Gautam Adani Losses $5.5 Billion in a day after Hindenburg’s fraud allegations

 

Asia’s richest person Gautam Adani saw a uncertain drop of losses in his net worth of around $5.5 Billion dollars in a single day after the report by Hindenburg research.

Gautam Adani

Gautam Adani lost $5.5 billiom from his net worth in a single day after the Hindenburg Research accused Adani Group companies of “brazen stock manipulation and accounting fraud scheme”. At the time of writing the 60- year-old’s net worth stood at $113 billion, down more than $7 billion this year. Adani Group is “pulling the largest con in corporate history”, Hindenburg claimed

 


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