Indian industrialist and Adani Group Chairman Gautam Adani has once again joined the list of the world’s top-20 richest people, according to the Bloomberg Billionaires Index. Gautam Adani’s net worth has jumped to 20th position in the list of the world’s top billionaires due to a sudden jump of more than Rs 24,000 crore. According to the Bloomberg Billionaires Index, his net worth has increased to $ 63.8 billion after the latest increase. They were closed at the mark. Due to the rise in shares, the market capitalization of Adani Group also crossed 11 lakh crore.
Hindenburg’s impact is less!
The Adani Group’s market cap has fallen sharply since the arrival of us short-selling firm Hindenburg earlier this year. The group has crossed the market value mark for the first time since the Hindenburg report. Was. This report had such an adverse effect on investor sentiment that there was a tsunami in Adani Stocks.
A report caused great damage
After the Hindenburg report, the shares of all the Adani Group companies had fallen, while some stocks had fallen more than 80 percent. The 10 billionaires had reached the second position in the list, but within two months of the Hindenburg report, they were out of the top-30. Adani’s wealth has decreased by $ 56.7 billion so far this year.