On Budget Day, Mukesh Ambani’s wealth saw a decline of over $1 billion.
Although the stock market closed with a slight drop on the budget day, a huge drop was seen during the trading session. A huge drop was seen in some stocks, while a rise was also seen in some stocks. So there was a significant impact on the wealth of the biggest billionaires in the country. If we talk about Mukesh Ambani, he has caused a huge impact in terms of net worth. There has been a decrease of more than Rs 9200 crore in his wealth. On the other hand, the wealth of the second richest businessman in the country, Gautam Adani, has increased. Let us also tell you how much the wealth of other billionaires in the country has increased and how much it has decreased along with Ambani-Adani.
Mukesh Ambani’s wealth shrinks
In the past few days, there has been a huge decline in Mukesh Ambani’s wealth. On Budget day, it was expected that due to the rise in Reliance Industries shares, his wealth would also increase. But this was not seen. According to the data of Bloomberg Billionaires Index, Mukesh Ambani’s net worth has decreased by $1.1 billion i.e. more than Rs 9,200 crore. After which his total net worth came down to $112 billion. However, this year his wealth has increased by $16 billion. Mukesh Ambani is currently the 11th richest businessman in the world.
Lost $7 billion in 4 days.
By the way, Mukesh Ambani’s total net worth has declined by over $7 billion. On July 19, Mukesh Ambani’s total net worth was $119 billion. Which has now come down to $112. This means that during this period, Mukesh Ambani’s wealth has seen a decline of over Rs 58,000 crore in Indian rupee terms. A fall in the shares of Reliance Industries will also be seen on Wednesday. Mukesh Ambani’s wealth might also see a further decline in the coming days.
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Adani’s wealth rises
On the other hand, there is an increase in Gautam Adani’s wealth. According to the data of Bloomberg Billionaires Index, Gautam Adani’s net worth has seen an increase of $751 million i.e. Rs 63 crore. After which his total net worth rose to $102 billion. This year, an increase of $17.8 billion has been recorded. At present, Gautam Adani is the 14th richest businessman in the world.
On the other hand, the wealth of Shahpur Mystery, Shiv Nadar, Savitri Jindal, Dilip Sanghvi, Radhakishan Damani, Sunil Mittal, Cyrus Punawala, Uday Kotak, Nusli Wadia, Vikram Lal, Sudhir Mehta, Sameer Mehta, Benu Bangar, Rakesh Gangwal is also has been increasing.
