"Industrialist Anil Ambani continues to be on the focus of US magazine Forbes but this time around for topping the list of 'Billionaire Blowups of 2008' by virtue of turning the biggest loser of wealth in less than a year of being touted as the biggest gainer in the world. Besides ranking him as sixth richest person in the world with a net worth of 42 billion dollars, Forbes had credited him for having added maximum wealth in its last annual rankings in March. Since then, his net worth has declined to 12 billion dollars, the magazine said in a news report titled 'Billionaire Blowups of 2008'. 'The biggest loser of all was Anil Ambani. Touted on the cover of our 2008 billionaires issue for having added 24 billion dollars to his fortune in one year, Ambani has dropped 30 billion dollars since then,' the report said."
Read »Anil Ambani world's top loser with $30 bn off his kitty: Forbes
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