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Buddy, can you spare a Rupee?


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UK court orders Anil Ambani to pay $717m to Chinese banks

Case charts financial decline of Indian tycoon once ranked world’s sixth-richest man

https://www.ft.com/content/e2a0803d-3ab1-4ef8-a7da-114bdacf5f6f

Mr Ambani, once ranked the world’s sixth-richest man by Forbes with a fortune of over $40bn, said earlier this year that his net worth had collapsed to zero after RCom and other arms of his Reliance Group conglomerate suffered.

Jaw dropping.

What is it about Indians 'billionaires'

None seem to have money.

https://economictimes.indiatimes.com/news/company/corporate-trends/onetime-billionaire-says-hes-now-worth-nothing/articleshow/74019910.cms

Hes fibbing. Hell have stashed cash n gold everywhere.

The embattled Indian tycoon says that while he agreed to give a non-binding “personal comfort letter,” he never gave a guarantee tied to his personal assets -- an “extraordinary potential personal liability.”

Eeh?
 

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