Big worry for Mukesh Ambani, Gautam Adani Elon Musk as Trump’s tariffs deal causes setback worth Rs…, US President now plans to…

Business tycoon Mukesh Ambani suffered a massive loss of USD 3.08 billion. His net worth now stands at USD 87.9 billion.

Feb 5, 2025 - 01:30
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Big worry for Mukesh Ambani, Gautam Adani Elon Musk as Trump’s tariffs deal causes setback worth Rs…, US President now plans to…

New Delhi: After taking plight of job as the President of the US, Donald Trump offered a slew of tariff measures that brought on a multi-billion-greenback setback for alternate tycoons fair like Adani, Ambani, and Elon Musk. Submit the announcement of a 25 p.c tariff on most imports from Canada and Mexico, and a 10 p.c tariff on goods coming from China, a decline used to be noticed in world stock markets. This has additionally affected the get fee of the enviornment’s billionaires.

In step with the Bloomberg Billionaire Index, SpaceX CEO Elon Musk suffered a loss of USD 14.9 billion. As of Monday, his get fee stands at $418 billion. Within the period in-between, Bernard Arnault’s wealth reduced by USD 4.65 billion, leaving him with a get fee of USD 189 billion.

How Great Loss Did Mukesh Ambani Endure?

Industry multi-millionaire Mukesh Ambani suffered a huge loss of USD 3.08 billion. His get fee now stands at USD 87.9 billion. Irrespective of seeing this mighty loss, Mukesh stays in 17th plight on the list of the enviornment’s wealthiest other americans. Within the period in-between, Gautam Adani is in 21st plight and confronted a loss of $1.97 billion on Monday.

On Monday, Jensen Huang misplaced USD 2.85 billion, Amancio Ortega misplaced USD 2.57 billion, Larry Ellison misplaced USD2.37 billion, Larry Web page misplaced USD2.31 billion, Michael Dell misplaced USD2.23 billion, and Sergey Brin misplaced USD2.19 billion.

The world market has been disrupted for the reason that initiate of the alternate war, as the warfare over tariffs between the US and other countries is no longer inclined to elevate any economic advantages.The benchmark index of the home stock market, the Sensex, closed down by 319.22 capabilities at 77,186.74. All the device through shopping and selling, it had dropped by 749.87 capabilities, reaching 76,756.09. The Nifty fell by 121.10 capabilities, closing at 23,361.05.

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