File photo | Photo Credit: BCCL

New Delhi: India's wealthiest person Mukesh Ambani earned Rs 187.9 crore per day on an average while his younger brother Anil Ambani lost Rs 14 crore everyday in last one year. Forbes Magazine recently revealed the India Rich List 2018 which featured India's 100 richest people and Mukesh Ambani topped the list for the 11th time with a total net worth of $47.3 billion which is equal to Rs 3,48,934.47 crore.

Mukesh Ambani added $9.3 billion last year to retain his number 1 spot, his brother Anil Ambani’s wealth, on the other hand, shrunk from $3.15 billion last year to $2.44 billion this year. Last year he was at 45th position on the list but, this year he slipped to the 68th spot. It may be noted that Anil Ambani runs a separate empire from Mukesh Ambani with interest in infrastructure, media, defence as well as financial services and telecom. His company Reliance defence has several joint ventures with Israel's Rafael Advanced Defence Systems and France's Dassault Aviation.

Read: Forbes India Rich List 2018: RIL Chairman Mukesh Ambani retains top spot for 11th consecutive year

Anil Ambani announced this year that his debt-laden Reliance Communications will exit the telecom business completely as the company was unable to sustain after it continued to report losses for several years resulting in mounting debt on its balance sheet. The situation became worse even worse in 2016 when his brother's Reliance Jio Infocomm rolled out its services. The company sold its optic fibre and related assets to Reliance Jio for Rs 3,000 crore.

Forbes India Rich List 2018: Take a look at India's 10 richest people

A 2017 Economic Times report stated that Personal fortunes of Anil Ambani have shrunk ever since the split of the Ambani family business in 2006. As per Forbes' The World's Billionaires List 2007, Anil Ambani had a net worth of $18.2 billion while Mukesh Ambani's net worth at that time was $20.1 billion. Since then, Mukesh Ambani’s wealth has grown to $47.3 billion while Anil Ambani's net worth has shrunk from $18.2 billion to $2.44 billion.

Also Read: Mukesh Ambani ranked first for the 7th time in Barclays Hurun India rich list

Worth mentioning here is that when the split happened, Mukesh Ambani ended up with core energy business while Anil Ambani got telecom, financial services and power arms. Anil Ambani has sold most off his power assets since then, to pay off the debt and has even sold a major part of his telecom assets to Mukesh Ambani. As of now Mukesh Ambani's wealth his 20 times that of his younger brother's.

