The credit crunch has not even spared the richest man in the UK Steel Baron Lakshmi N Mittal, whose fortune plummeted by $16 billion (₤9 billion) in just 120 days due to recession-hit stock market. According to The Sunday Times Rich List 2008, Mittal heads the list of 10 super-rich losers, including Anil Agarwal who lost ₤2.9 billion in the market.
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