Lakshmi Mittal, Shanghvi lost $10 bn in 2018, Ambani added $4 bn
The 23 richest Indians in the 500-member Bloomberg Billionaires Index saw a wealth erosion of $21 billion this year. Lakshmi Mittal, who controls the world's largest steelmaker ArcelorMittal, lost $5.6 billion, or 29% of his net worth, followed by Sun Pharma Founder Dilip Shanghvi, whose wealth declined $4.6 billion. Asia's richest person Mukesh Ambani added $4 billion to his fortune.