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Reading: Gautam Adani: Hindenburg’s bomb explodes again! Gautam Adani out of top 20, a shock of $3.19 billion
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Leanbrow > News > Business > Gautam Adani: Hindenburg’s bomb explodes again! Gautam Adani out of top 20, a shock of $3.19 billion
Business

Gautam Adani: Hindenburg’s bomb explodes again! Gautam Adani out of top 20, a shock of $3.19 billion

Shreya Bhanshali
Last updated: 2023/06/24 at 1:44 PM
Shreya Bhanshali
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Gautam Adani: Hindenburg’s bomb explodes again! Gautam Adani out of - Leanbrow
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New Delhi: On Friday, a big decline was seen in all the shares of Adani Group. This happened because of a report. According to this report, the Adani Group is under investigation by US regulators. The presentation given earlier to the investors of the group is also being examined. As soon as this report came, there has been a huge decline in the shares of Adani Group. All the 10 scrips of the group closed with heavy losses. There has also been a huge decline in the net worth of Gautam Adani, the chairman of this group. According to the Bloomberg Billionaires Index, Adani’s net worth has decreased by $ 3.19 billion i.e. Rs 2,61,44,53,82,000 on the last day of this week. Now his net worth is $58.2 billion. Adani’s net worth decreased by $ 62.3 billion this year. With this, he has moved from number four to number 23 in the list of the world’s richest people.

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Shares fell after the report
American short selling firm Hindenburg Research released a report on Adani Group on 24 January. The group was accused of manipulating the price of the shares. Pantu Adani Group has denied these allegations. Due to this report, there was a big fall in the shares of Adani Group. However, now the situation is good. But once again the Hindenburg bomb has exploded. Due to this, there has been a huge decline in the shares of the group. The shares of Adani Enterprises, the flagship company of the group, have registered the maximum decline of 6.8% and its market cap has decreased by Rs 18559 crore. In this way, a decline of 6.4 per cent in Adani Transmission, 5.6 per cent in Adani Power, 4.2 per cent in Ambuja Cement and 4.2 per cent in Adani Ports has been registered.

Who’s on top?
In such a situation, the net worth of nine of the top 10 richest people in the world has decreased. Elon Musk’s net worth has decreased the most by $ 5.73 billion. He is number one in the list of richest people in the world with a net worth of $230 billion. Bernard Arnault of France is in second place with $193 billion. So Jeff Bezos third, Larry Ellison fourth, Bill Gates fifth, Steve Ballmer sixth, Warren Buffett seventh, Larry Page eighth, Sergey Brin ninth and Mark Zuckerberg tenth. Mukesh Ambani is at number 13 in this list with a net worth of $87 billion.
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