New Delhi: Mukesh Ambani, the owner of Reliance Industries, is no longer the richest person in Asia. Ambani's earnings have come down after the earthquake in the stock market on Monday. Ambani has suffered a huge loss of $ 5.8 billion amid the fierce fighting over oil prices. According to the Bloomberg Billionaires Index, shares of Reliance Industries have fallen by 13% on Monday.
Indian stock market's darkest day, Sensex closed at the lowest
Only after this, Mukesh Ambani's total income has come down to $ 41.8 billion. Jack Ma, the founder of the Chinese company Alibaba, has now become the richest person in Asia. Jack Ma's total income is $ 44.5 billion. Mukesh Ambani is now ranked 19 among the rich around the world. While one place above them is Jack Ma of Alibaba.
Bank which sunk in 2004, had to merge with Oriental Bank of Commerce
Experts say that on Monday, the Sensex fell by more than 1,900 points in the stock market. Reliance Industries has been hit the most in this. The share price of the company fell by 13 percent. The impact of the crude oil price war between the Gulf countries and Russia has also suffered in the domestic market. Due to the fear of investors, Reliance started selling shares, which has a direct impact on Mukesh Ambani.
