr. Siddhartha Bhaiya, passed away on December 31, 2025, as a result of a sudden heart attack during a family holiday in New Zealand,” the company said in a statement.

Siddhartha Bhaiya was one of the rare voices calling for a correction when markets were at record highs in 2024. Bhaiya was also popular for making bold cash purchases.

In April 2025, amid US President Donald Trump’s fierce reciprocal tariffs, most people preferred to be fully invested in the markets as Siddhartha Bhaiya sat with almost 90% cash.

(This is a developing story. Please check back for updates.)