India Business News: Byju Raveendran, founder of Byju's, has faced a setback as his net worth has hit zero on Forbes Billionaire Index 2024. Once valued at $22 billion, By
Forbes Billionaire Index 2024 highlights a drastic decline in Byju Raveendran s net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju s, once valued at $22 billion. The company s financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.
These 189 People Fell Off Forbes Billionaires List In 2024 forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Copper price forecast as Maike Metals collapses; Amer on the verge invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
The net worth of Wang Wenyin cut in half after a Chinese court ordered a three-year freeze on all of the shares in his privately held metals giant Amer International Group.