Key Points
- Mukesh Ambani, chairman of Reliance Industries, has dropped from 16th to 17th position on the Bloomberg Billionaires Index after a sharp 3.3% fall in Reliance shares on July 21, 2025.
- His net worth fell by $3.28billion in a single day, now standing at roughly $104billion.
- This year, Ambani’s wealth has still grown by $12.9billion, reflecting Reliance’s overall positive run before the recent dip.
- Spain’s Amancio Ortega moved ahead of Ambani, now occupying the 16th spot in the global rich list.
- Elon Musk continues as the world’s richest person despite a $62billion drop in 2025, with a net worth of $370–393billion according to various estimates.
- Other tech titans including Larry Ellison, Mark Zuckerberg, and Jeff Bezos occupy the top spots, with Indian billionaire Gautam Adani ranked 20th with $82–85billion.
Mumbai: Despite Monday’s steep stock slide, Mukesh Ambani’s net worth has climbed $12.9billion in 2025 underscoring the overall strength of Reliance Industries earlier this year. Still, the latest market volatility erased $3.28billion from his fortune in just a day, pushing him down from 16th to 17th globally.
Currently, Ambani remains the only Asian in the $100billion-plus club and continues to lead Indian and Asian billionaires by a wide margin.
Amancio Ortega Reclaims the Lead
Spanish fashion tycoon Amancio Ortega, founder of Inditex (owner of Zara), overtook Ambani for 16th place after sustained strength in his retail empire. Ortega’s net worth is now estimated at $105billion.
Latest Top Global Billionaire Rankings (July 2025)
| Rank | Name | Net Worth ($B) | Company | 2025 Change ($B) |
|---|---|---|---|---|
| 1 | Elon Musk | 370–393 | Tesla, SpaceX | -62 |
| 2 | Larry Ellison | 251–276 | Oracle | +56.0 to +68.4 |
| 3 | Mark Zuckerberg | 247–251 | Meta | +48 |
| 4 | Jeff Bezos | 236–350 | Amazon | +28 |
| 5 | Steve Ballmer | 141–175 | Microsoft | +18 |
| 6 | Larry Page | 146–171 | +15 | |
| 7 | Warren Buffett | 143–157 | Berkshire Hathaway | +11 |
| 8 | Bernard Arnault | 146–155 | LVMH | -4.8 |
| 9 | Sergey Brin | 140–160 | +13 | |
| 10 | Jensen Huang | 137–149 | NVIDIA | +25 |
| 16 | Amancio Ortega | 105 | Inditex (Zara) | +9 |
| 17 | Mukesh Ambani | 103–104 | Reliance Industries | +12.9 |
| 20 | Gautam Adani | 82–85 | Adani Group | +6.14 |
Note: Figures from Bloomberg and Forbes vary minimally due to stock fluctuations.
Indian Billionaires in the Spotlight
Ambani remains India’s richest, while Gautam Adani is at 20th position with approximately $82–85billion, an increase of over $6billion this year. Other notable Indian billionaires, such as Savitri Jindal, continue to lead significant industrial and infrastructure groups.
Mukesh Ambani’s brief slip in the world’s rich list underscores the volatility even top billionaires face due to stock market swings. Despite losing a rank to Spain’s Amancio Ortega, Ambani’s overall wealth remains robust in 2025. The billionaire leaderboard continues to be dominated by technology moguls, with Indian tycoons maintaining a strong global presence.
