Mukesh Ambani Loses Rs. 160 Billion in 24 Hours, Slips to 15th on Bloomberg Billionaires Index 🚨🚨

In a striking turn of events, Mukesh Ambani, one of India's wealthiest individuals, suffered a staggering financial loss of over Rs. 160 billion in just 24 hours. This drop was triggered by a 2% decline in the share price of Reliance Industries, causing his global ranking on the Bloomberg Billionaires Index to fall to 15th, with a net worth of $102 billion.

This financial setback comes on the heels of Ambani's recent high-profile purchases, including a luxury Boeing 737 private jet for approximately $150 million and a Rolls Royce Cullinan SUV valued at $1.3 million.

Meanwhile, fellow billionaire Gautam Adani saw his fortune rise by $266 million, moving him to 18th on the global wealth leaderboard. At the top remains Elon Musk with $241 billion, followed closely by Jeff Bezos at $211 billion.

This dramatic shift in fortunes underscores the volatile nature of wealth in the stock markets, where small percentage changes can lead to significant financial impacts.

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