Indian billionaire Mukesh Ambani recently faced a substantial financial setback, losing over Rs. 160 billion in just 24 hours due to a 2% decline in Reliance Industries’ stock during a volatile trading session. This drop affected his ranking on the Bloomberg Billionaires Index, pushing him to 15th place with a net worth of $102 billion. Prior to this, Ambani had made high-profile purchases, including a Boeing 737 private jet for $150 million and a Rolls Royce Cullinan SUV valued at $1.3 million.

In contrast, Gautam Adani’s fortune rose by $266 million, placing him 18th globally. Meanwhile, Elon Musk remains the wealthiest person in the world with $241 billion, followed by Jeff Bezos at $211 billion.

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