India, March 12 -- The fortunes of several Indian billionaires were affected by the ongoing sharp corrections in the stock markets, due to both domestic and global uncertainties.
The most affected include Ravi Jaipuria, K P Singh, Mangal Prabhat Lodha, Gautam Adani, Shiv Nadar, and Dilip Sanghvi, according to a Moneycontrol report.
Ravi Jaipuria, whose net worth took the steepest hit, is the founder and chairman of RJ Corp, which spans across sectors such as food & beverages, healthcare, and education.
His net worth dropped almost 26%, from the peak of $17.6 billion to $13.1 billion, mostly due to the poor performance of his flagship firm, Varun Beverages, which lost almost 25 percent of its value in 2025 so far.
Meanwhile, KP Singh o...
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