Gautam Adani was the biggest loser on the last day of the week. According to the Bloomberg Billionaires Index, Adani’s net worth has decreased to $90 billion, but he has retained his position at 18th in the Index.
The Indian stock market witnessed a massive selloff on October 25, posing challenges for companies like the Adani Group and others. The chairman of the Adani Group, Gautam Adani, lost $352 billion, which is approximately Rs 296039877760.
Gautam Adani was the biggest loser on the last day of the week. According to the Bloomberg Billionaires Index, Adani’s net worth has decreased to $90 billion, but he has retained his position at 18th in the Index.
On the other hand, Reliance Industries Chairman Mukesh Ambani is also staring at an exit from the $100 billion club after the company’s shares dipped by 0.91% to Rs 2,655.45 on the last day of the week. He experienced a drop in his net worth of $97.7 crore but has retained his position at 17th place in the index, with a net worth of $100 billion.
Elon Musk tops the Bloomberg Billionaires Index with a net worth of $277 billion, making him the world’s richest person. He saw an increase in his net worth of $6.26 billion. Amazon’s Jeff Bezos is ranked second in the Index, with a net worth of $211 billion. Mark Zuckerberg holds third place in the Index, with a net worth of $203 billion.