The massive wealth decline of Mukesh Ambani and Gautam Adani highlights how market volatility and economic pressures can significantly impact even the richest billionaires.

Two of India’s richest billionaires, Mukesh Ambani and Gautam Adani, have exited Bloomberg's coveted $100 billion club in 2024, marking a challenging year for the industrial giants.

Both Mukesh Ambani and Gautam Adani were dropped out of the ‘centibillionaire club’ as their net worth has fallen below the $100 billion mark per the Bloomberg Billionaires Index.

According to Bloomberg, both Adani and Ambani are out of the company's “elite centibillionaires club,” which comprises people with wealth exceeding $100 billion.

India's richest billionaires, Mukesh Ambani and Gautam Adani, have fallen out of Bloomberg's elite $100 billion club in 2024 due to major business challenges. The list comprises individuals whose net worth exceeds $100 billion,

India's wealthiest billionaires, Mukesh Ambani, Chairman of Reliance Industries, and Gautam Adani, Chairman of the Adani Group, have both exited Bloomberg's $100 billion club for 2024 due to various business challenges, according to the publication.

India's richest people Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg's $100 billion club amid business challenges. While Ambani's Reliance faces slowing growth and rising debt concerns,

Reliance CMD Mukesh Ambani and Adani Group chairman Gautam Adani, two of Asia's wealthiest individuals and India's richest billionaires, have both left Bloomberg's $100 billion club for the year due to various business setbacks,

India's top two billionaires, Mukesh Ambani and Gautam Adani, have exited Bloomberg's $100 billion club. Ambani's fortune dropped from $120.8 billion to $96.7 billion, while Adani's fell from $122.3 billion to $82.

Reliance Industries, Mukesh Ambani's flagship company, has faced pressure in its core businesses. However, market analysts remain cautiously optimistic.