Forbes: Mukesh Ambani Loses $6.8 Billion Dollars After Reliance Stock Sinks 9% !

According to financial magazine Forbes, Mukesh Ambani has lost $6.8 billion dollars after his company Reliance Industries plunged 9% on weak quarterly earnings. The most valuable company in India sank to it’s lowest level in nearly 7 seven months causing India’s richest person to go from 5th to 9th richest in just 24 hours.

The total net worth of Mukesh Ambani sits at $78.3 billion dollars. The value of Reliance Industries stands at $88 billion dollars in revenue. The mega conglomerate holds strong stakes in industries such as oil, gas, retail, telecom, and other sectors.

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