India’s richest businessman Mukesh Ambani has been given a big blow by his company Reliance Industries in Monday’s business. The huge fall in RIL shares has also affected Mukesh Ambani’s wealth. Ambani’s wealth has reduced by about Rs 48650 crore in one day. With this, he has returned to number 10 in the list of the rich around the world. On Monday, RIL shares saw a steep decline of around 9 per cent. The stock has declined after the second quarter results.
According to Bloomberg Billionaires Index, Mukesh Ambani’s total wealth now stands at about 5.3 lakh crores. In one day, his assets have decreased by about 653 million rupees or 48650 crores rupees. Talking about this year, Mukeya Ambani’s wealth has increased by 1250 million dollars or 93000 crore rupees. Which was around 1.4 lakh crores before yesterday. He is now ranked 10th on the Bloomberg Billionaire Index list.
On Monday, Reliance Industries shares saw a weakness of about 8.5 percent. With this weakness, the share price fell to Rs 1890. After the second quarter results, the company’s shares fell drastically. Due to this sale, the wealth of the investors of the company has come down by about Rs 1 lakh. RIL’s market capitalization capitalization on Friday was Rs 13,89,159.20 crore, which was down by about Rs 1.12 lakh crore to Rs 12,77,991.30 crore on Monday.
