Indian billionaire Mukesh Ambani experienced a significant financial setback, losing over ₹160 billion in just 24 hours. This was caused by a 2% drop in Reliance Industries’ share price during a volatile trading session.
As a result, Ambani’s ranking on the Bloomberg Billionaires Index fell to 15th, with his net worth now standing at $102 billion. Despite the loss, he recently acquired a luxury Boeing 737 private jet for $150 million and a Rolls Royce Cullinan SUV worth $1.3 million.
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Meanwhile, Gautam Adani saw his net worth rise by $266 million, elevating him to 18th place globally. This gain contrasts with Ambani’s losses in the same period.
At the top of the Bloomberg Billionaires Index, Elon Musk remains the wealthiest person in the world with $241 billion, followed by Jeff Bezos at $211 billion.
