mukesh_ambani_cypto
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Mukesh Ambani recently suffered a significant financial loss, losing over ₹16,000 crore in just 24 hours due to a 2% drop in Reliance Industries' stock price during a volatile trading session ¹. This substantial loss has knocked Ambani down to 15th on the Bloomberg Billionaires Index, with his net worth now sitting at $102 billion ¹.
It's worth noting that this financial blow came shortly after Ambani made some high-profile purchases, including a luxury Boeing 737 private jet for $150 million and a Rolls Royce Cullinan SUV worth $1.3 million ¹. Meanwhile, fellow Indian tycoon Gautam Adani saw his wealth grow by $266 million, boosting him to 18th place on the global rich list ¹.
In other news, Ambani recently paid tribute to Ratan Tata, former head of India's biggest conglomerate Tata Group, who passed away on October 9, 2024 ². Ambani described Tata's passing as a huge loss not just for the Tata Group but for every Indian ².
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It's worth noting that this financial blow came shortly after Ambani made some high-profile purchases, including a luxury Boeing 737 private jet for $150 million and a Rolls Royce Cullinan SUV worth $1.3 million ¹. Meanwhile, fellow Indian tycoon Gautam Adani saw his wealth grow by $266 million, boosting him to 18th place on the global rich list ¹.
In other news, Ambani recently paid tribute to Ratan Tata, former head of India's biggest conglomerate Tata Group, who passed away on October 9, 2024 ². Ambani described Tata's passing as a huge loss not just for the Tata Group but for every Indian ².
Would you like to know more about Mukesh Ambani's business ventures or Reliance Industries' performance?$BTC $ETH $BNB #mukesh_ambani_cypto
Staggering Wealth Drop: Mukesh Ambani Loses ₹160 Billion in Just 24 Hours! 💥
In a jaw-dropping twist, Mukesh Ambani’s wealth took a massive hit, plummeting by ₹160 billion overnight after a mere 2% dip in Reliance Industries’ share price! This significant drop has seen him slide to 15th place on the Bloomberg Billionaires Index, leaving him with a net worth of $102 billion.
While Ambani’s fortune shrank, Gautam Adani made strides, gaining $266 million and climbing the ranks. At the top of the wealth ladder, Elon Musk maintains his lead with a staggering $241 billion, followed by Jeff Bezos, who holds strong with $211 billion. 🌍
This dramatic shift showcases the inherent volatility in global financial markets, where fortunes can rise or fall in the blink of an eye. 📉💸
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While Ambani’s fortune shrank, Gautam Adani made strides, gaining $266 million and climbing the ranks. At the top of the wealth ladder, Elon Musk maintains his lead with a staggering $241 billion, followed by Jeff Bezos, who holds strong with $211 billion. 🌍
This dramatic shift showcases the inherent volatility in global financial markets, where fortunes can rise or fall in the blink of an eye. 📉💸
$BTC
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Join Binance now and trade like a seasoned professional—because timing is crucial, whether you’re in crypto or the stock market.
🔄 $BNB Discover opportunities. Analyze trends. Make your mark. 📈 Trade on Binance, where fortunes are crafted every moment.
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Indian billionaire Mukesh Ambani has suffered a major setback as he lost over Rs 160000000000 within 24 hours.
According to Indian media outlets, the Indian capital market remained volatile throughout the trading session, leading to a decline of 2 percent in the share price of Reliance Industries, chaired by Ambani.
The fall in the share of the company resulted in a decline of over Rs 160000000000 (translating to $2 billion) in a single day.
#mukesh_ambani_cypto #MukeshAmbani #losses.
According to Indian media outlets, the Indian capital market remained volatile throughout the trading session, leading to a decline of 2 percent in the share price of Reliance Industries, chaired by Ambani.
The fall in the share of the company resulted in a decline of over Rs 160000000000 (translating to $2 billion) in a single day.
#mukesh_ambani_cypto #MukeshAmbani #losses.
Reliance Industries chairman Mukesh Ambani on Monday announced that the conglomerate's financial services division Jio Financial Services may also start offering blockchain-related products as well as digital rupee.
JFS products will not just compete with current industry benchmarks but also explore path-breaking features such as blockchain-based platforms and CBDC. They will adhere to the highest standards of security, regulatory norms and ensure protection of customer transaction data at all times," Ambani told shareholders at the company's AGM.
The RBI has devised the central bank digital currency (CBDC) known as e-rupee as a digital alternative to physical cash - using blockchain distributed-ledger technology. As of June 2023, there were 1.3 million customers and 0.3 million merchants using CBDC.
The RBI had last year begun experiments on both the wholesale and retail versions of e-rupee using the blockchain distributed-ledger technology, as an alternative to cash.
#MukeshAmbani #mukesh_ambani_cypto
#CryptoNewss #tata #ambani
JFS products will not just compete with current industry benchmarks but also explore path-breaking features such as blockchain-based platforms and CBDC. They will adhere to the highest standards of security, regulatory norms and ensure protection of customer transaction data at all times," Ambani told shareholders at the company's AGM.
The RBI has devised the central bank digital currency (CBDC) known as e-rupee as a digital alternative to physical cash - using blockchain distributed-ledger technology. As of June 2023, there were 1.3 million customers and 0.3 million merchants using CBDC.
The RBI had last year begun experiments on both the wholesale and retail versions of e-rupee using the blockchain distributed-ledger technology, as an alternative to cash.
#MukeshAmbani #mukesh_ambani_cypto
#CryptoNewss #tata #ambani