Ambani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd gained 10%. The jump put Ambani about $3.2 billion ahead of China’s Jack Ma, according to the Bloomberg Billionaires Index.
Tag: Bloomberg Billionaires Index
Coronavirus: World’s richest near $1tn wipeout
As pandemic fears and plunging oil prices sent markets into a nosedive, the world’s 500 richest people collectively lost $331 billion on Thursday, the biggest one-day drop in the eight-year history of the Bloomberg Billionaires Index. That pushed the group’s year-to-date losses to $950 billion.