Trump Tariff: The effect of US President Donald Trump’s tariff policies is such that it has reduced the property of all the billionaires of the world. These include India’s business tycoon Mukesh Ambani and Gautam Adani. In the net worth of these two business veterans, there has been a huge decline of $ 30.5 billion (Rs 2.6 lakh crore) so far in the year 2025. Apart from these, all industrialists like Azim Premji, Shiv Nadar, Diliv Sanghvi have also come in the grip of the effect of tariffs.
Mukesh Ambani suffered so much loss
First of all, let’s talk about Mukesh Ambani, India’s richest man. His assets have fallen by $ 3.42 billion. Along with this, he has also been out of the list of 10 richest men in the world. In this list, he is now at number 17 with assets of $ 87.2 billion. Shares of his company Reliance Industries and Jio Financial Services have lost 0.10 and 24 percent this year respectively.
Gautam Adani also reduced net worth
Similarly, the wealth of Gautam Adani has also reduced by $ 6.05 billion. His company Adani Enterprises has suffered about 9 percent losses this year. Jindal Group chairperson Savitri Jindal has lost $ 2.4 billion and Shiv Nadar, owner of HCL Technologies, has lost $ 10.5 billion.
Indian stock market declines
During this time, the Indian stock market has also declined as foreign investors are constantly selling Indian shares. Foreign investors have withdrawn Rs 31,575 crore from Indian shares between April 1 and April 11. In 2025 so far, withdrawal of about Rs 1.5 lakh crore has been done from the stock market. Due to this, the Sensex and Nifty have declined by 4.5 percent. BSE midcap and smallcap have declined by 14 and 17 percent.
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