Mukesh Ambani loses Rs 16,800 crore in 24 hours – Check his current net worth and know how Gautam Adani added Rs 2235 crore to his wealth😬😬😬
Mukesh Ambani, India's business mogul, experienced a massive financial setback when his net worth plummeted by ₹16,000 crore in just one day . This significant loss was triggered by a 2% drop in Reliance Industries' stock price during a volatile trading session . As a result, Ambani's ranking on the Bloomberg Billionaires Index slipped to 15th position, with his net worth decreasing to $102 billion .
Interestingly, this financial blow came shortly after Ambani made some high-profile purchases, including a luxury Boeing 737 private jet worth $150 million and a Rolls Royce Cullinan SUV valued at $1.3 million . Meanwhile, fellow Indian tycoon Gautam Adani saw his wealth grow by $266 million, boosting him to 18th place on the global rich list .
It's worth noting that Ambani's loss is not an isolated incident. The billionaire landscape is constantly shifting, with fortunes rising and falling rapidly. In fact, tech giants Elon Musk and Jeff Bezos remain at the top of the wealth ladder, with net worths of $241 billion and $211 billion, respectively .
Key Factors Contributing to Ambani's Loss:
- _Volatility in Reliance Industries' stock price_
- _High-profile purchases_
- _Shifting billionaire landscape_
