Published 15:27 IST, November 9th 2023
Time is not forever: A billionaire who was once richer than Mukesh Ambani, ended up being insolvent
Anil Ambani, engulfed by billions of dollars of debt, faced a terrible moment, as the equity value of his entire company dropped to 4292 crore ($523 mn) in 2019
![Anil Ambani](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/anniv-t-n-ninan-1_647_121115082517-169952216031916_9.webp)
From left: Mukesh, Dhirubhai and Anil Ambani. | Image:
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15:27 IST, November 9th 2023