After Hindenburg report, Gautam Adani no longer among world's 25 richest on Forbes, Bloomberg lists
HY News
23 February, 2023 03:07 pm IST
Text Size:
After Hindenburg report, Gautam Adani, once Asia’s richest man, is no longer figures among the world’s 25 richest persons’ list. According to the world billionaires list by Forbes and Bloomberg, Adani has slipped to the 26th and 29th rank respectively after his net worth tanked to less than $45 billion on Wednesday.
While the Forbes Real-Time Billionaire List pegged his current net worth at $43.4 billion, the Bloomberg Billionaires Index said that his net worth slipped to $42.7 billion. This is a massive wipe off of over $75 billion of wealth since the release of the scathing report by the US short selling accusing Adani of pulling the ‘largest con in corporate history.’
As per Forbes and Bloomberg, the fortune of Adani, who was once world's second richest person, was down $3.2 billion and $3.39 billion since yesterday, respectively. The group of companies owned by Adani has lost about $142 billion in market capitalization since the Hindenburg report was published on January 24.
Subscribe to our mailing list to get the new updates!
Subscribe our newsletter to stay updated
Leave Comments