Indian billionaire Mukesh Ambani, recently ranked 11th on the global list of the world’s richest, has seen his wealth steadily decline, causing him to drop to 17th on the Bloomberg Billionaires Index.

On Tuesday, Indian billionaires Gautam Adani and Mukesh Ambani were the top losers among the world's richest person list, after suffering significant declines in their net worth. Other notable Indian billionaires whose fortunes took a hit include Savitri Jindal,

Upon his arrival, Mukesh suggested naming their children Isha and Akash, which translate to "Goddess of the Mountains" and "Sky", respectively.

Amid the massive sell-off by foreign investors, the shares of Reliance Industries have dropped. As a result, there is a drop in the market valuation of the company. Here are the details.

Following a brief stint at Mckinsey, Isha Ambani, the daughter of billionaire, Mukesh Ambani, joined the family business empire and currently heads Reliance Retail, a subsidiary of Reliance Industries.