Gautam Adani has slipped to the 29th spot in the Bloomberg Billionaires list with a net worth of $42.7 billion. This is the second consecutive drop in his position since he fell to the 25th spot on Feb 21
Source: Bloomberg Billionaires Index
Gautam Adani was worth approx. $150 billion in September 2022. By December 2022, his net worth dropped to approx. $138.1 billion and continues to witness a downfall
The allegations put forward by Nate Anderson-led Hindenburg Research have led to the erosion of Gautam Adani’s personal wealth worth over $107 billion
Adani group stocks have erased over Rs 11 lakh crore in combined m-cap. The combined group m-cap has fallen below $100 billion level from $232 billion as of January 24
Reliance Industries Chairman Mukesh Ambani continues to strengthen his position on the Bloomberg Billionaires Index at spot 12 with a net worth of $81.5 billion. He has reclaimed the title of the richest Indian
Three of Adani Group shares - Adani Total Gas, Adani Green, Adani Transmission - are the top losers on BSE since January 24. Adani Group CFO Jugeshinder Singh group's gross debt stands at $30 billion at the gross level and $26 billion at the net level
Short-seller Hindenburg’s founder Nate Anderson referred to a media report which talked about Vinod Adani’s alleged negotiations for acquiring finances for the Adani Group
Meanwhile, the prediction made in Hindenburg report about 85% downside in Adani Group stocks is becoming true as Adani Total Gas, Adani Transmission, Adani Green shares extend slide
LVMH CEO Bernard Arnault tops the Bloomberg Billionaires List with a net worth of $189 billion while Twitter CEO Elon Musk is at second spot with a net worth of $183B