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.
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