10 Billionaires Who Faced A Massive Loss

By siliconindia | Friday, 29 November 2013, 13:04 Hrs

9. Bill Gates

William Henry Bill Gates III usually known to people as Bill Gates is a founder of Microsoft. From 1995 to 2009 he was consistently ranked as the wealthiest in America and world’s second richest man in the list of Forbes Wealthiest people. He lost his title of being world’s richest in 2010 as he gave billions for charity and third part of his wealth was given to Bill and Melinda Gates foundation that are into the U.S. education and global heath development. Currently he is considered as the world’s richest man in 2013, according to the list given by Bloomberg Billionaires.

10. Anil Ambani and Mukesh Ambani

Anil and Mukesh Ambani, the sons’ of Dhirubhai Ambani, are born billionaires. After ten years of their father’s death, a war stroked between both the brothers. Mukesh Ambani is the owner of telecommunications giant Reliance Industries that made him India’s richest man and his brother Anil Ambani owns Reliance communications that has a good turnover. In 2013 they decided to merge and witnessed a growth in stock chart but due to recent rupee crash, Mukesh lost almost $5.6 billion and Anil lost $1.3 billion.

On a concluding note, the list comprises billionaires who went bankrupted and some who bounced back and are still maintaining top positions of being Billionaires.