Kathmandu. The 4-day decline in the Indian stock market has come to a halt. However, the shares of Reliance Industries, India’s most valuable company, have fallen slightly.
The decline saw the company’s chairman Mukesh Ambani’s net worth drop by $490 million, dropping him four places to the world’s richest man list and from second to third place in Asia. This year, income has fallen by $20.8 billion.
According to the Bloomberg Billionaires Index, Ambani’s net worth is now $ 86.9 billion. As a result, he has fallen to the 25th position in the list of the world’s richest people. He is ahead of China’s Zhang Yiming, American Jeff Yass, David Sun and John Tu.
Yiming’s net worth has increased by $ 24.1 billion. With a net worth of $92.8 billion, he is second in Asia. Yas’s net worth increased by $7.56 billion, Sun’s by $2.75 billion and Tu’s by $2.75 billion.
Who is Yiming?
Yiming is the co-founder of social media group ByteDance, which runs the video-sharing app TikTok.
Meanwhile, Gautam Adani remains at number one in Asia. On Tuesday, his net worth rose by $1.61 billion. With a net worth of $117 billion, he ranks 17th globally. On Tuesday, the net worth of eight of the world’s top 10 richest people fell.
Elon Musk is at number one with a net worth of $ 726 billion. Google founder Larry Page ($308 billion), Oracle’s Larry Ellison ($299 billion), Sergey Brin ($286 billion) and Amazon founder Jeff Bezos ($277 billion) are at number five. They are followed by Michael Dell ($238 billion), Mark Zuckerberg ($213 billion), Jensen Huang ($184 billion), Bernard Arnault ($162 billion) and Steve Ballmer ($155 billion).
