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Billionaires' Fortunes Plummet: Who Lost Most as Market Crash Wipes Out Trillions?
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Billionaires Bleed Billions: Market Downturn Wipes Out Trillions in 2026
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News18
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16-03-2026, 10:20
Billionaires Bleed Billions: Market Downturn Wipes Out Trillions in 2026
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India's top billionaires faced massive wealth erosion due to a significant market downturn in 2026.
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DLF founder KP Singh suffered the highest percentage loss, losing $3.3 billion (₹30,000 crore), a 23.1% decline.
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Wipro's Azim Premji lost $5.8 billion (₹54,000 crore), while HCL Tech's Shiv Nadar saw the largest absolute loss of $6.4 billion (₹58,000 crore).
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Ravi Jaipuria, Mangal Prabhat Lodha, Rahul Bhatia, Sunil Mittal, and Shapoor Mistry also incurred multi-billion dollar losses.
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The collective losses underscore the severe impact of 2026 stock market volatility on India's wealthiest.
Read Full Article on News18 in Hindi
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