The downfall of Anil Ambani: $42 billion net worth to zero in 12 years

[Gabbar Singh]

Anil Ambani, once the world’s 6th richest man, is pleading poverty in an attempt to not pay debts which he owes to some Chinese banks.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">'Have just 1 car, sold jewellery to pay legal fees': Anil Ambani to UK court in Chinese loans case.<a href="https://t.co/29XCKdBXuG">https://t.co/29XCKdBXuG</a></p>— TIMES NOW (@TimesNow) <a href="https://twitter.com/TimesNow/status/1309768419663917058?ref_src=twsrc%5Etfw">September 26, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Gabbar Singh]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Yacht sinks Anil Ambani’s poverty argument <a href="https://t.co/tDGDzFX1U8">https://t.co/tDGDzFX1U8</a> via <a href="https://twitter.com/MumbaiMirror?ref_src=twsrc%5Etfw">@mumbaimirror</a></p>— meena kandasamy || இளவேனில் (@meenakandasamy) <a href="https://twitter.com/meenakandasamy/status/1228664598200561664?ref_src=twsrc%5Etfw">February 15, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Lurker_Ind]

Not everyone can succeed like Mukesh Ambani.

 

[Giannis]

I remember a lot of Pakistanis and Indians idolizing these guys, when in reality being so filthy rich is not something to admire. Every billionaire has had to break laws, cheat, exploit and mistreat labor and the environment just to get where they are. Like Bernie said, there's no such thing as an ethical billionaire. Ambanis is just another billionaire from India to fall like Vijay Malaya, hopefully they're brought to justice.

 

[Lurker_Ind]

I remember a lot of Pakistanis and Indians idolizing these guys, when in reality being so filthy rich is not something to admire. Every billionaire has had to break laws, cheat, exploit and mistreat labor and the environment just to get where they are. Like Bernie said, there's no such thing as an ethical billionaire. Ambanis is just another billionaire from India to fall like Vijay Malaya, hopefully they're brought to justice.

There is no such thing as Ethical person. Everyone breaks laws as per their capacity.

 

[Giannis]

There is no such thing as Ethical person. Everyone breaks laws as per their capacity.

Lets just say that the rich and powerful trample over more people to the top.

 

[MenInG]

We dont know how many people he helped along the way so lets not judge him.