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Gautam Adani Networth: In the first week of January 2023, when it was being speculated that Gautam Adani, chairman of the Adani Group, would ever overtake Tesla chief Elum Musk to become the world’s second richest, then the gap between the two was only $ 16 billion. was left Gautam Adani’s net worth was then $ 121 billion, while Alum Musk’s was $ 137 billion.
But in the fourth week of January, 24 January 2023, as soon as the Hindenburg Research Report released the report accusing the Adani Group of siphoning off the shares of the companies through rigging. Stocks of Adani group started falling like a house of cards. In the next one month, the stocks of Adani Group slipped down to 85 percent. So the Adani group had to withdraw the Rs 20,000 crore mega FPO of Adani Enterprises as well.
But the sharp fall in Adani Group’s shares affected Gautam Adani’s net worth. On January 27, there was a decline of $ 20.8 billion in Gautam Adani’s net worth in a single day. This was the biggest loss for any billionaire in a single day. The market value of Adani Group declined by $150 billion. So Gautam Adani’s net worth came down to $40 billion. While at one time in October 2022, his net worth had reached $ 143 billion.
According to the Bloomberg Billionaires Index, Gautam Adani’s net worth is now $ 60.3 billion and his wealth has declined by $ 60.2 billion in the first six months of the current year. According to the Bloomberg Billionaires Index, he is at the 21st position in the list of the world’s richest people. Gautam Adani’s net worth has jumped by $ 20 billion from the lower level as Adani Ports and Adani Enterprises shares have recovered. But the shares of some group companies are still trading much below their highs. And Gautam Adani is still $60 billion behind this year’s high in terms of net worth.
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