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Gautam Adani is now ranked 24th on the list of the world’s richest people. This is because of the ongoing dispute over the bad report about the Group by the US-based short seller Hindenburg Research. Due to the ongoing controversy over the damaging research by US-based short seller Hindenburg Research against the Adani Group, Gautam … Read more
The Adani Group companies have lost $108 billion in market value since Hindenburg Research accused them of stock manipulation and accounting fraud in a study on January 24. This has caused a sharp decrease in Adani’s wealth. On January 17, 2023, Gautam Adani, Chairman of the Adani Group, was the third-richest person in the world; … Read more
As shares of listed Adani Group firms moved sharply to the downside, Gautam Adani’s net worth continued to suffer. The business tycoon lost $8.21 billion on Monday, dropping from seventh to eleventh on the Forbes Billionaires list after having previously been in seventh place. The richest Indian and Asian in the world, billionaire Gautam Adani, … Read more