Impact of Corona: Ambani has lost 590 crores of his wealth this year 

The deadly coronavirus which has killed more than 2800 people across the world is rapidly spreading outside China. Italy, Japan, and South Korea are three major countries that are deeply affected by the virus. This spread has affected global investors as well. Mukesh Ambani, the richest man in Asia has lost 590 crores this year alone. 

The chairman of the Reliance Industries according to a Bloomberg report has lost about 590 crores which have made his net worth come down to $53.05 billion this year so far. The shares of Reliance Industries has fallen to 11% in the global market. The major fall has happened only in the last 15 days assuming after the widespread impact of coronavirus started impacting the global market. 

List of Major investors who were affected:

1) IT czar, founder of Wipro - lost $869 million this year so far and his net worth now stands at $17.4 billion.

2) Pallonji Mistry, the founder of Shapoorji Pallonji Group and a major shareholder in Tata Sons has lost around $463 million.

3) Uday Kotak has lost around $126 million.

4) Kumal Mangalam Birla of Aditya Birla Group has lost around $884 million from his net worth. 

5) Gautam Adani of Adani Group has lost $496 million in the last two months.