Gautam Adani Slips to 7th Position in Forbes List of World's Richest Persons, His Net Worth Drops by Over USD 18 Billion Following Hindenburg Report on Adani Group
Hindenburg report is proving too costly for Gautam Adani and his group of companies as his fortune fell sharply on Friday and his ranking in the global rich list came down to 7th spot.
Hindenburg report is proving too costly for Gautam Adani and his group of companies as his fortune fell sharply on Friday and his ranking in the global rich list came down to 7th spot. Forbes Real Time Billionaire Index showed that Adani’s wealth tumbled by over $18 billion to $100 billion in the opening trading hours of Friday. Hindenburg Research had earlier released a lengthy report that alleged fraud by the Ahmedabad-based group. Gautam Adani-Owned Companies Lose Almost $45 Billion in Market Value After Selloff Sparked by Hindenburg Report on Adani Group.
Gautam Adani Slips to 7th Position in Forbes List:
Gautam Adani, according to Forbes, slipped to the 7th position in the list of the world's richest people.#GautamAdani #AdaniEnterprises #adaniports pic.twitter.com/9Hpxz6X3vw
— Payal Mohindra (@payal_mohindra) January 27, 2023
Gautam Adani Slipped To 7th Spot In World Richest Man List Of Forbes.#GautamAdani pic.twitter.com/mEIbfnnSrd
— Invest Tales (@InvestTales) January 27, 2023
(The above story first appeared on LatestLY on Jan 27, 2023 02:03 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
