Adani Group Archives > Zesa Central

As the Adani Group takes a financial hit from the Hindenburg report, Gautam Adani’s net worth has fallen below $50 billion.

March 16, 2023February 20, 2023 by Siddharth Singh

As of February 20th, Gautam Adani, the chairman of the ports-to-power conglomerate Adani Group, saw his net worth drop below $50 billion. The billionaire ranks at number 25 on the Bloomberg Billionaires Index with a net worth of $49.1 billion. Latest figures from the Bloomberg Billionaires Index show that on Monday, billionaire Gautam Adani saw … Read more

‘Hilarious beyond belief’: Adani Group’s ‘attack on India’ claim draws jibe from Opposition

January 30, 2023 by Siddharth Singh

The majority of Adani Group companies extended a $51 billion stock selloff as the market started on Monday, suggesting that investors are not generally persuaded by the billionaire’s denial of fraud claims made by American short seller Hindenburg Research. On Monday (January 30), opposition leaders attacked Adani Group’s assertion that the fraud charge made against … Read more