Indian billionaire Mukesh Ambani recently experienced a major financial loss, losing over Rs. 160,000,000,000 in just 24 hours due to a 2% drop in Reliance Industries’ share price during a turbulent trading session.

This significant drop impacted his position on the Bloomberg Billionaires Index, pushing him down to 15th place with a net worth of $102 billion. Just before this, Ambani had purchased a luxury Boeing 737 private jet for about $150 million and a Rolls Royce Cullinan SUV worth $1.3 million.

In contrast, Gautam Adani’s net worth increased by $266 million, placing him 18th globally. Elon Musk remains the world's richest person with $241 billion, followed by Jeff Bezos with $211 billion.

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