In a surprising turn of events, Mukesh Ambani, one of India’s wealthiest individuals and chairman of Reliance Industries, experienced a sharp financial dip. The company’s stock fell by approximately 2%, leading to a reduction in Ambani's net worth by around ₹16,000 crore. This setback pushed Ambani to 15th position on the Bloomberg Billionaires Index, with his net worth now estimated at $102 billion.

The decline follows Ambani’s recent high-profile acquisitions, including a luxury Boeing 737 jet worth $150 million and a Rolls Royce Cullinan SUV priced at $1.3 million.

Meanwhile, fellow Indian billionaire Gautam Adani gained $266 million, moving up to the 18th spot on the global rankings. Leading the list, Elon Musk boasts a staggering $241 billion, trailed by Jeff Bezos at $211 billion.

This event serves as a reminder of the swift shifts in fortunes within the billionaire world.

Stay tuned for more updates!

In a surprising turn, Mukesh Ambani, one of India’s richest, saw his net worth drop by a significant ₹16,000 crore after Reliance Industries’ stock fell by 2% during a volatile market session. This slide pushed Ambani down to 15th on the Bloomberg Billionaires Index, placing his net worth at $102 billion.
The financial hit came shortly after some of Ambani’s high-profile purchases, like a luxury Boeing 737 jet valued at $150 million and a Rolls Royce Cullinan SUV worth $1.3 million.
On the other hand, fellow Indian billionaire Gautam Adani gained $266 million, raising him to 18th place in the global rankings. Topping the list, Elon Musk holds a staggering $241 billion, followed by Jeff Bezos at $211 billion.
It’s a strong reminder of how swiftly fortunes can fluctuate in the billionaire world.
Stay tuned for more updates!
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