In a shocking turn of events, Mukesh Ambani has witnessed his fortune take a massive hit, losing an eye-popping ₹170 billion in just a single day! This sharp decline follows a 2.5% drop in Reliance Industries' share price during a turbulent trading session, which has pushed Ambani down to the 16th position on the Bloomberg Billionaires Index. His net worth now stands at $101 billion.

This financial setback comes right after Ambani made several lavish purchases, including a private Boeing 737 worth $155 million and a Rolls Royce Cullinan SUV priced at $1.5 million—both emblematic of his opulent lifestyle.

Meanwhile, his closest competitor, Gautam Adani, saw his wealth rise by $280 million, securing his position as the 17th wealthiest person globally. At the top of the wealth rankings, Elon Musk still reigns supreme with a staggering $245 billion, followed by Jeff Bezos with a net worth of $215 billion.

This dramatic shift highlights the unpredictable nature of market-driven wealth, where fortunes can swing dramatically in a matter of hours. The big question remains—how will Ambani bounce back from this significant loss? Stay tuned to find out..

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