New Delhi : India’s richest man Mukesh Ambani has been left out of the list of top 10 nobles in the world. Now, he is the 12th richest person in the world with a wealth of $ 72.3 billion. He has been given this ranking in the realtime list of the rich composed by Forbes. Earlier, he was at number 10. Recently he reached number 5 in the list of the world’s rich. Jeff Bezos, the head of eCommerce company Amazon, remains the richest person in the world with assets worth $ 181.4 billion.
Amancio secured ninth position by pushing Mukesh Ambani from ninth to 12th position. Amancio is the head of the legendary fashion brand Zara. At the same time, Sergey Brin, one of the founders of Google, is ranked 10th among the world’s rich with a wealth of $ 74.5 billion. In the eighth place is Larry Elation and on the seventh is Larry Page. Warren Buffett is sixth and Mark Zuckerberg is fifth. Amazon CEO Jeff Bezos occupies the first place. On the Second position is Bernard & Family and Bill Gates is on the third.
There has been a rapid sell-off in the shares of Reliance Industries last week. Due to this, the wealth of Mukesh Ambani has also decreased. On September 16, the company’s stock was trading for Rs 2,324.55, while on November 20 it slipped to 18 percent to close at 1,899.50. At the same time, in 45 days the market cap of Reliance Group in NSE has also come down from Rs. 15.68 lakh crore to Rs. 2.97 lakh crore.
Significantly, Mukesh Ambani’s wealth had steadily increased from July to September. In fact, for Reliance Jio, he had invested more than Rs 1.5 lakh crore. Due to this, the shares of the company had grown rapidly and due to this, Mukesh Ambani was continuously rising in the ranking of the rich. But now due to the weakening of the stock in the market, his assets are also continuously decreasing.