Hindenburg Report: Now Gautam Adani is out of the top-20 list of the rich, lost $ 10.7 billion in the last 24 hours
Gautam Adani out from Top 20 Billionaires List: The report of American research firm Hindenburg has brought Gautam Adani's empire towards collapse. There has been a tsunami in the shares of Adani's companies. Adani's net worth has also been badly affected by the continuously falling stock. Due to this now Adani has also been out of the list of top-20 rich of the world.
In just 8 days, Indian industrialist Gautam Adani moved from third place to 21st place in the list of the world's richest. The report of American research firm Hindenburg has shaken Gautam Adani's heart. The tsunami in the shares of Adani's companies does not seem to stop. The fall in shares has not only affected the shareholders but also Adani's financial health. Gautam Adani's net worth has decreased significantly. Gautam Adani has been out of the top 20 from the recently released list of the world's rich. Before the Hindenburg report came, Gautam Adani was number three on the list of top billionaires in the world. Just three days after the report came, Adani had moved from third to seventh on the list of the world's richest people. After which he dropped out of the top 10. Now in the released list, Gautam Adani has also dropped out of the top 20. According to the Bloomberg Billionaire Index on February 3, Gautam Adani has reached number 21 with a net worth of $ 61.3 billion.
According to the Bloomberg Billionaires Index, the organization that released the list of the world's rich, Gautam Adani is currently ranked 21st in the world with total assets of $ 61.3 billion. Gautam Adani's net worth has decreased by $ 10.7 billion in the last 24 hours. Adani has reached five places in the last 24 hours. On Thursday, Adani was ranked 16th in the top-20 list of the rich with $64.7 billion. But now with assets of $ 61.3 billion, he has come in 21st place.
According to the Bloomberg Billionaire Index, Reliance Industries Chairman Mukesh Ambani is in the 12th position on the list of the world's top rich. Mukesh Ambani is currently the richest Indian in the world. Mukesh Ambani left Adani behind on February 1. Currently, Mukesh Ambani is at number 12 with a net worth of $80.3 billion.
The Hindenburg Report, which came out in the last week of January 2023, claimed that the Adani Group had been involved in blatant stock manipulation and account fraud for decades. The report said that Adani's companies have huge debt. Adani Group was also accused of serious allegations like money laundering. After which there has been a tsunami in Adani's stock.
Adani Group, on the other hand, has termed the Hindenburg report as a bundle of lies and said that it is a conspiracy to defame it before the FPO. Adani Group responded to the Hindenburg report in 413 pages on Sunday. In response, the company said that 68 out of 88 questions asked by Hindenburg were fake. Adani Group had said that it
There is a well-thought-out conspiracy against India.
According to the Bloomberg Billionaire Index, French businessman Bernard Arnault is currently the number one richest man in the world. With a net worth of $ 193 billion, he has become number one on the list of the world's rich. Tesla, SpaceX and Twitter owner Elon Musk is second with a net worth of $174 billion, Amazon's Jeff Bezos ($136 billion) third, Microsoft founder Bill Gates ($115 billion) fourth, veteran investor Warren Buffett ($108 billion) Dollar) is at number five.
Larry Ellison ($102 billion) is sixth, Larry Page ($98.4 billion) seventh, Sergey Brin ($94.6 billion) eighth, Steve Ballmer ($94.0 billion) ninth and Carlos Slim ($84.2 billion) are at number ten.