New Delhi: Gautam Adani, the owner of Adani Group, who was once number-2 on the list of the world’s rich, has fallen so much in a month that he is now out of the top 30. Ever since the report of Hindenburg Research came out, there has been a record-breaking decline in their wealth. According to Forbes’ Real-Time Billionaires Index, Gautam Adani has reached number 33.
Gautam Adani’s assets were more than $ 100 billion before January 24, but after the report of America’s short-selling firm, these assets have decreased rapidly. According to the Bloomberg billionaires list, Gautam Adani’s wealth has decreased by $ 80.6 billion so far this year. Although Gautam Adani is at number 30 on the Bloomberg Billionaire Index.
How much wealth does Gautam Adani have now?
After the record decline, Gautam Adani’s wealth has decreased so much that compared to Mukesh Ambani’s net worth, his total assets have reduced to less than half. Gautam Adani’s net worth in the Forbes list of billionaires has reached $35.3 billion. His total wealth declined by $ 1.4 billion on Friday itself.
Mukesh Ambani’s wealth increased
On the other hand, Asia’s richest man Mukesh Ambani’s wealth increased by $ 628 million on Friday and now his total net worth is $ 84.1 billion, which is more than double the total assets of Gautam Adani. Mukesh Ambani is in 8th place on the list of rich.
Market cap reduced by Rs 12 lakh crore
One month has passed since the report of Hindenburg. In such a situation, after heavy selling, the market cap of 10 companies listed in the stock market of Adani Group has decreased by Rs 12.05 lakh crore. The market cap of 10 companies on January 24, 2023, was Rs 19.2 lakh crore, which was reduced to Rs 7.16 lakh crore after the market closed on Friday, February 24.
