Mukesh Ambani’s net worth drops 28% in two months

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Mukesh Ambani’s net worth drops 28% in two months

Apr 06, 2020 15:36 IST

The net worth of India’s richest man Mukesh Ambani dropped 28% or $19 billion to ₹48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. His global ranking declined eight places to 17th, the Hurun Global Rich List said. The Indian market has corrected by 25% in the last two months as the economic costs and impact of the Covid-19 pandemic on companies led to a sell off across the world.

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