The wealth of the world’s billionaires fluctuates, with Ambani and Adani suffering losses; Elon Musk makes a quantum leap.

Washington. Amid fluctuations in global markets, there has been a major change in the wealth of the world’s billionaires. According to the latest data of Bloomberg Billionaires Index, India’s leading industrialists Mukesh Ambani and Gautam Adani suffered a setback, while Elon Musk’s wealth registered a sharp jump. Ambani’s wealth decreased by $1.04 billion amid the fall in the domestic stock market. Adani’s net worth decreased by $3.82 billion, bringing his total wealth to around $71.6 billion and he reached the 22nd position in the rich list.

Elon Musk saw the biggest jump in wealth
Monday, with his wealth increasing by $9.19 billion, bringing his total net worth to nearly $650 billion. The top 10 billionaires benefited from the rally in US markets, adding nearly $30 billion to their combined wealth.

Earnings of other billionaires
Larry Ellison’s wealth increased by $207 million to $258 billion!
Sergey Brin gained $163 million, net worth $240 billion
Jeff Bezos’ wealth increased by $3.88 billion to $234 billion
Mark Zuckerberg’s wealth increased by $3.57 billion to $234 billion
Larry’s wealth increased by $4.58 billion to $203 billion
Bernard Arnault earned $2.18 billion, net
worth $155 billion Jensen Huang gained $2.18 billion, net worth $145 billion
Michael Dell’s wealth increased by $3.38 billion
Jim Walton gained $1.16 billion, net worth $143 billion

With this change, Warren Buffett dropped out of the list of top-10 billionaires.

Analysts believe that this imbalance was caused by the decline in the Indian market and the rise in the US market. This has had a direct impact on the global billionaire rankings.