January 01, 2009

Billionaire Who Lost Most Money on 2008

Touted on the cover of our 2008 numbers by billionaires have added $ 24 million to his fortune in a year, Ambani has dropped $ 30 million since then.
But do not worry too much. Their dependence Entertainment is investing $ 500 million in a new venture with Steven Spielberg DreamWorks studio. He remains very rich, worth $ 12 billion of that is something that many others can not complain.
March net worth: $ 42 million
Net Present Value: $ 12 million

The biggest billionaire gainer last March was the biggest loser year. Ambani lost $ 30 billion over the past nine months, more than anyone in the world.

Stock of its telecommunications company fell after his estranged brother helped scuttle an agreement with the African MTN telecommunications. It is an achievement in a year in which three of his compatriots - estranged brother Mukesh, Indian steel magnate Lakshmi Mittal and KP Singh, all previously classified among the 10 richest in the world - lost more than $ 20 million each.

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