In a dramatic turn of events, Mukesh Ambani, one of India’s wealthiest tycoons, faced a massive blow to his fortune as Reliance Industries' stock took a hit. Here’s what happened:

• ₹160 Billion Loss: Ambani's net worth dropped by over ₹160,000,000,000 due to a 2% decline in Reliance’s share price.

• Bloomberg Billionaires Index: This plunge pushed Ambani down to 15th place, leaving him with a revised fortune of $102 billion.

• Luxury Purchases: The loss came right after Ambani’s recent extravagant purchases:

Boeing 737 Private Jet worth $150 million ✈️

Rolls Royce Cullinan SUV priced at $1.3 million 🚙

Meanwhile...

• Gautam Adani's Net Worth Rises: Adani saw a gain of $266 million, securing his place as the 18th richest person globally.

• Elon Musk on Top: Musk remains the world’s richest with a staggering $241 billion, followed by Jeff Bezos at $211 billion.

🌍 Despite this setback, Ambani still stands among the wealthiest, proving that in the world of business, fortunes can shift in the blink of an eye!

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