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Industrialist Anil Ambani's wealth shrunk by 73% to Rs 970 crore in 6 months

R Sinduja

News Editor
Image Credit: Shortpedia

Anil Ambani's equity wealth has shrunk by 73.43% in the last 6 months to just Rs 97010 crore as against Rs 3651 crore on June 11. The aggregate market value of Anil Ambani's Reliance Group companies smashed to a low of Rs 2361 crore, compared to the peak of over Rs 4 lakh crore in 2008. The group has 5 companies listed on stock exchanges and among the group's listed, no market has market cap exceeding Rs 1000 crore.