Reliance Industries Chairman Mukesh Ambani and Adani Group boss Gautam Adani Indias two richest individuals witnessed a significant rout of their net worth even as SpaceX CEO Elon Musk the wealthiest man in the world lost a whopping $11.4 billion of his wealth on Thursday. According to market data Mukesh Ambani Asias richest man saw a significant fall in his net worth losing $907 on Thursday (March 27 2025) according to Bloomberg Billionaires Index. Ambani who lost $1.42 billion on Tuesday has a current net worth stands at $90.9 billion making him the 17th richest person globally as per Bloomberg. Similarly Adani Group chief Gautam Adani Indias second richest person after Mukesh Ambani lost $1.91 billion on Tuesday and another $662 million on Wednesday when the markets closed. Adani is the 21st wealthiest in the world with a current net worth is pegged at $72.3 billion as per Bloomberg. The fall in the overall net worth of Indias richest was primarily due to recent volatility witnessed in the Indian stock market which closed deep into the red after the previous trading session ended on Wednesday breaking its seven-day streak of closing in the green. As per market data Sensex closed 728.69 points falling 0.93 percent to close at 77288.50 while the Nifty plunged 181.80 points or by 0.77 percent reaching 23486.85. Meanwhile worlds richest man Elon Musk emerged as the biggest loser this week among the global rich losing a staggering $11.4 billion followed by Nvidia CEO Jensen Huang who lost $6.1 billion of his net worth.