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Market crash caused $3.54 billions of loss for India's top 5 billionaires

Nabanita Dutta

News Editor
Image Credit: shortpedia

India's top 5 billionaires Mukesh Ambani, Shiv Nadar, Pallonji Mistry, Azim Premji, and Uday Kotak have witnessed a loss of $4.08 billion in a single day market crash on Monday. Mukesh Ambani alone has lost $2.45 billion after the Reliance Industries' shares fell 3.5% on the BSE. Pallonji Mistry has lost $281 million while Ajim Premji has lost $428 million from his total wealth after the meltdown of the global equity market.