{"id":341429,"date":"2020-03-11T12:08:34","date_gmt":"2020-03-11T06:38:34","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341429"},"modified":"2020-03-11T12:26:52","modified_gmt":"2020-03-11T06:56:52","slug":"mukesh-ambani-loses-asias-richest-man-crown-to-ma","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambani-loses-asias-richest-man-crown-to-ma\/","title":{"rendered":"Mukesh Ambani loses Asia\u2019s richest man crown to Ma"},"content":{"rendered":"<p>Having lost $5.8 billion in net worth on Monday as Reliance Industries share price crashed on the stock exchanges, Mukesh Ambani has lost the title of Asia\u2019s richest man to Alibaba Founder Jack Ma. Reliance Industries\u2019 share price took a beating after oil prices dipped below $30 a barrel.<\/p>\n<p>According to the Bloomberg Billionaires Index, Jack Ma\u2019s networth is at $44.8 billion while Ambani\u2019s continues to be India\u2019s richest man with a fortune of $41.8 billion. Amazon CEO Jeff Bezos continues to be the world\u2019s richest man even though he lost $5.6 billion on Monday.<\/p>\n<p>Global stock markets on Monday got a glimpse of the much feared \u2018black swan event,\u2019 a rarely seen extreme situation. In India, it was the biggest intraday fall for Sensex in absolute terms as it plunged 2,326.35 points in the afternoon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having lost $5.8 billion in net worth on Monday as Reliance Industries share price crashed on the stock exchanges, Mukesh Ambani has lost the title of Asia\u2019s richest man to Alibaba Founder Jack Ma. Reliance Industries\u2019 share price took a beating after oil prices dipped below $30 a barrel. According to the Bloomberg Billionaires Index, Jack Ma\u2019s networth is at $44.8 billion while Ambani\u2019s continues to be India\u2019s richest man with a fortune of $41.8 billion. Amazon CEO Jeff Bezos continues to be the world\u2019s richest man even though he lost $5.6 billion on Monday. Global stock markets on Monday [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-341429","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341429"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341429\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}