In a jaw-dropping twist, Mukesh Ambani has seen his fortune plummet by a staggering Rs. 160 billion in just 24 hours! This dramatic loss follows a 2% drop in Reliance Industries’ share price during a turbulent trading session, pushing him down to 15th on the Bloomberg Billionaires Index, with a net worth now at $102 billion.
This financial hit comes hot on the heels of Ambani’s extravagant purchases, including a luxury Boeing 737 valued at $150 million and a Rolls Royce Cullinan SUV priced at $1.3 million—both symbols of his lavish lifestyle.
In contrast, his rival Gautam Adani enjoyed a gain of $266 million, now holding the 18th spot on the global wealth leaderboard. Meanwhile, Elon Musk remains at the pinnacle with a staggering $241 billion, followed closely by Jeff Bezos at $211 billion.
This striking shift underscores the volatility of wealth in the stock market, where fortunes can change in the blink of an eye. How will Ambani respond to this setback? Stay tuned!
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