Hindenburg: Adani’s poor condition continues, loss of 3000 crores every week, reached number 23 in the list of rich


Gautam Adani’s belongings are actually decreased to $ 53 billion (Rs 4.3 lakh crore). Adani’s wealth has come down by 60 per cent from its all-time excessive thus far. In response to a report, on a median each week has decreased by Rs 3,000 crore.

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After the report of Hindenburg Research in January, there was an enormous decline within the shares of Adani Group. After this report, he has suffered rather a lot financially. Industrialist Gautam Adani, who as soon as reached quantity two within the listing of world’s richest individuals, is now at quantity 23. Gautam Adani was the proprietor of belongings of greater than $ 150 billion in September 2022, however fell to $ 53 billion in January. It isn’t us however the ‘M3M Hurun International Wealthy Checklist-2023’ launched on Wednesday is saying this. In response to this report, within the final one 12 months, Gautam Adani’s wealth has decreased by a median of Rs 3,000 crore each week.

It has been stated within the Hurun International Wealthy Checklist that Gautam Adani’s wealth is now decreased to $ 53 billion (Rs 4.3 lakh crore). Not solely this, with a lack of $ 28 billion (about Rs 2.3 lakh crore), he has additionally misplaced the title of being India’s richest individual. On the similar time, Gautam Adani’s wealth has come down by 60 p.c from his all-time excessive.

Hindenburg Research had accused Adani Group

Considerably, American monetary analysis and funding firm Hindenburg Research revealed a report within the final week of January, accusing the Adani Group of manipulation of books and shares. Though the group had vehemently denied the allegations, it led to a pointy fall within the shares of group firms. With the drop in wealth, Adani slipped down the listing of the worldwide wealthy. Adani has slipped to the twenty third place on this planet’s wealthy listing.

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