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Mukesh Ambani's wealth plunges by Rs 44,000 crore as Reliance industries see biggest-ever drop in 11 years

Shortpedia

Content Team
Image Credit: Shortpedia

Amid the crippling state of the Indian market, as the Coronavirus has hit the growth hard, Asia's richest person Mukesh Ambani became poorer by over Rs 44,000 crore on Monday as shares of his flagship company Reliance Industries fell by 14% to an intraday low of Rs 1,095 apiece. Reliance industries witnessed its biggest intraday fall in 11 years. According to Forbes real-time net worth, Ambani's net worth stood at $ 41.8 billion.