mukesh ambani net worth, everyone kept doing Adani-Adani and Mukesh Ambani’s wealth was looted there, lost ₹ 4,95,28,20,00,000 and slipped in the list of rich – big down fall in mukesh ambani net worth, loose top 10 position
Mukesh Ambani lost so much wealth
Due to the fall in shares, there has been a big decline in Mukesh Ambani’s net worth. According to the Forbes Billionaire Index, Mukesh Ambani has reached number 13. Ambani, who was till now at number 8 in this list, has slipped to number 13. Mukesh Ambani’s net worth has dropped from $85 billion to $79.3 billion. His net worth has declined by $ 579 million on Friday. In the last five trading days, Mukesh Ambani fell from number 8 to number 13. His net worth has declined by about $ 6 billion i.e. Rs 4,95,28,20,00,000. On the other hand, shaken by Hindenburg’s attacks, Gautam Adani is slowly coming back. Today his net worth has reached $48.3 billion. He has climbed from number 37 to number 24 in the Forbes Billionaire Index.
Why Mukesh Ambani’s wealth decreased
Mukesh Ambani has suffered a major setback after the steep fall in Reliance shares. Recently, Reliance shares touched a 52-week low. Reliance’s stock had fallen to the level of Rs 2202.20. Reliance shares have fallen by 13 per cent within a year. The market cap of the company has fallen to 15 lakh crores. The company’s revenue per user is under a lot of pressure due to the fall in shares as well as the compulsion of Jio’s cheap plans. This has affected the shares of the company.
Adani kept shining here, Mukesh Ambani lost ₹ 1,06,96,76,40,000 in one stroke
