Friday, March 14, 2025

In just one day, Mukesh Ambani loses more than Rs 160,000,000,000.

Indian billionaire Mukesh Ambani suffered an important financial setback when he lost more than Rs. 160 billion in a single day. This happened following a difficult trading session in which his company’s share price, Reliance Industries, Ltd., fell by 2%.

Because of this, Ambani’s net worth of $102 billion dropped to 15th place on the Bloomberg Billionaires Index. Ambani recently made headlines when he spent almost $150 million on a private, luxurious Boeing 737 and $1.3 million on a Rolls Royce Cullinan SUV.

Gautam Adani, another Indian billionaire, had his wealth increase by $266 million, putting him in 18th position globally.

With a net worth of $241 billion, Elon Musk is still the richest person in the world, and Jeff Bezos is still in second place with $211 billion.

These billionaires’ unexpected shifts in luck serve as a reminder of the stock market’s volatility and how it may affect the most wealthy people. Even though Ambani is still one of the richest people in the world as a result of his loss, it serves as a reminder of how swiftly things can change.

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