Indian tycoons Ambani and Adani lose over $100B net worth due to business challenges and scrutiny.

Indian business magnates Mukesh Ambani and Gautam Adani have both fallen out of the $100 billion net worth club due to recent financial setbacks. Ambani's Reliance Industries has faced challenges in energy and retail, while Adani's company is under scrutiny from a US Department of Justice investigation. These issues have led to a significant drop in their wealth and market valuations.

3 months ago
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