Mukesh Ambani the top most businessman in India and also the Chairman of Reliance Industries Ltd (RIL) has lost a total of $13.5 billion. His net worth was $90 billion but now has been reduced to $76.5 billion. Also, Mukesh Ambani is no longer among top 10 richest billionaires in the world. The RIL chief has made it to the 11th position in the list of richest people in the world. Jeff Bezos with net worth of $186 billion, Elon Musk with $160 billion, Bill Gates with a total of $131 million, Bernard Arnault with $110 billion and Mark Zukerberg with $101 billion net worth are the top 5 richest personalities in the world.
This year Mukesh Ambani’s RIL shares witnessed extreme volatility. During March of this year, RIL shares hit a 52-week low of Rs 878 apiece, and zoomed to a record high of Rs 2,368.80 in September, rising 170 per cent. Now from an all-time high, RIL shares are off 16 per cent in over three months. Reliance Industries Ltd share price ended at Rs 1,943.80 apiece on Thursday. However, on a year-to-date (YTD) basis, RIL shares have surged 28.12 per cent.